Business Economy


Telangana emerging as global exports hub, says Sridhar Babu

Hyderabad, May 15 (UNI) Telangana IT and Industries Minister Duddilla Sridhar Babu on Friday said the state was making significant progress in engineering exports and that the government was working systematically to transform Telangana into a global exports hub.
The minister was speaking as the chief guest at the “48th The Engineering Export Promotion Council (EEPC) of India Southern Region Awards for Export” event organised at a private hotel in Begumpet.
Addressing the gathering, Sridhar Babu said the Telangana government was giving special emphasis to the development of industrial parks, electronics manufacturing clusters, logistics infrastructure, skilling ecosystems, and innovation networks in line with international standards and future industrial requirements.
He noted that India’s engineering exports had crossed a record USD116.67 billion during the 2024–25 financial year and accounted for 27 per cent of the country’s total merchandise exports. He stated that Telangana was playing a key role in driving the country’s engineering export growth.
According to the minister, Telangana’s contribution in sectors such as aerospace, defence, electronics, pharmaceuticals, and EV mobility was steadily increasing at the national level. He said the state’s engineering exports reaching US 7.5 billion during the last financial year reflected Telangana’s rapid industrial growth.
Sridhar Babu observed that manufacturing and technology could no longer be viewed separately and stressed that integration of both sectors was essential for becoming globally competitive in supply chains.
He stated that the government was working towards creating a strong ecosystem integrating artificial intelligence, automation, robotics, and digital manufacturing to strengthen the global presence of the “Made in Telangana” brand.
The minister also said the government had taken responsibility for creating a “ready-to-work” skilled workforce required for export-oriented industries. He invited industrialists to collaborate with the Telangana government and assured that efforts would be made to reopen the regional office of Engineering Export Promotion Council of India in Hyderabad.
Former NITI Aayog CEO B V R Subrahmanyam, along with EEPC India representatives Pankaj Chadha, Raman Raghu and Shashi Louis, attended the programme.
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