The two-day Telangana Rising Global Summit that kicked off at Bharat Future City on the outskirts of Hyderabad on Monday attracted investment pledges or MoUs worth Rs 1.8 lakh crore on the first day.
As many as 35 major agreements were signed, with the Brookfield-Axis Energy Ventures consortium inking the marquee MoU of Rs 75,000 crore toward building Bharat Future City, a net-zero urban ecosystem for global R&D. Other MoUs were signed in aerospace, defence and logistics (Rs 19,350 crore) and advanced manufacturing (Rs 13,500 crore).
Apart from this, Trump Media and Technology Group announced an investment of Rs 1,00,000 crore over the next 10 years, while the Adani Group promised an investment of Rs 2,500 crore in the next three years. The Apollo Group committed Rs 1,200 crore in the next few years.
The announcements were made by Eric Swider, director of Trump Media and Technology Group, Karan Adani from the Adani Group and Dr Shobana of the Apollo Group. As many as 154 delegates from 44 countries are participating in the summit.
Speaking at the event, Swider said, “The three reasons anyone invests are capital, creating meaningful impact, and the ability to make a difference. Investment is well received here because Telangana is a place on the rise, with clear vision from Chief Minister Revanth Reddy.”
The Adani Group is setting up a 48-megawatt cutting-edge AI green data centre in Telangana with an investment of Rs 2,500 crore, Karan Adani, Managing Director of Adani Ports & SEZ Ltd said while addressing the inaugural session. He said the group has already invested Rs 10,000 crore in infrastructure and manufacturing sectors in the state in the last three years.
Telangana recorded a GSDP growth of 10.1 percent in 2024-25, higher than the national average of 9.9 percent. The state’s per capita income reached Rs 3.79 lakh, about 1.8 times the national average. The industrial and manufacturing sectors grew at 7.6 percent compared with the national average of 6.6 percent, while the services sector registered 11.9 percent growth, exceeding the national average of 10.2 percent, Industries Minister D Sridhar Babu said at the event.
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Speaking at the inaugural plenary, Chief Minister A Revanth Reddy said, “Our people fought for decades for a separate Telangana state. In 2014, under the leadership of Sonia Gandhi and Prime Minister Dr Manmohan Singh, we achieved our dreams. Telangana became the country’s youngest state. Now we are trying to be the country’s most developed state and one of the best in the world.”
He added: “We asked experts to tell us what we can achieve by 2047, when India will celebrate its 100 years of Independence. This is how the dream of Telangana Rising 2047 was born…Today, as we begin our Global Summit, we feel fortunate that leaders from all sectors have come here. Business, corporates, policy, diplomats, government and experts…We (Telangana) want to become [a] one trillion-dollar economy by 2034, and three trillion-dollar economy by 2047.”
A developed Telangana will be divided into three zones for services, manufacturing and agriculture — Core Urban Region Economy, Peri Urban Region Economy and Rural Agriculture Region Economy, Reddy said. He compared Telangana to Guang-Dong province in China, which achieved the highest investment and growth in the world in just over 20 years, adding, “My state has taken inspiration from China, Japan, Germany, South Korea and Singapore.”
Nikhila Henry is an Assistant Editor at The Indian Express, based in Hyderabad. With a career spanning 17 years, she has established herself as an authoritative voice on South Indian affairs, specialising in the complex intersections of politics, education, and social justice.
Experience & Career: Nikhila commenced her journalism career in 2007 as an education correspondent for The Times of India in Hyderabad,where she gained recognition for her coverage of student politics. Her professional trajectory includes a four-year tenure at The Hindu, where she focused on minority affairs and social welfare. In 2019, she took on a leadership role as the South Bureau Chief for The Quint, where she directed regional coverage across all five South Indian states. Her expansive career also includes a tenure at the BBC in New Delhi and contributions to prestigious international outlets such as The Sunday Times (London) and HuffPost India.
Expertise & Focus Areas
Nikhila’s reportage is marked by a deep-seated understanding of grassroots movements and institutional policy. Her core focus areas include:
Regional Politics: Comprehensive analysis of the socio-political dynamics across South India.
Education & Student Movements: Chronicling the evolution of Indian academics and the rise of youth activism.
Minority Affairs: Rigorous reporting on the welfare, rights, and challenges facing marginalized communities.
National Beat: Elevating regional stories to national prominence through investigative and on-ground reporting.
Authoritativeness & Trust
A respected figure in Indian media, Nikhila is not only a seasoned reporter but also an accomplished author and editor. She authored the critically acclaimed book The Ferment: Youth Unrest in India and edited Caste is Not a Rumour, a collection of writings by Rohith Vemula. Her dual background in daily news reporting and long-form authorship allows her to provide readers with a nuanced, historically-informed perspective on contemporary Indian society.
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