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.
Mr. John E. Drew
Chairman,
World Trade Centers
Association
Telangana’s Growth Story 2024 | 07
Amidst the rapidly accelerating growth of the Indian market in
recent years, the World Trade Centers Association (WTCA) has
been delighted to welcome the World Trade Center Shamshabad
into our membership fold. The rocket-like growth of the Indian
market is sometimes hard to grasp, but having this group in our
community has consistently helped WTCA members around the
world gain insight from their deep knowledge of the market.
This publication exemplifies the focus on economic understanding
from the WTC Shamshabad, diving deep into the economic
situation of the Indian State of Telangana, the youngest State in
India and still early in its industrial growth cycle. I salute the team's
choice to boldly encourage the Telangana market with economic
growth goals.
Most regions cannot grow organically unless their businesses grow
internationally. This is why we are pleased that the Telangana
market has embarked on this partnership with the World Trade
Centers Association in recent years. At the WTCA — a network of
more than 300 highly connected, mutually supporting businesses
and organizations in nearly 100 countries — we believe that global
trade is a foundational, bridge-building force that creates bonds,
accelerates business growth and prosperity, and strengthens the
international community. As high-growth States like Telangana
rise in the global marketplace, World Trade Center networks
benefit businesses, including small- and mid-sized businesses,
providing opportunities for economic prosperity.
WTC Shamshabad and WTC Future City are in a unique position
as the leading organizations that can provide business
matchmaking across all industries and sectors on a global level,
not only throughout our vibrant network of WTC leaders, but also
through leveraging the latest trade services education, global
business events, and technology.
Artificial intelligence (AI), for instance, is a technology transforming
industries worldwide, and global trade is no exception. From
strategic planning and data analysis to operational efficiency, AI is
becoming essential for companies aiming to compete and succeed
in international markets. With the aid of the WTCA network, its
access to sophisticated technology and ongoing education, this
team will undoubtedly be a significant player in achieving the
ambitious goals for a prosperous Telangana in the years ahead.
Congratulations to the World Trade Center Shamshabad for this
valuable piece of research. We look forward to celebrating and
supporting your achievement of this success in the years to come.
FOREWORD
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80