Telangana not waiting for future, but building it: Sridhar Babu

Hyderabad: Telangana is not waiting for the future but “actively building it,” said Minister for IT and Industries Duddilla Sridhar Babu, while inaugurating the Telangana Rising Global Summit 2025 on Monday.

He noted that every major policy step taken by the government is aligned with the long-term aspirations of future generations. Invoking the symbolism of the Phoenix, the Minister said the “Telangana Rising” vision aims to position the State as a global hub for innovation, human capital, sustainability and investment. At a time of global economic shifts, rapid technological change and climate uncertainties, Telangana intends to convert emerging challenges into opportunities, he said. Sridhar Babu outlined the State’s long-term target of contributing to India’s journey toward a $3-trillion economy by 2047. Despite its smaller geographical size and population compared with several other States, Telangana accounts for nearly 5 per cent of India’s GDP, he added.

According to official estimates, Telangana recorded a GSDP growth rate of 10.1 per cent in 2024–25, higher than the national average of 9.9 per cent. The State’s per-capita income reached Rs3.79 lakh, about 1.8 times the national average. The industrial and manufacturing sectors grew at 7.6 per cent, compared with the national average of 6.6 per cent, while the services sector registered 11.9 per cent growth, exceeding the national average of 10.7 per cent.