Swachh Bio, Arcesium, and Trigyn Technologies Boost Telangana’s Job Market - News

Swachh Bio, a company specializing in lignocellulosic biofuels, is set to establish a new 250 KLPD second-generation cellulosic biofuels plant in Telangana. The firm will invest over INR 1,000 crore in the initial phase of the project. This is expected to generate 500 jobs, including 250 direct positions and 250 additional support roles. 

This announcement was made during a visit to the US by Chief Minister of Telengana A Revanth Reddy in a meeting with Praveen Paripati, Chairperson, Swachh Bio. Paripati praised the State Government’s vision of decentralized development and enthusiasm for contributing to the state’s growth.

In related news, Arcesium, a major provider of technology solutions for asset managers, has reached an agreement to expand its Hyderabad office. 

The expansion will involve hiring 500 high-end tech professionals over the next two years. This agreement aims to improve the company’s role in global data management and strategy. 

Trigyn Technologies Ltd has also announced the creation of an artificial intelligence (AI) innovation delivery center based in Hyderabad. This new center will employ over 1,000 people within three years. Reddy highlighted Telangana’s business-friendly environment during a roundtable event in New York that aimed at attracting further investment and showcasing the State’s readiness for business growth.