Telangana Secures Record ₹5.30L-cr Investments at Global Summit
Image Source: Internet
Telangana has made a significant mark on the global business map after securing a staggering ₹5.30 lakh crore in investments over the two-day Telangana Rising Global Summit. The summit, held at Bharat Future City on the outskirts of Hyderabad, aimed to position Telangana as a global hub for technology, clean energy, pharmaceuticals, sports infrastructure, and advanced manufacturing. The event saw the state government signing memoranda of understanding (MoUs) with investors, covering sectors such as IT, industries, power, pharma, data centres, urban infrastructure, tourism, sports, and agriculture. Key investments include ₹2,200 crore from Fertis India for a Food & Agri R&D Centre, ₹1,000 crore from Kaynes Technology for EMS manufacturing, and ₹1,100 crore from TWI Group for a manufacturing facility for the world's first plug-in hybrid motorbike. Reliance Consumer Products Ltd will establish a multi-product FMCG manufacturing hub with ₹1,500 crore in 100 acres, generating 1,000 jobs. The state has also seen significant investments from leading pharma and biotech majors, reaffirming Hyderabad's position as a global life sciences hub. These investments include ₹1,800 crore from Hetero Group for large-scale formulations manufacturing and ₹3,500 crore from Biological E Ltd for vaccines, CDMO, and R&D expansion. The state government has also signed MoUs with various IT giants to set up data centres, including JCK Infra Projects and Analog AI. Bollywood actor Ajay Devgn has committed to setting up a film studio at the Future City. The record-breaking investment flow is seen as a reflection of global confidence in Telangana's stable, transparent, and citizen-centric governance framework.