Revanth Reddy courts global investors for ‘future Telangana’
CM showcases transformative mega-projects, promises investor-friendly reforms and $1-trillion economy push, winning strong endorsements at USISPF conclave
image for illustrative purpose
Hyderabad: Telangana offers extraordinary opportunities to global investors, said Chief Minister A Revanth Reddy on Thursday. Addressing the annual conclave of the US-India Strategic Partnership Forum in New Delhi, he made a strong pitch for investment in Telangana and Hyderabad.
He told the participants that Hyderabad is located centrally, has no major security risks, has great weather, and a world-class infrastructure. “We are the gateway to entire Indian market, and major destination for Global Capability Centres. Come and invest in my state,” Chief Minister Revanth Reddy said.
The CM further stated his vision of transforming Telangana into a $1-trn economy by 2034. According to CMO, his pitch for major investments in Telangana as part of his $1 trillion state economy vision by 2034 and $3 trillion SGDP by 2047 found great support and applause.
Dr. Mukesh Aghi, CEO and President, USISPF, said that in response to the invitation by CM Reddy, most of the members will try to attend the TelanganaRising Global Summit being oranised by the state on December 8 and 9 in Hyderabad to unveil and showcase the comprehensive vision for the state.
Listing the achievements of the Congress government in the last 23 months, Chief Minister Reddy said his biggest focus for the future includes economic empowerment of women, best education and skills and urban development, in particular making Hyderabad a truly world-class city, with best amenities and highest quality of living.”
Inviting top global academic institutions, Chief Minister Reddy said, “Once Harvard, Stanford or Oxford sets up an offshore campus in Hyderabad, many students from the Global South can attend these ivy league programs because of easier visa rules and lower costs.”
Pitching top projects like Bharat Future City and River Musi rejuvenation, he said, “Bharat Future City will be India’s most developed, world-class city, in 30,000 acres. After rejuvenation, the Musi riverfront will match the experience of London, Tokyo, Dubai or Seoul. It will add night economy cycle for the city.”
Besides explaining the projects to create a dry port and expansion of Hyderabad Metro Rail, Regional Ring Road (RRR) and radial roads, and manufacturing zone between RRR and Outer Ring Road (ORR), Chief Minister Reddy said that Telangana is aiming to becoming the global answer to the China +1 alternative.
