Hyderabad, Telangana: January 13, 2025. Telangana Chief Minister A. Revanth Reddy said that the state is fast emerging as the best destination for investments in India. The pro-business environment and comprehensive industrial policies of Telangana are fast attracting major national and international investments into the state. This further bolsters its stance as a formidable economy.
Re-Designing Telangana into a Strong Economy
Chief Minister K Chadrayya Reddy at his residence in Jubilee Hills held a review meeting with top brass of the Industries Department. He seemed pleased over the way the state fared in winning investments to the tune of Rs. 40,232 crore through MoUs concluded with it during the WEF last year in Davos.
Highlighting the achievement of Telangana, CM said that as many as 14 leading companies have come ready to invest in the state. Agreements for 18 projects signed. As many as 17 projects underway according to their opinion, including ten at final stages and seven in preliminary stages.
Chief Minister Kalvakuntla Chandrashekhar Rao quipped, “It seems the new industrial policy of the Telangana government is an attraction site for investors in India.”
The schemes, and the state development initiatives released during the inaugural year added significant strength to the economy of the state.
Hyderabad: City of the Future
He asked the officials to showcase Hyderabad as a future “Future City” internationally. “Hyderabad has turned into an investment hub, providing unmatched opportunities for companies within and outside the country,” he said.
Telangana’s policies have been so dynamic and located at a very strategic place, hence it’s one of the perfect destinations in front of any investor who’s seeking growth with stability.
Future International Tours
In an effort to enhance Telangana’s global footprint, the Chief Minister will undertake a six-day international tour this month. From January 16 to 19, he will visit Singapore, where he will sign agreements with Skill University and meet several companies to explore new investment opportunities.
The Chief Minister will be leaving for Davos to attend the World Economic Forum Annual Meeting between January 20 and 22. During the visit, the CM and his delegation, comprising IT Industries Minister Sridhar Babu and other senior officials, will meet industry leaders and attend conferences that would highlight Telangana’s industrial potential.
The officials have planned an appropriate time table for the Chief Minister to attend the sessions of the world business leaders in the tour. CM hoped that these sessions would help in further developing the economic scenario of Telangana.
A Vision for Growth
Chief Minister Revanth Reddy once more asserted that the pro-active stance of Telangana towards industrial development and the investor-friendly policies will attract all the major investments of the future.
He remained optimistic that Hyderabad would turn into a model for growth and innovative city in industries and infrastructure, he added.
Telangana’s success story is testimony that the state government was actually sincere in building an economic development-friendly environment and prosperity in the region, it can be said.
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