Hyderabad, Dec. 10 -- The two-day Telangana Rising Global Summit that concluded at Bharat Future City on the outskirts of Hyderabad witnessed the state government signing memoranda of understanding (MoUs) with investors in various sectors for a cumulative investment commitment to the extent of Rs.5.30 lakh crore.

According to the official data, the state government received investment commitments worth Rs.2,43,000 crore on the first day on Monday, while it signed MoUs for additional commitments of Rs.2,96,495 crore on day-2 on Tuesday, covering sectors including IT, industries, power, pharma, data centres, urban infrastructure, tourism, sports, and agriculture.

The summit, held at Bharat Future City, was designed to position Telangana a...