Hyderabad: Telangana secured investment commitments worth Rs.5.75 lakh crore through the Telangana investment summit, Finance Minister Bhatti Vikramarka Mallu said in the budget speech for the financial year 2026-27.
Presenting the budget in the Telangana Legislative Assembly on Friday, Bhatti said that the Telangana investment summit resulted in nearly 100 MoUs with global investors and industry leaders. The government positioned the event as a major platform to promote the State as an investment destination.
Around 2,000 delegates attended the summit. These included policymakers, economists and global figures such as Nobel laureate Abhijit Banerjee and former UK Prime Minister Tony Blair. Leading industrialists from multiple sectors also participated.
The government said the investments covered life sciences, manufacturing, infrastructure and advanced technologies. These proposals are expected to generate large-scale employment and strengthen the economy.
A key development was the SAFRAN-CFM aircraft engine Maintenance, Repair and Overhaul facility in Hyderabad. The government described it as a major milestone for the aerospace sector.
Investments in the life sciences sector alone reached Rs.73,360 crore. These are expected to create one lakh direct jobs and 2.5 lakh indirect jobs. Additional commitments of Rs.1,03,500 crore are expected from Singapore, Vietnam and domestic firms.
Telangana investment summit drives sectoral expansion
The Telangana investment summit also introduced the Telangana Rising Vision-2047 document. This plan outlined long-term strategies for balanced and sustainable development.
The government proposed development under the CURE, PURE and RARE framework. These focus on services, manufacturing and agriculture respectively. The aim is to ensure balanced regional growth.
Hyderabad will be developed as a high-value services hub. Meanwhile, manufacturing will expand in peri-urban areas. Rural regions will see growth in agriculture and allied sectors.
The government also launched the Next-Gen Life Sciences Policy 2026-2030. This policy aims to position Telangana as a global hub in life sciences, artificial intelligence and advanced manufacturing.
Infrastructure projects were identified as key enablers. These include Bharat Future City, industrial corridors and improved transport networks. Such projects are expected to support industrial growth.
The Finance Minister said the State’s policies and governance attracted global investors. He added that ease of doing business and stability played a key role.
Overall, the Telangana investment summit was projected as a major growth driver. The government aims to convert these commitments into operational projects in the coming years.
Twitter Post: Telangana secured Rs.5.75 lakh crore investment commitments through its global summit, with MoUs across sectors expected to boost jobs, industry and economic growth.