Hyderabad: Telangana Chief Minister Revanth Reddy, speaking at the World Economic Forum (WEF) summit in Davos, proposed hosting an annual “mini Davos” forum follow-up conference in Hyderabad. He suggested holding it during July or August each year.
The Chief Minister argued that annual intervals between key investment and policy decisions were too long. He stressed the need for mid-year reviews every six months. The proposal received unanimous support from global business leaders and policy-makers present at the summit.
Presenting the state’s “Telangana Rising 2047” vision document, Revanth Reddy also announced plans to transform Hyderabad into a 24-hour operational city. He aims to achieve this through the rejuvenation of the Musi river and development of the 30,000-acre Bharat Future City.
As part of the event, the state officially launched the Telangana AI Innovation Hub (TAIH) and unveiled the Next-Gen Life Sciences Policy 2026–2030. The government has set a target of building a $250 billion life sciences economy by 2030.
Ministers Sridhar Babu and Ponguleti Srinivasa Reddy outlined new metro rail expansion plans and upcoming economic growth zones. Actor Chiranjeevi, who joined the Chief Minister at the summit dinner, was a key attraction at the event.
Revanth Reddy highlighted that the recent Telangana Rising Global Summit had already drawn ₹5.75 lakh crore in investment pledges. He also reiterated the state’s ambition to become a global hub.