Telangana sanctioned Rs.8 Crores for Global Entrepreneurship Summit

Hyderabad, Oct 14: The Telangana government has allocated Rs 8 crore for the logistics, accommodation, bookings and other arrangements to conduct the Global Entrepreneurship Summit from November 28 to 30.

While speaking at an event, IT and Industries secretary Jayesh Ranjan said, "For the upcoming GES, we have allocated Rs 8 crore to look after the logistics and other accommodation requirements of the chief guest and delegates. However, this does not include the beautification of city."

GES will be one of the biggest summits to be held in India and Hyderabad and Prime Minister Narendra Modi will inaugurate the event.

In addition, US President Donald Trump's daughter Ivanka Trump will be leading the delegation from the US. The summit with a theme of Women Entrepreneurship will see about 1,500 entrepreneurs, investors and speakers from across the globe participate.

The committees set up by the State government will look into aspects of city beautification, transportation, reception, media, and security, among others. A delegation from the US government and NITI Aayog will be visiting Hyderabad soon to review the arrangements.

The theme for this year's summit Women First, Prosperity for All will celebrate entrepreneurship in all its strength, diversity and entirety.

According to the statement, the four primary focus areas of GES 2017 are healthcare and life sciences, digital economy and financial technology, energy and infrastructure, and media and entertainment.