Revanth eyes $3-trillion economy by 2047 as Telangana bags big investments at global summit

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.

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.”

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