Hyderabad, Oct. 14: Telangana Chief Minister A. Revanth Reddy said the State’s Telangana Rising 2047 roadmap aligns with Prime Minister Narendra Modi’s vision of building a developed India by 2047.
Speaking at the inauguration of the Samakhya Business Summit 2026 at HITEX on Wednesday, Revanth Reddy said Telangana aims to become a $3 trillion economy by the centenary of Indian Independence.
He said the State targets a $1 trillion economy by 2034 and aims to increase its contribution to India’s GDP from around 5 per cent to 10 per cent.
Telangana Seeks Global Investment and Regional Growth
Revanth Reddy stressed that cooperation between the Centre and States would be essential to achieve the Viksit Bharat goal. He called for development efforts across political lines, saying politics should remain focused on election periods while stakeholders work together on economic progress.
The Chief Minister said Hyderabad should aspire to compete with global cities such as Tokyo and Singapore. He urged entrepreneurs to invest in Telangana and build businesses capable of competing internationally.
He outlined the State’s three-region development strategy: CURE, or Core Urban Region Economy; PURE, or Peri-Urban Region Economy; and RARE, or Rural Agriculture Region Economy. The framework aims to support sector-specific growth across urban, peri-urban and rural areas.
Revanth Reddy also praised Indian youth for competing globally in technology and space exploration. He urged business associations to help young people understand emerging commercial trends and learn from successful entrepreneurs.
The Chief Minister stressed the need to encourage women entrepreneurs and assured investors of government support.
The two-day Samakhya Business Summit 2026 is being organised by the Samakhya Chamber of Commerce.
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