Hyderabad, July 15 (Maxim News): Telangana Chief Minister Revanth Reddy has unveiled a bold economic vision, announcing that the state is moving towards becoming a $1 trillion economy within the next decade. Speaking at the foundation stone laying ceremony of Ichor Biologics’ new facility in Genome Valley, Hyderabad, the Chief Minister highlighted the state’s growing prominence in the global pharmaceutical and biotechnology sectors.
“Hyderabad is now the bulk drug capital of the world. Nearly 33% of India’s vaccines and 43% of bulk drugs are manufactured right here,” Revanth Reddy said, addressing a gathering of industry leaders and biotech innovators.
He lauded the contributions of local entrepreneurs and industrialists, especially during the COVID-19 pandemic, when vaccines produced in Hyderabad’s Genome Valley were exported worldwide. “The credit for India’s vaccine diplomacy during the pandemic belongs to Hyderabad and the visionaries behind it,” he said.
Stable Policy, Global Aspirations
Revanth Reddy reaffirmed his government’s commitment to industrial growth by promoting stable, simplified, and forward-looking policies, regardless of political transitions. “Governments may change, but the vision for Telangana’s industrial progress remains constant,” he said.
The Chief Minister also noted that investments worth ₹3.28 lakh crore have been secured since the Congress government came to power. “This is just the beginning. We are working to bring global best practices and develop Telangana into a truly international investment destination,” he added.
Hyderabad: From Genome Valley to Data City
Revanth Reddy also emphasized that Hyderabad, already known as Genome Valley, is rapidly evolving into a “data city”, driven by innovation, AI, and high-end digital infrastructure. He called on biotech entrepreneurs to collaborate in shaping Telangana’s future.
“We are not just planning for economic growth—we are working towards transformational development,” the CM said. “With your partnership, we will reach our goal of making Telangana a one trillion dollar economy in the next 10 years.”
Call to Industry for Support
The Chief Minister concluded his address by appealing to industrialists in Genome Valley to align with the government’s mission and act as ambassadors of Telangana’s growth story. “Let us make Telangana a global powerhouse in life sciences, IT, and data economy,” he said.
Next Story:
Gold Rates Surged In Hyderabad On 15 April, 2026
The gold rates today surged in Hyderabad on 15 April, 2026. Going by the rates today, the price of 10 grams of 22-carat gold is Rs. 1,42,400 with a hike of Rs. 1,300 while the rate of 10 grams of 24-carat gold is at Rs 1,55,350 with hike of Rs. 1,420.
Man Murders Brother Over Family Dispute In Azampura
Hyderabad man murders brother in Azampura over family dispute. Police detain accused and begin investigation.
Telangana Delimitation to Increase Assembly And Lok Sabha Seats
Telangana delimitation Assembly seats increase to 182 and Lok Sabha seats to 26 with new reservations and changes.
Sridhar Babu Launches WE Hub’s First Center Of Excellence In Peddapalli
Empowering women entrepreneurs and nurturing youth innovation at the grassroots is crucial for building an inclusive and self-reliant Telangana: Shri D. Sridhar Babu Hyderabad/Peddapalli | 15 April 2026: In a significant step toward strengthening the entrepreneurial ecosystem in Telangana, WE Hub, the Government of Telangana’s nodal agency for promoting and supporting women entrepreneurs, has launched its first Center…
Pan Shop Theft Case: Mailardevpally Police Arrest Two Persons
Hyderabad, April 14 (Maxim News): Mailardevpally Police arrested two persons for allegedly breaking into a pan shop and committing theft. Here To Join Us On WhatsApp Police also recovered stolen property, tools, and a vehicle used in the offence. The case surfaced after complainant Sohail Pasha reported a break in at his pan shop. The…
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter, and Instagram. For all the latest Hyderabad News update
