‘Come invest, innovate in TG’

State targeting $1-trillion economy by 2034 and $3 trillion by 2047

metro india news  I hyderabad

Irrigation, Food and Civil Supplies Minister N Uttam Kumar Reddy on Saturday invited global investors, entrepreneurs and technology leaders to partner with Telangana, saying the State was positioning itself as one of the world’s most competitive destinations for innovation-led, inclusive and sustainable growth.

Delivering the keynote address at the Global Business Excellence & Leadership Conclave 2026 in Hyderabad, Uttam Kumar Reddy said Telangana offered a powerful combination of skilled talent, world-class infrastructure, entrepreneurial energy and a government committed to facilitating investment with speed and transparency.

He said Telangana’s GSDP was estimated at around Rs 17.82 lakh crore in 2025-26, with nominal growth of 10.7 per cent, against the national growth rate of 8 per cent. Under Chief Minister A. Revanth Reddy’s Telangana Rising 2047 Vision, the State was aiming to become a $1-trillion economy by 2034 and a $3-trillion economy by 2047, he said. The strategy envisaged development through three interconnected economic regions — CURE, covering the core urban economy driven by technology and high-value industries; PURE, focusing on peri-urban manufacturing, logistics and infrastructure; and RARE, promoting agriculture, food processing and rural enterprise.

“Development must not remain confined to Hyderabad. It must reach every district, every town, every village and every family in Telangana,” Uttam said. Highlighting Hyderabad’s emergence as a global centre for IT, artificial intelligence, pharmaceuticals, biotechnology, life sciences and Global Capability Centres, the Minister said enormous investment opportunities were opening up in semiconductors, data centres, cybersecurity, aerospace, defence, electric mobility, clean energy and advanced manufacturing. Referring to his portfolios, Uttam said the convergence of water, agriculture, food security and industry offered another major investment opportunity. Telangana welcomed technologies involving satellite imagery, artificial intelligence, drones, sensors and predictive analytics for efficient water management.

He called for greater investment in food processing, cold chains, warehouses, agricultural logistics, packaging and exports, saying agricultural produce should increasingly be processed, branded and marketed from within Telangana to generate better returns for farmers and create rural employment.

The Minister also invited industries to look beyond Hyderabad to emerging centres such as Warangal, Karimnagar, Khammam, Nizamabad, Nalgonda and Mahabubnagar. Praising Dr. J.A. Chowdary and the International Startup Foundation for encouraging startups and rural innovators, Uttam said business excellence should ultimately be measured not merely by revenues and valuations but by livelihoods created and problems solved.

“Come to Telangana. Invest in Telangana. Innovate in Telangana,” he told business leaders, assuring them that the government would work as a transparent, professional and responsive long-term partner. Uttam said Telangana wanted investments that created employment, transferred knowledge, strengthened sustainable industries and improved people’s lives, making the State a place where solutions required by the world were “imagined, developed and delivered.”