Telangana Government, Eclat Health Solutions signed MoU to invest $15 million

May 25, 2016 16:33 IST

The Government of Telangana and the US-based healthcare tech firm Eclat Health Solutions on 24 May 2016 signed a Memorandum of Understanding (MoU).

Under the MoU, the Eclat will invest 15 million US dollars in Tier II cities of Telangana.

Besides, another agreement was signed between the Government and Monif Matouk, Chairman, Genesis Pharmaceuticals and Afi Hasan, CEO Safye Holdings.

The MoUs were signed in Indianapolis, the USA in the presence of Telangana IT and Industries Minister K T Rama Rao.

He is on a 2-week trip to the USA to attract investments into the State.

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