Bhatti says PPPs vital to achieve Telangana’s $3 trillion economy vision

Hyderabad: Deputy Chief Minister Bhatti Vikramarka on Tuesday said that PPPs in Telangana are essential for achieving the State’s $3 trillion economy target by 2047.

He made the remarks during a panel discussion titled “Innovative PPPs: Harnessing Private Capital Towards Public Goods” at the Telangana Rising Global Summit.

He noted that Telangana’s Gross State Domestic Product (GSDP) is now USD 200 billion. With a 37% investment rate, the State generates USD 70–75 billion annually. Yet, there remains a shortfall of USD 30 billion. This gap, he warned, is increasing rapidly.

PPPs to unlock urban and rural growth

To close this gap, PPPs will be used to drive development across urban, peri-urban, and rural zones. These areas are being targeted through the CURE, PURE, and RARE models.

Bhatti explained that PPPs allow private investment to fund metros, solar parks, and skill hubs. This lets the government redirect public funds toward human development and net-zero goals.

He also described Hyderabad as a “paradise for investors.” Telangana, he said, offers skilled labour, lower operational costs, strong law and order, and a responsive government. These conditions make it ideal for investment.

ORR presented as a working PPP model

To illustrate PPP success, Bhatti cited the Outer Ring Road (ORR) project. He said it proved how government vision and private capital can deliver real infrastructure.

Looking ahead, he said Telangana will strengthen its PPP framework through clear planning, transparent contracts, and balanced risk-sharing. If executed well, PPPs in Telangana will turn vision into results both in infrastructure and public welfare, he said.