Telangana's Meteoric Rise: A Hub for Investment and Growth
Telangana Chief Minister A Revanth Reddy asserted the state's top position in attracting investments, managing inflation, and law and order. Emphasizing the state's economic vitality, he highlighted major investments, new job opportunities, and significant global engagements. Initiatives like 'Future City' and a robust entrepreneurial ecosystem are central to Telangana's vision.
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Telangana's assertive climb to the top of India's economic landscape was highlighted by Chief Minister A Revanth Reddy, who announced the state’s dominance in attracting investments and managing inflation. This emerged during the inauguration of Sonata Software's new facility.
Since the government took office in December 2023, Telangana has secured nearly Rs three lakh crore in investments, creating over one lakh private sector jobs. The state proved its mettle globally, securing investments of Rs 1.78 lakh crore at this year's Davos meeting, and maintaining a strong presence in international markets like the US, South Korea, Japan, and Singapore.
Hyderabad has become a central hub for Global Capability Centres and AI-ready data centres. The state is also spearheading initiatives like 'Rajiv Yuva Vikasam' to boost self-employment. Ambitious projects like building 'Future City' and hosting international events further underscore Telangana's vision of relentless growth and innovation.
(With inputs from agencies.)
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