Walsh Karra Holdings, led by Phani Karra and Greg Walsh, along with WE Hub CEO Sita Pallacholla, signed an MoU in New York in the presence of Telangana Chief Minister Revanth Reddy and IT Minister D Sridhar Babu. This partnership aims to drive sustainable economic growth by supporting innovative and profitable companies.
On another note, Minister KTR expressed concerns over the decline in IT exports and job creation in Telangana. He emphasized the importance of prioritizing the IT sector, supporting existing investors, attracting new investments, and fostering young entrepreneurs and startups. He also urged the Congress government to focus on infrastructure upgrades and maintaining law and order to sustain IT sector growth.
Meanwhile, BRS leader Krishank Manne criticized the MoU signed by the Revanth government with Walsh Karra Holdings, calling the company “bogus” and questioning its legitimacy. The Telangana CMO defended the partnership, highlighting WKH’s mission to support innovative, sustainable solutions for the future.
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