Telangana government signs MoU with Eclat Health Solutions

HYDERABAD: Telangana government today said it has signed an MoU with US-based healthcare tech firm Eclat Health Solutions, which, according to the agreement, will invest $15 million in the state to provide 1,000 jobs.

A state government team led by IT Minister K T Rama Rao which is currently touring the US signed the MoU yesterday, an official release said.

Without disclosing details, the release also said the team signed another agreement with Genesis Pharmaceuticals Chairman Monif Matouk, and Safye Holdings CEO Afi Hasan.

According to the release, KTR met Deputy Governor of Illinois Tery Childress and Governor of Indianapolis Mike Pence.

State Principal Secretary, Industries, Commerce and Power Arvind Kumar, IT department Secretary Jayesh Ranjan are among the senior officials in the team accompanying the minister.