Hyderabad, Oct. 2: Telangana Chief Minister A. Revanth Reddy has invited industrialists to invest in the state, promising full government support and a personal guarantee for policy decisions ahead of the Invest Telangana Global Summit 2026. He said the government aims to position Hyderabad as a global city capable of competing with Dubai and other international business hubs.
The Chief Minister made the announcement on Thursday, October 29, at the summit’s curtain-raiser event in New Delhi. Union Commerce and Industry Minister Piyush Goyal attended the event as the chief guest.
Invest Telangana Global Summit 2026 to Boost Hyderabad’s Global Ambitions
Revanth Reddy urged investors to take advantage of Telangana’s security, business opportunities and favourable investment environment. He encouraged industrialists to increase their planned investments and assured them of the government’s cooperation.
“I have a request for investors. Decide on an amount you intend to invest in Telangana and double it. Double the growth rate and profits you expect from that investment as well. Tell me what you need from me to make this happen,” he said.
“I will act as the guardian of your investments,” the Chief Minister added.
The Invest Telangana Global Summit 2026 will be held at Bharat Future City on December 7, 8 and 9. State ministers, public representatives, foreign diplomatic mission representatives, Confederation of Indian Industry (CII) representatives and industry leaders attended the curtain-raiser event.
Telangana Targets $1 Trillion Economy by 2034
Revanth Reddy reiterated the government’s ambition to transform Telangana into a $1 trillion economy by 2034 and a $3 trillion economy by 2047.
He said the state had prepared a long-term development roadmap called Telangana Rising 2047, aligned with the national vision of Viksit Bharat 2047.
“If India becomes a 30 trillion USD economy by 2047, Telangana should account for 10 per cent of it. Currently, Telangana contributes 5 per cent of the country’s GDP,” he said.
The Chief Minister also outlined his ambition to make Hyderabad compete with leading global cities, including New York, London, Tokyo, Seoul and Dubai.
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The upcoming summit is expected to provide a platform for the state to engage with investors and industry leaders, showcase investment opportunities and advance its long-term economic development goals.
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