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New Delhi: The Telangana Rising Global Summit took place on December 8-9, 20205, in Bharat Future City, Hyderabad. Conceptualised under the leadership of Chief Minister A. Revanth Reddy, the summit saw participation from more than 1000 global delegates and upward of 500 companies.
The summit is part of the TelanganaRising 2047 program, a long-term "economic and governance vision" of the State, which is an ambitious, future-ready roadmap aligned with India's national growth aspirations.
As Telangana Chief Minister A. Revanth Reddy himself put it, “Telangana Rising Global Summit 2025 is Telangana's invitation to the world - to join hands with us in building a future-ready State, where innovation, investment and inclusive growth thrive together. Telangana welcomes the world to explore investment opportunities and experience our culture, creativity and confidence. This Summit reflects the spirit of a rising State and signals Telangana's readiness to partner with global investors and innovators. We are opening our doors to ideas, technology and transformative collaborations. Together, we will script a new era of prosperity for our people.”
Under the leadership of Chief Minister A. Revanth Reddy, Telangana is looking to become a $1 trillion economy by 2034 and a $3 trillion economy by 2047. Its aim is to reach this goal through intensive measures that include CURE (Core Urban Region Economy). This pertains to building a hub for high-value services, technology, innovation, and urban economic engines. This is to be compounded by PURE (Peri-Urban Region Economy) wherein a zone is to be built to drive large-scale manufacturing, industrial growth, and production infrastructure. Finally comes RARE (Rural and Agri Region Economy, the foundation for agriculture, food systems, and rural production-led prosperity.
Telangana in recent years has been making significant strides in realising its goals of economic glory. With skills-up initiatives and infrastructure development including airport expansion and thermal power completion, the state has become a key player when it comes to drawing global investment, which includes those from important global players such as BYD and the UAE funds. Data centres have also become a major focus area and new facilities and expansions are a natural growth outcome with MNCs such as Infosys, HCL and Wipro announcing their expansion plans in Hyderabad.
In this respect, the Telangana Rising Global Summit has been a huge success. As a result of the summit, Telangana has reportedly projected investments worth Rs 5.75 lakh crore.
The summit’s goal to position the state as an emerging global hub for the digital economy and advanced technologies looks to have worked. As a result, the summit drew some of the largest technology and infrastructure commitments. The signing commitments that took place mainly on the second day of the Summit, were heavily concentrated in massive, infrastructure-defining projects. The largest single commitments were unequivocally seen in the Data Centre and AI Infrastructure sector.
Technology: Infrakey Datacenter Parks led the charge, signing a landmark deal for the establishment of a 1 GW AI Datacenter with a staggering investment of Rs 70,000 Crore. This commitment alone represents one of the largest single technology investments in the region's history. AGIDC, Singapore, which committed Rs 67,500 Crore to set up a major IGW (International Gateway) Data Centre was another major success that came through as a result of the summit. This project is set to enhance Telangana's global digital connectivity and solidify its position as a key international data hub.
JCK Infra Projects Ltd committed Rs 9,000 Crore toward developing an integrated AI City / Township within the ambitious Bharat Future City blueprint. These projects now look to transform the AI landscape in the state, pitching it as a leader in the emerging technology across the country, with data centres being a key part of this program.
Manufacturing: It was not just technological or digital sectors that were seen to have been served well in the summit, but the manufacturing sector also saw some key deals go through. Zen Technologies for example pledged a significant investment of Rs 5,000 crore, likely aimed at expanding its capabilities in the defence and technology space. Biologicals E Ltd also announced a major expansion and R&D Hub project valued at Rs 4,000 crore. A significant push to the state's pharmaceutical and biotech prowess.
The Green Mobility and Electronics space also saw significant commitment come in. RCT (Germany) setting up manufacturing for BESS (Battery Energy Storage System) Containers with a Rs 2,500 Crore investment being a major part in this respect. Bharath Garuda’s commitment of Rs 2,100 Crore to a new Car Manufacturing project and the Confederation of Indian SC/ST Enterprises’ securing a collective investment of Rs 577.11 Crores to establish units across diverse sectors like Green Industrial Parks, Manufacturing, and IT/ITES was another major win. The latter is projected to create 2,500 jobs.
