| Telangana Growth Story Book Launch |
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| World Trade Center Shamshabad - Future City - Genome Valley launched the report "Telangana's Growth Story: The Road to a $1 Trillion Economy," during the Telangana Global AI Summit 2024. Released by Telangana’s Hon'ble Chief Minister, Shri Revanth Reddy G, and Minister for IT, Sridhar Babu Duddilla, the report explores the transformative growth of Telangana, with a target of reaching a $1 trillion economy by 2036. |
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| The report outlines Telangana's remarkable progress, underscored by a GSDP of USD 176 billion in FY24 and a growing per capita income of USD 4,160. With a significant 67% of the population in the working-age group, Telangana has diversified into multiple sectors, establishing itself as one of India’s fastest-growing states. The IT and ITeS sector plays a pivotal role, contributing 15% of India’s IT exports, amounting to USD 29 billion, while aiming to double its exports to USD 60 billion by 2030. |
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| The report highlights key infrastructure projects that have transformed Telangana’s landscape, such as the 347-km Regional Ring Road, Hyderabad's Future City Net Zero District, and the Musi Riverfront Redevelopment. These visionary projects aim to boost industries like logistics, real estate, and manufacturing, while integrating advanced technologies and sustainability principles. |
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| Backed by statistics and data from credible sources, including the Telangana and Indian governments and reputable agencies, the report underscores Telangana's ongoing transformation into a tech hub. Emerging technologies, such as AI, cloud computing, and cybersecurity, are shaping its future, making the state a preferred destination for Global Capability Centers (GCCs) in healthcare, BFSI, life sciences, and more. |
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| The report was developed with contributions from WTC Shamshabad's team, in collaboration with KPMG India and industry experts. It serves as a roadmap for stakeholders to engage in Telangana’s growth journey, providing valuable insights into the region’s long-term economic potential. |
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| For those who haven't received a physical copy of the report, it can be accessed online |
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| World Trade Center Shamshabad |
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| 2nd Floor Kapil Kavuri Hub, Nanakramguda, Rangareddy District, Telangana 500032, India |
| Tel: +91 905 905 1954 | Email: info@wtcshamshabad.org |
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| Copyright by World Trade Center Shamshabad |
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