Telangana Becoming an Industrial Hub
Telangana is rapidly growing as an industrial hub, attracting huge investments. According to TPCC spokesperson Vedire Yogeshwar Reddy, the state has secured ₹50,000 crore in investments within just two months of the Congress government taking office. Over the past 15 months, Telangana has received investments worth ₹1.83 lakh crore through various agreements.
These investments are creating significant job opportunities. So far, 70,000 direct jobs and 1.5 lakh indirect jobs have been generated. Many national and international companies are showing interest in Telangana, further strengthening its position as an industrial destination.
Reddy credited this success to the leadership of Chief Minister A. Revanth Reddy and IT and Industry Minister D. Sridhar Babu. He stated that, unlike previous governments that increased the state’s debt, the current administration is focusing on job creation and industrial growth.
To boost development further, the government is planning to set up a ‘Future City’ near Hyderabad. This project will include India’s largest Skill University, world-class infrastructure for industries, and more employment opportunities for young people.
Several multinational companies, such as Amazon Web Services, JSW Limited, Global Holdings, Lenskart, Skyroot Aerospace, and Singareni Collieries, have already committed to investing in Telangana. Reddy emphasized that the state is moving towards becoming a “Trillion-Dollar Economy.”
