Telanana's Growth Story_WTC Shamshabad
Telangana, India's youngest state, is rapidly growing with a goal to become a $1 trillion economy by 2036. Leveraging its strengths in sectors like Pharmaceuticals, IT, and Aerospace, and driving innovation and infrastructure, the state is positioned as a key player in India's economic growth. Its focus on robust economic development, diverse cultural contributions, and significant export impact underscores its role in shaping the country's future.
It is my pleasure to introduce this landmark report as the Chief
Minister of the State of Telangana, outlining the journey of our
State to becoming a USD 1 trillion economy by 2036. Since its
birth, Telangana has rapidly transitioned into a region bustling
with economic activity, reflecting a brand of resiliency, innovation,
and strategic vision instrumental in achieving the desired growth.
The Mega Master Plan 2050 for Telangana portrays our clear,
ambitious vision to expand the growth of industry beyond the
urban limits of Hyderabad to every corner of the State, creating
new engines of growth in the semi-urban and rural clusters. To
achieve this vision, our commitment is to ensure a more supportive
investment environment which also nurtures high-value addition.
Of special mention in the report are the strategic initiatives being
undertaken to develop modern industrial infrastructure in the area
between the Outer Ring Road and the upcoming Regional Ring
Road, spanning core urban, semi-urban, and rural areas. The
approach gains significance from the objective of balanced
growth, ensuring that the benefits of our industrial expansions
reach every section of our society. The announcement of new
flagship projects such as the 'Future City' as the new fourth city
encompassing Pharma Villages, Advanced Technology
Manufacturing hubs, Skill University, Food Processing and Sports
Clusters promote decentralized regional development and
generate equitable opportunities for citizens from across the State.
I also take this opportunity to reiterate our focus on technology and
innovation as critical pillars in our development strategy. The rise
of Artificial Intelligence and other emerging technologies shall
bring the future to Telangana.
I would like to place on record my sincere appreciation for the
contributions of World Trade Center Shamshabad and KPMG in
the preparation of this thought leadership publication. I am
confident that through this report, we are laying the foundation for
the next leg of growth for the State of Telangana and are thereby
reaffirming our commitment to transparent, inclusive, and
sustainable development.
FOREWORD
Shri. Anumula
Revanth Reddy
The Hon’ble Chief Minister,
Government of Telangana
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