S. Iswaran, Singapore’s minister-in-charge of trade relations has congratulated Telangana Chief Minister K. Chandrashekhar Rao over his regaining as CM post with a thumping victory in the Telangana elections. “Under your leadership, Telangana has achieved a stellar annual revenue growth rate of 17.17%. Singapore companies have also recognised Telangana’s favourable investment climate,” the letter read.
“During your tenure, DBS (Development Bank of Singapore) built its largest technology hub outside its Singapore headquarters in Hyderabad and Ascendas-Singapore continued to expand its footprint within the state,” it added.