Business Economy


Telangana Rising Global Summit: secures investment commitments worth ₹1.8 Lakh Cr on Day-1

Hyderabad, Dec 8 (UNI) The Telangana Rising Global Summit opened with unprecedented momentum, securing investment commitments worth around ₹1.88 lakh crore on Day 1. More than 35 major agreements were formalized, marking one of the largest single-day investment declarations in the state’s history and reinforcing Telangana’s long-term Vision 2047 strategy.
Led by Chief Minister A. Revanth Reddy and Industries Minister D. Sridhar Babu, the first day focussed heavily on Deep Tech, Green Energy, aerospace, and advanced manufacturing.
Officials said the investments were designed to generate high-value jobs and build future-ready industrial capacity across the state.
The largest commitment of the day came from the Brookfield–Axis Ventures consortium, which announced ₹75,000 crore for the development of the Bharat Future City, envisioned as a net-zero, global deep-tech hub.
Vin Group followed with ₹27,000 crore earmarked for next-generation renewable energy generation, advanced EV infrastructure, and smart urban planning.
SIDBI’s Fund of Funds confirmed a ₹1,000 crore injection of critical seed capital for local ventures. This was complemented by the World Trade Centre future city’s ₹1,000 crore commitment for a “walk-to-work” innovation hub.
Renewable Energy transition and Power security totalled about ₹39,700 crore.
Evren–Axis Energy committed ₹31,500 crore to large-scale solar and wind projects, while Hyderabad-based MEIL Group announced ₹8,000 crore for solar power plants, vital pumped-storage systems for grid stability and advanced EV projects.
Hyderabad’s aerospace and logistics ecosystem received a significant push with GMR Group formalizing a ₹15,000 crore expansion to strengthen aviation, MRO, and cargo infrastructure.
Defence manufacturers Apollo Microsystems and Solar Aerospace each signed ₹1,500 crore agreements for missile avionics, artillery systems, and aero-engine component production.
Additional logistics infrastructure commitments came from MPL (₹700 crore) and TVS ILP (₹200 crore).
The advanced manufacturing sector saw around ₹13,500 crore in agreements.
Electronics firms Renewsys, Midwest, and Akshat Greentech together pledged nearly ₹7,000 crore, while Sohhytech India announced ₹1,000 crore for distributed hydrogen technology.
Core industry commitments included ₹5,000 crore from Krishna Power Utilities for an integrated steel plant and close to ₹2,000 crore in agreements from cement manufacturers.
In the textile sector, Seetharam Spinners signed a ₹3,000 crore MOU, complemented by over ₹960 crore in commitments from the Solapur Telangana Textile Association and Genius Filters.
Chief Minister Revanth Reddy said the volume and quality of investments were a strong endorsement of the government’s governance model and long-term development vision, adding that the state would now shift its focus to execution to ensure job creation and infrastructure delivery.
Industries Minister Sridhar Babu described the MOUs as evidence of Telangana’s growing appeal to global capital and emphasized that the benefits would reach industrial clusters across all districts.
Special Chief Secretary (Industries & Commerce) Sanjay Kumar said the investments validated the Telangana Rising 2047 roadmap and assured that the government would expedite due diligence and project reports to convert commitments into rapid on-ground development.
The Telangana Rising Global Summit has been conceived as a platform to present the state’s plan to build CURE (Core Urban Region), PURE (Peri-Urban), and RARE (Rural & Agriculture) economic engines.
UNI KNR CDS
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