Telangana Chief Minister A. Revanth Reddy, on the occasion of the state’s Formation Day, introduced a comprehensive vision to elevate the state’s economy to $3 trillion by the year 2047. Addressing a large audience in Secunderabad, he laid out the framework for long-term growth aimed at aligning with India’s 100th year of independence.
Describing the vision as bold yet achievable, Mr. Reddy said Telangana would pursue aggressive development across technology, green energy, agriculture, and infrastructure. The goal, he explained, is to transform the state into a national economic engine driven by innovation and equitable opportunity.
The state’s current economic size, estimated at $170 billion, requires significant scaling. To achieve the projected growth, the government will prioritize investment-friendly reforms, promote digital infrastructure, and create advanced manufacturing clusters. Focus will also be placed on strengthening exports and developing high-impact sectors like biotechnology and logistics.
The Chief Minister emphasized that growth would be people-centric. He outlined planned initiatives to support farmers, provide job-oriented training to youth, and extend entrepreneurial opportunities to women. He also mentioned that rural development, education reform, and health access would be critical components of this roadmap.
Mr. Reddy called upon the Union Government to extend support through increased fiscal cooperation and autonomy in key sectors. He added that Telangana would seek foreign partnerships, encourage global investments, and expand public-private collaborations to achieve its ambitious goals.
Economic analysts responded cautiously, highlighting the scale of the vision and the need for consistent implementation. While acknowledging Telangana’s progress in IT and urban development, experts said structural reforms and stable policy environments would be vital in maintaining high growth rates over the next two decades.
Industry leaders welcomed the announcement, with several trade bodies stating their intent to support the government’s plan through technology investments, infrastructure partnerships, and skill development projects.
Marking its 11th year since formation, Telangana now appears to be setting its sights firmly on the future. With a clear roadmap, government commitment, and the promise of collaborative growth, the state begins a new chapter—one that could redefine its role in India’s economic landscape by 2047.
