REIMAGINING GROWTH: TELANGANA WITNESSES INVESTMENT BOOM SINCE DECEMBER 2023

Over Rs. 3.25 Lakh Crore
and Counting

Shri A. Revanth Reddy
Chief Minister of Telangana

Telangana’s investment evolution

Since December 7, 2023, the Chief Minister Shri A. Revanth Reddy has ensured that Telangana’s investment journey reflects a strategic pivot toward high-value, future-focused sectors. In the first half of 2024-25 itself, Telangana has seen a 33% growth in FDIs.

Starting with sub‑Rs. 1 lakh crore green projects and manufacturing units, the focus has now shifted to global capital via data centres, biotech, life sciences and defence. To drive this growth further, Telangana has also brought in a State-first Life Sciences policy.

Investment-ready
ecosystem

With skills-up initiatives and infrastructure development including airport expansion and thermal power completion, Telangana now draws global players such as BYD and the UAE funds. As of mid‑2025, Telangana is ready to surge into the future having firmly established itself as a high-growth, investment-ready ecosystem.

As data centres become the major focus area, new facilities and expansions are a natural growth outcome with MNCs such as Infosys, HCL and Wipro announcing their expansion plans in Hyderabad.

In the past few years, Telangana has emerged as a significant hub for electronics manufacturing in India. As of January 2025, the State is “home to around 260 electronics companies, marking a 3.97% increase from 2023”.

The State government has achieved over Rs. 3 lakh crore in investment inflows since December 2023, with jumping infrastructure funding and biotech, AI, fintech, defence and data-centre projects on the rise.

January-June 2024:
Green energy, data centres & MSMEs

The year began on a high note at WEF Davos 2024, where Telangana secured major deals. Adani Group inked four MOUs totalling Rs. 12,400 crore.

  • Rs. 5,000 crore for a green‑powered data centre
  • Rs. 5,000 crore for pumped storage projects
  • Rs. 1,400 crore for a cement plant
  • Rs. 1,000 crore for defence tech facilities

Around the same time, other investments worth Rs. 22,000 crore were announced, which included:

  • JSW Neo Energy’s Rs. 9,000 crore pumped storage venture
  • GODI India’s battery cell manufacturing
  • Web Werks data centres

The State kicked off plans for MSME clusters. By June, proposals worth nearly Rs. 50,000 crore were under consideration, with Rs. 40,000 crore tied to the Davos trip and Rs. 10,000 crore in post‑Davos follow-up.

Mid‑2024:
Industrial clearances & power infrastructure

In late 2024, Telangana’s TG‑iPASS system green‑lit 1,901 industrial projects, representing Rs. 12,626 crore in investment and potential jobs for 49,000 people.

  • Semiconductor firm Kaynes Semicon led the pack with Rs. 2,700 crore.
  • Construction was underway at the Telangana Super Thermal Power Plant (TSTPP) near Ramagundam. Its second 800 MW unit became operational in March 2024, adding to coal‑based capacity.

Late‑2024:
Skills, aviation & green energy policy

The last quarter of 2024 picked up pace with the launch of the Young India Skills University (YISU) in Hyderabad (a PPP initiative) in October 2024.

  • The YISU was backed by contributions of Rs. 100 crore from Adani and Rs. 7 crore from Redington.
  • By early 2025, curricula were being developed actively in areas such as logistics, healthcare, pharma and BFSI sectors.

Infrastructure investments surged as:

  • Rs. 205 crore was approved for Mamnoor (Warangal) airport land acquisition.

The government’s ambitious Green Power Policy brought in MoUs in the green energy sector.

  • Rs. 80,000 crore to Rs. 1,00,000 crore investments
  • Targetting 20 GW by 2030
  • Favouring solar, wind and floating solar setups

Blockbuster deals

While Telangana government secured investments worth Rs. 41,000 crore in World Economic Forum (WEF) 2024, by early 2025 – with its ‘TelanganaRising 2047’ vision – the State struck gold by sealing blockbuster deals to the tune of nearly Rs. 1.8 lakh crore at the World Economic Forum held in Davos, and a potential 49,500 jobs. Shri A. Revanth Reddy’s vision helped accomplish investment commitments such as:

  • Amazon Web Services (AWS) data centre project – Rs. 60,000 crore
  • Sun Petrochemicals pumped storage plans – Rs. 45,000 crore
  • Tillman Global Holdings – Rs. 15,000 crore
  • MEIL – Rs. 15,000 crore
  • Infosys – 17,000 jobs
  • HCL and Wipro – 5,000 each
  • JSW UAV MoU – Rs. 800 crore

With Rajiv Yuva Vikasam, Telangana is not just fighting unemployment — it is building an ecosystem of empowered, enterprising, and economically independent youth.

February-March 2025:
Biotech & EV entry

At BioAsia 2025 in February, Telangana unveiled India’s first Life Sciences Policy, facilitating

  • Rs. 5,445 crore in biotech MoUs
  • Potential job creation for 9,800 professionals

In March, chatter about global EV giant BYD surfaced. Enthusiasts reported a possible partnership with Olectra and joint EV/bus manufacturing plant near Hyderabad, signifying Telangana’s entry into advanced EV manufacturing.

April 2025:
Strategic Japanese alliances

Aiming to attract Japanese investments to Telangana, the high-powered TelanganaRising delegation led by Shri A. Revanth Reddy toured Japan for a week from April 16 to 22, 2025, forging strategic alliances (transformative agreements, MoUs, LoIs) with leading industry players across different sectors such as:

  • AI infrastructure
  • Transmission and distribution (T&D) manufacturing
  • Global talent mobility
  • Environmental conservation
  • Eco-friendly projects
  • Circular economy
  • Rejuvenation of water bodies
  • Clean energy cooperation

Investments from Japanese firms exceeded all expectations with Telangana clinching deals worth an impressive Rs. 12,062 crore, more than double of its target of Rs. 5,000 crore.

May - June 2025:
Renewed confidence & new jobs

As recently as early June 2025, the UAE‑based Shaiva Group and Taranis Capital committed initial funding across five local ventures:

  • Revelations Biotech
  • Manakin Bio
  • Yentra Tech
  • Exigent Drilling
  • Svobodha Infinity

Key highlights

  • Rs. 2,125 crore investments
  • An additional Rs. 24,000 crore planned over three years
  • Aim is to create 5,020 jobs
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