Business Economy


Telanngana draws inspiration from global Growth models: CM Revanth Reddy

Hyderabad, Dec 8 (UNI) Telangana Chief Minister A. Revanth Reddy said on Monday that after drawing inspiration from the development models of China, Japan, Germany, South Korea and Singapore, Telengana is now preparing to compete with them on the global stage.
Speaking at the Telangana Rising Global Summit here, the Chief Minister said the government has invited these nations to collaborate, invest and support the state in its “Telangana Rising” journey.
Stating that the goals are ambitious yet achievable, Revanth Reddy said Telangana aims to become a $1 trillion economy by 2034 and a $3 trillion economy by 2047. “We comprise 2.9 percent of India’s population but contribute around 5 percent to the national GDP. By 2047, our goal is to contribute 10 percent of India’s GDP,” he said.
Outlining the development strategy, he said Telangana plans to become India’s first state to be distinctly divided into three key zones — services, manufacturing and agriculture.
Citing the example of China’s Guangdong province, he noted that it has emerged as the largest provincial economy in the country and achieved remarkable growth within two decades. “We want to replicate that model in Telangana,” he said.
Revanth Reddy also said that while charting the roadmap for the future, the state continues to draw inspiration from iconic figures like Mahatma Gandhi and Dr. B.R. Ambedkar. “After 10 years, we are now trying to become India’s most developed state and one of the best in the world,” he said.
He said that following the Indian model of Constitution-making, the government has decided to deliberate thoroughly on framing the state’s long-term development path. “TelanganaRising is Unstopabble”, he added.
UNI KNR CDS
More News

22 Jan 2026 | 9:27 PM

Hyderabad, Jan 22 (UNI) Cyient, a global Intelligent Engineering Solutions company, on Thursday reported a robust set of numbers for the third quarter of FY26, underscoring steady execution and the impact of its strategic initiatives despite a challenging global macro environment.

see more..

Telangana AI innovation hub draws strong support at WEF 2026, signs key MoUs

22 Jan 2026 | 9:08 PM

Davos/Hyderabad, Jan 22 (UNI) Telangana’s push to emerge as a global AI hub received a major boost at the World Economic Forum (WEF) 2026 in Davos, as the Chief Minister A Revanth Reddy-led ‘Telangana Rising’ delegation signed key Memorandums of Understanding (MoUs) to strengthen AI skilling, healthcare innovation and startup opportunities.

see more..

Gold-loan NBFC assets seen crossing Rs 4 lakh crore by FY27: Crisil

22 Jan 2026 | 7:19 PM

New Delhi, Jan 22 (UNI) The Assets Under Management (AUM) of non-banking financial companies (NBFCs) focused on gold loans are projected to cross Rs 4 lakh crore by March 2027, driven by high gold prices, rising demand for secured credit, and regulatory streamlining, according to Crisil Ratings.

see more..

Stock market bounces back riding on positive global cues

22 Jan 2026 | 6:13 PM

New Delhi, Jan 22 (UNI) Indian stock market on Thursday witnessed a strong bounce-back supported by positive global cues.

see more..

Kamdhenu to expand colour coated sheet capacity by 20pc

22 Jan 2026 | 6:06 PM

Hyderabad, Jan 22 (UNI) Kamdhenu Limited, India’s largest manufacturer and seller of branded TMT bars in the retail segment, on Thursday announced plans to increase the manufacturing capacity of its branded colour coated sheets by 20 percent in Telangana over the next year, citing rising demand from the housing and infrastructure sectors.

see more..