Telangana's Successful Davos Visit Brings Massive Investments
Hyderabad: Telangana Chief Minister A. Revanth Reddy and the Telangana Rising delegation concluded a highly productive trip to Davos, securing investments worth ₹1,78,950 crore. The visit marked a significant milestone for the state’s development.
Major Investments Across Sectors
Some of the biggest investments include ₹60,000 crore from Amazon Web Services (AWS), ₹45,500 crore from Sun Petrochemicals, ₹15,000 crore each from Tillman Global Holdings and Megha Engineering. These investments reflect the state’s growing appeal to global businesses.
Job Creation by Software Giants
Top software companies also announced plans to create thousands of jobs in Hyderabad. Infosys committed to generating 17,000 jobs, while HCL and Wipro promised 5,000 jobs each. These decisions will provide a major boost to employment in the city, particularly in high-tech sectors.
Growth in Data Centres and Cutting-Edge Industries
Data centres emerged as a key focus area during the trip. Companies such as Amazon, Tillman, CtrlS, and Sify announced new facilities and expansions. Additionally, Telangana made strides in advanced sectors like solar cells, rocket manufacturing, aircraft interiors, and UAV production. Defence investments, including one by Jindal, were also major successes.
Private Industrial Parks and Agriculture Innovations
The delegation secured significant investments in private industrial parks. Ramky Group pledged to invest in integrated industrial parks, dry ports, and townships, while the MTS Group also announced plans for development. In agriculture-related industries, Unilever agreed to establish two manufacturing units, showcasing the state’s potential in this sector. Green energy and pump storage projects also emerged as areas with rapid growth potential.
CM's Vision for Telangana Rising 2050
Chief Minister Revanth Reddy outlined his vision for “Telangana Rising 2050” to global investors and policymakers, receiving widespread support. He emphasized the state’s plans to expand in areas like data centres, green energy, food processing, electric vehicles, and semiconductors. Highlighting the need for a “China Plus One” strategy post-COVID, he positioned Telangana as a viable alternative in global supply chains.
Strategy for a $1 Trillion Economy
The CM explained his plan to make Telangana a $1 trillion SGDP (State Gross Domestic Product) economy. This includes clustering development into three zones: urban areas within the Outer Ring Road (ORR) for services, the area between the ORR and the upcoming Regional Ring Road (RRR) for manufacturing, and rural zones outside the RRR for agriculture and food processing.
Focus on Infrastructure and Sustainability
Speaking at events on Urban Mobility, Circular Spaces, and National Strategies, the CM highlighted key projects such as Metro Rail expansion, Regional Ring Railway, Radial Roads, new airports, Musi River rejuvenation, Electric Vehicle (EV) promotion, and the establishment of a Skills University. He emphasized that Telangana’s growth is aimed at improving infrastructure, mobility, and sustainability.
Message to Investors: Telangana Means Business
CM Revanth Reddy concluded by stating, “Telangana means business.” He stressed that while the state is focused on attracting global investments, the ultimate goal is to create jobs, improve incomes, and provide better opportunities and welfare for the people of Telangana.
