Telangana Targets $1 Trillion Economy By 2034 At Global Summit

The Telangana Rising Global Summit opened with a forward-looking economic vision unveiled by Chief Minister A Revanth Reddy. The two-day event, held at the planned Bharat Future City, brought together global leaders to shape a long-term roadmap for the state’s economic expansion and position it as a major growth engine in India.

Ambitious Long-Term Economic Vision

The Chief Minister outlined a strategy aimed at making Telangana a $1 trillion economy by 2034 and a $3 trillion economy by 2047. The plan seeks to double the state’s contribution to India’s GDP from 5 per cent to 10 per cent. This roadmap, titled Telangana Rising 2047, was developed in consultation with citizens, government departments, academic institutions, and policy bodies.

Global Participation At The Summit

The summit drew about 2,000 delegates, including 154 international representatives from 44 countries. Notable attendees included Nobel laureates and senior figures from international organisations and multinational corporations. The discussions centred on investment opportunities, sustainable growth, and innovation-driven development.

Bharat Future City As The Growth Hub

The venue itself highlighted the government’s focus on futuristic urban planning. Bharat Future City is envisioned as a 30,000-acre net-zero township with specialised clusters for technology, education, healthcare, and advanced manufacturing. Its proposed connectivity upgrades, including a 40 km Metro extension, aim to position the city as a global investment magnet.

Exam Oriented Facts

• Telangana aims for a $1 trillion economy by 2034 and $3 trillion by 2047.
• About 2,000 delegates from 44 countries attended the global summit.
• The state adopted three economic zones: CURE, PURE, and RARE.
• Bharat Future City is planned as a 30,000-acre net-zero urban hub.

Three-Zone Economic Strategy

The new development model divides the state into CURE for high-value services, PURE for organised manufacturing, and RARE for agriculture and agro-processing. Inspired by successful global economic regions, this structure aims to accelerate targeted sectoral growth. International investors were invited to collaborate in realising Telangana’s long-term ambitions.