CM Revanth Reddy: Telangana Rising Global Summit signals state’s unstoppable growth

LatestPoliticsTelangana
By HNH Web Desk
Telangana Rising Global Summit - Revanth Reddy

Hyderabad: Chief Minister A. Revanth Reddy declared that the Telangana Rising Global Summit represents the unstoppable momentum of the state’s growth. He called on global investors and dignitaries to actively participate in Telangana’s development journey.

Speaking at the summit’s opening at Bharat Future City in Rangareddy district on Monday, Revanth Reddy said Telangana, as India’s youngest state, is full of opportunity and vision. He outlined the government’s ambition to achieve a $1 trillion economy by 2034 and a $3 trillion economy by 2047.

Telangana aims for 10% contribution to national GDP

“Though Telangana holds only 2.9% of the country’s population, we currently contribute nearly 5% to India’s GDP. By 2047, we aim to push this share to 10%,” the Chief Minister said.

He explained Telangana’s three-pronged development strategy under the CURE, PURE, and RARE model focusing on services, manufacturing, and agriculture. Revanth Reddy described this zoning approach as a unique structural advantage that positions the state for balanced economic growth.

Telangana Rising Global Summit

Referencing Guangdong province in China, the Chief Minister said Telangana is looking to replicate its economic success. “Guangdong became China’s leading provincial economy through sustained investment. Telangana is on a similar path,” he said.

Revanth also noted that the state is studying models from countries like China, Japan, Germany, South Korea, and Singapore. “We are ready to compete globally. Telangana is open to investment, partnership, and collaboration,” he told the summit delegates.

The Chief Minister concluded by affirming that while the vision behind TelanganaRising may seem ambitious, the government is confident it can deliver on its goals with international cooperation.

 

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