Day 1 at Telangana Rising Global Summit: Over Rs 1 lakh crore MoUs signed in high-growth sectors

Hyderabad: The Telangana Rising Global Summit delivered an economic declaration on its opening day, formalising over 35 major agreements that totalled over Rs 1 lakh crore (approx. $22.6 billion) in investment commitments.

The government said that this record-breaking capital influx, secured across critical, future-ready sectors, unequivocally validates Telangana’s ‘Vision 2047’ and its accelerated path toward becoming a national economic powerhouse.

The successful first day, led by Chief Minister A Revanth Reddy and Industries Minister D Sridhar Babu, prioritised deep tech, green energy and strategic manufacturing, ensuring the investments are high-impact and future-proof.

Roadmap with over Rs 1 lakh crore influx

The investments are strategically segmented across core high-growth clusters, ensuring balanced, high-skill employment generation.

1. Deep Tech, Future City and Core Infrastructure (approx. Rs 1,04,000 crore)

This cornerstone investment cluster accounts for over half of the Day 1 total, focusing on next-generation urban and digital infrastructure:

- Global Deep Tech Innovation City: The landmark Rs 75,000 crore commitment from the Brookfield/Axis Ventures Pvt Ltd consortium was the marquee agreement. This fund is dedicated to developing the Bharat Future City, a Net-Zero urban ecosystem for global R&D, Deep Technology and high-value services.

- Sustainable Urban Development: Vin Group formalised its Rs 27,000 crore pledge toward integrated projects, covering next-generation Renewable Energy generation, advanced EV infrastructure and smart urban planning.

- Innovation Ecosystem: The SIDBI Startup Fund of Funds confirmed a Rs 1,000 crore injection of critical seed capital for local ventures. This was complemented by the World Trade Centre Future City’s Rs 1,000 crore commitment for a futuristic ‘Walk to Work’ innovation hub.

2. Renewable Energy Transition and Power Security (approx. Rs 39,700 crore)

Driving the shift towards energy independence and climate resilience with massive-scale projects:

- Solar and Wind Mega-Projects: The single largest energy deal came from Evren/Axis Energy with a commitment of Rs 31,500 crore, allocated entirely to scaling up Solar and Wind Energy projects, crucial for securing industrial power needs.

- Integrated Power and Mobility: The MEIL Group committed Rs 8,000 crore to a diversified portfolio including Solar Power Plants, vital Pumped Storage systems for grid stability and advanced EV projects.

3. Aerospace, Defence and Logistics Gateway (approx. Rs 19,350 crore)

Reinforcing Hyderabad’s position as India’s strategic Aerospace and Logistics gateway:

- Aviation and Logistics: GMR Group sealed its Rs 15,000 crore expansion for the Aerospace/Aviation sector, significantly boosting MRO (Maintenance, Repair and Overhaul) capabilities and cargo infrastructure.

- Precision Defence Manufacturing: The Defence segment secured nearly Rs 5,000 crore in MoUs, led by Apollo Microsystems Ltd (Rs 1,500 crore) and Solar Aerospace & Defence (Rs 1,500 crore) for the manufacturing of Defence and Artillery Systems, Avionics for Missiles and Aero Engine Structures.

- Supply Chain Infrastructure: MPL logistics hub (Rs 700 crore) and TVS ILP (Rs 200 crore) formalised pacts to develop large-scale warehousing and industrial parks.

4. Advanced Manufacturing and Core Industry (approx. Rs 13,500 crore)

Investments in high-value manufacturing that create quality, distributed industrial jobs:

- Electronics and Hydrogen: The electronics sector saw nearly Rs 7,000 crore in MoUs from Renewsys, Midwest and Akshat Greentech for PCB and specialised components. Sohhytech India added Rs 1,000 crore for Distributed Hydrogen technology.

- Core Industry and Steel: Krishna Power Utilities committed Rs 5,000 crore for an Integrated Steel Plant and cement majors like Ultra Bright Cements and Rain Cements added nearly Rs 2,000 crore.

- Textiles and Livelihoods: Seetharam Spinners committed Rs 3,000 crore for an Integrated Textile Unit, while the Solapur Telangana Textile Association and Genius Filters added over Rs 960 crore, boosting the power-loom and technical textile sectors.

CM guarantees the execution of projects

Speaking about the different projects that have been initiated, the CM said, “The Rs 1.88 lakh crore figure for Day 1 is an undeniable mandate for our progressive governance and our commitment to the 2047 vision. We are strategically focused on technology and sustainability. We are now pivoting entirely to execution, ensuring every rupee of this investment translates into high-quality jobs, world-class infrastructure and a future where Telangana leads India’s economic journey.”

Similarly, Minister Sridhar Babu expressed commitment towards seeing the projects to completion: “The sheer volume and strategic nature of these MOUs—from the Deep Tech to the Rs 3,000 crore textile unit—prove the stability and attractiveness of our industrial policy. We are committed to translating this global capital into local opportunity, guaranteeing that the benefits of the ‘Telangana Rising’ era are felt in every industrial cluster and across all districts.”

Sanjay Kumar, IAS, Special Chief Secretary, Industries and Commerce Dept. stated: “We enthusiastically welcome the massive commitments, which are a powerful validation of the Telangana Rising 2047 vision. The diverse investments across Deep Tech, Green Energy and Aerospace ensure our growth is high-impact and future-proof. Our government is now fully focused on accelerated execution, providing all necessary support for due diligence and the quick preparation of Detailed Project Reports (DPRs) to ensure this partnership translates rapidly from vision into a sustainable, modern reality for the people of Telangana.”

A platform for Telangana’s Vision 2047

The Telangana Rising Global Summit is designed to showcase the state’s 2047 roadmap—a plan focused on the CURE (Core Urban Region), PURE (Peri-Urban) and RARE (Rural and Agri) economic engines. The high volume of Day 1 MoUs signals the immediate and successful launch of this ambitious strategy, the government said.