Hyderabad, Sept. 24 -- In a major development poised to transform the industrial and agricultural landscape of Telangana, the state's Industrial Promotion Cabinet Sub-Committee has approved investments worth Rs 3,745 crore from three multinational companies, expected to generate direct employment for 1,518 people.

Deputy Chief Minister Bhatti Vikramarka Mallu, who chaired the high-level meeting at the Dr. B. R. Ambedkar Secretariat on Tuesday, said that Telangana is emerging as a preferred destination for global investors due to its proactive industrial policies and sector-specific incentives.

"Multinational companies are flocking to the state to invest on a large scale, creating employment for youth and giving incentives to farmers cul...