The St. Louis Regional Chamber announced that it has forged an important trade, educational and business partnership between St. Louis and the State of Telangana, India’s leading state for technology, biosciences, entrepreneurship and aviation. This relationship, which the Chamber says is unprecedented, is the result of a recent mission trip to Hyderabad, India by local leaders from the St. Louis Regional Chamber, the Missouri Partnership, T-REX, BioSTL, GlobalSTL, University of Missouri-St. Louis (UMSL) and Webster University.
The partnership agreement ensures:
- Telangana State’s startup incubator, T-Hub, will establish its midwestern US office in T-REX in Downtown St. Louis and bring jobs here. T-Hub is India’s largest new business incubator focusing on cyber security, information, financial and agricultural technology startups, with over 500+ startups involved.
- St. Louis-based startups will now have access to investment, manufacturing contacts and growth opportunities in India, the world’s fastest growing economy.
- St. Louis and Telangana will work together to foster trade, investment and joint-venture opportunities for existing St. Louis companies, such as Wells Fargo Advisors, Emerson and Monsanto.
- The Chamber will explore the feasibility of establishing a satellite office in Hyderabad, Telengana to promote two-way trade and investment.
- India’s largest university, Osmania University, home to over 400,000 students, will explore options to establish partnerships with UMSL and Webster University.
For more information, view the full article from EQ here.