Telangana emerging as India’s investment hub: Deputy CM Bhatti unveils ₹1 Lakh Cr infrastructure push
Representatives from Deloitte, EY, KPMG, BCG, PwC, JLL and several other global firms took part in the meeting
By - Newsmeter Network |
Hyderabad: Telangana is emerging as one of India’s most preferred destinations for industry and global capital, Deputy Chief Minister Bhatti Vikramarka Mallu told top corporate leaders during a special interaction at Praja Bhavan on Friday.
Representatives from Deloitte, EY, KPMG, BCG, PwC, JLL and several other global firms took part in the meeting.
Telangana’s Growth Vision: $3 Trillion Economy by 2047
The Deputy Chief Minister said Telangana continues to be the fastest-growing state in the country and is steadily progressing toward the goal of becoming a 3 trillion-dollar economy by 2047.
He highlighted the state’s favourable climate, strategic location, and abundant pool of skilled, cost-effective human resources as key factors driving investor confidence. “No other state in the country offers an ecosystem like Telangana,” he said.
Strengthened Connectivity: ORR, RRR and 39 Radial Roads
Bhatti Vikramarka underscored that connectivity will expand significantly with the existing Outer Ring Road (ORR) and the ongoing Regional Ring Road (RRR) project.
Once completed, the RRR will link all major districts. Additionally, 39 radial roads between ORR and RRR are being planned, with multiple sector-specific industrial parks, IT, pharma, handloom, agro and others set to come up along these corridors.
Education, Tech and Digital Infrastructure already in place
Hyderabad is home to IIT, IIIT, several central universities, engineering colleges and top-tier research institutions, he said. The Deputy Chief Minister noted that Telangana has developed globally recognized IT and pharma hubs, supported by a robust digital infrastructure.
Assured Power, Water and Law & Order
The government is ensuring uninterrupted 24-hour power to industries and is preparing for future demand through a push toward green energy. With the Krishna and Godavari rivers serving as the state’s lifelines, Telangana faces no water scarcity, he added.
Bhatti Vikramarka also stated that Telangana Police is one of the best in India, especially in cybercrime management, giving international investors a sense of complete security.
Future City: 30,000 acres of Next-Gen Development
Bhatti also revealed that the state is developing a massive 30,000-acre “Future City” project equipped with a Skill University, international sports arenas, IT and AI centres.
All approvals have been cleared for the Greenfield Highway linking Future City to Bandar Port via Amaravati, a corridor expected to significantly boost industrial exports.
₹89,000 Crore road infrastructure push
Within two years of coming to power, the state has planned road development works worth Rs 89,000 crore, he said. Projects worth Rs 60,799 crore have already been sanctioned, while proposals worth another Rs 28,000 crore are under review.
“In total, nearly Rs 1 lakh crore will be invested exclusively in road development, including world-class 6-lane and 8-lane highways,” he added.
Appeal for Industry Partnership
The Deputy CM urged industry leaders to join hands with the government in the state’s growth journey. He expressed confidence that with collective participation, “Telangana Rising 2047” would be achieved successfully.
Senior officials including Finance Principal Secretary Sandeep Kumar Sultania, Energy Principal Secretary Naveen Mittal, Industries & IT Principal Secretary Jayesh Ranjan, Transco CMD Krishna Bhaskar, Singareni CMD N. Balram, and Industries & ITE&C Special Secretary Sanjay Kumar attended the meeting.