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REIMAGINING GROWTH: TELANGANA WITNESSES INVESTMENT BOOM SINCE DECEMBER 2023

Over Rs. 92,50,00,00,00,000
and Counting

Sri A. Revanth Reddy
Chief Minister of Telangana

Telangana’s investment evolution

Since December 7, 2023, the Chief Minister Sri 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

The Telangana government secured investments worth Rs. 41,000 crore at the World Economic Forum (WEF) in 2024. By early 2025, the State moved to a new level with its ‘Telangana Rising 2047’ vision.

At the WEF in Davos, Telangana struck blockbuster deals worth nearly Rs. 1.8 lakh crore. These investments come with a potential 49,500 jobs. This dramatic rise was driven by the vision of Chief Minister A. Revanth Reddy whose able leadership helped the State secure major 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

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 Sri 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

July - August 2025:
Hyderabad emerges as a GCC powerhouse

Revanth Reddy’s “services-only city” plan for Hyderabad is reshaping the capital into a GCC hub while shifting manufacturing between the ORR-RRR corridor. Highlights:

Retail & E-commerce

  • Costco (Jul): 1,000-job GCC for retail-tech & supply-chain analytics.
  • Coupang (Aug): Korean e-commerce major set up a tech hub, driving logistics AI.
  • Apple (Jul): Expanded WaveRock campus, boosting engineering & operations.

Pharma, MedTech & Biotech

  • Eli Lilly (Aug): Innovation Centre; 1,500 hires planned.
  • Agilent (Aug): New life-sciences R&D centre.
  • Shaiva Group & Taranis Capital (Jun-Aug): Rs. 2,125 crore in biotech/medtech startups like Revelations Biotech & Manakin Bio.

Fintech & Insurtech

  • Dai-ichi Life (Aug): First overseas GCC; scaling from 50 to 600 staff.
  • Deutsche Börse (Aug): Capital-markets GCC for AI, cloud, cybersecurity.
  • Wise (Jul): Fintech unicorn opened a cross-border payments tech hub.

Pharma, MedTech & Biotech

  • Daikin (Aug): GCC with EY, driving industrial IoT & product digitisation.
  • Exigent Drilling & Svobodha Infinity (Jun-Aug, via Shaiva/Taranis): Advanced manufacturing ventures.

Collectively, these GCCs and investments cement Hyderabad’s global brand, create thousands of jobs, and align with Revanth’s balanced development model linking urban services with rural industry.

September - October 2025

Telangana’s industrial upswing continues

Telangana’s investment climate continued to show strong momentum through September and October 2025, with key global and domestic companies committing large-scale projects across manufacturing, beverages, aerospace, and life sciences.

Economic momentum & outlook

  • Across these two months, over Rs. 6,600 crore committed across high-growth sectors.
  • Strong job creation in advanced manufacturing, life sciences, aerospace and clean energy.
  • Investments align with Telangana’s push for industrial decentralisation and global competitiveness ahead of 2030.

Manufacturing & Industrial Sector

  • Hindustan Coca-Cola Beverages (Sept. 24): Rs. 2,398 crore advanced beverage plant; ~600 jobs; strengthens food & drinks supply chain.
  • JSW UAV Ltd (Sept. 24): Rs. 785 crore drone manufacturing facility in Maheshwaram; ~364 jobs; boosts aerospace ecosystem.
  • Toshiba T&D Systems (Sept. 24): Rs. 562 crore expansion adding GIS & power components manufacturing; ~554 jobs planned.

Pharma & Life Sciences

  • Eli Lilly (Oct.): Rs. 9,300 crore investment to build a biopharma manufacturing and quality hub in Hyderabad; major high-skill hiring expected.
  • Corning & SGD Pharma (Late Sept.): Rs. 530 crore pharma-glass packaging facility; supports Hyderabad’s bulk-drug & vaccine industries.

Electronics & Energy Tech

  • Tata Technologies (Late Sept.): Rs. 2,380 crore Telangana-wide skilling initiative; 65 Advanced Technology Centres (ATCs) launched to power ‘Industry 4.0’ job creation.
  • Southwest Airlines (Late Oct.): Chief Minister A. Revanth Reddy’s meeting with U.S.-based Southwest Airlines top leadership lands big aviation project; airlines to set up its global innovation centre in Hyderabad; huge push to the aviation sector & job creation.

November 2025

Hyderabad turns global magnet

Hyderabad is on a global roll, literally! November saw a flurry of major international firms staking their claim in the city, underscoring its ascendance as a top destination for innovation, tech, finance, and aerospace.

Vanguard

The global investment management company launched its GCC in Hyderabad on November 4, 2025, reinforcing the city’s reputation as a hub for fintech, data engineering, and digital services.

Marriott Tech Accelerator

On November 3, 2025, Marriott officially inaugurated its first global tech-centre in Hyderabad to drive its worldwide operations. The company officially confirmed plans to establish Marriott Tech Accelerator, its first GCC, in Hyderabad in October 2025.

Netflix

The global streaming giant leased 41,000 sq. ft. at HITEC City, officially marking its Hyderabad office on November 3, 2025, and expanding its India footprint into the South.

Deutsche Börse

After inaugurating its Global Capability Centre (GCC) in Hyderabad on August 21, 2025, Deutsche Börse opened a second centre, its Global Value Centre (GVC), on November 4, 2025. The company is slated to create 1,000 jobs and power global financial-market infrastructure.

Mattel

Mattel chose Hyderabad as its base for global support operations by opening a Global Capability Centre on November 13, 2025, in HITEC City, with a focus on digital transformation, data analytics, supply chain operations, and AI-driven innovations for its global business.

L’Oréal

The company announced its plans to set up one of its biggest global tech and innovation capability centres in Hyderabad, expanding its global operations footprint.

OSF Digital

A global digital transformation company, OSF Digital opened its first Global Capability Centre in India at Raheja Mindspace IT Park, HITEC City, on November 25, 2025, marking a major global delivery expansion. The Hyderabad centre strengthens OSF Digital’s worldwide capabilities, positioning the city as a key hub for its cloud, AI, and digital transformation services.

December 2025

Telangana’s biggest MoUs and investment moves

December was a busy month for Telangana’s investment push. The two-day Telangana Rising Global Summit, held on December 8 & 9 at Bharat Future City in Mucherla, brought big companies, big ideas, and big numbers into one place. In two days, the State secured commitments worth Rs. 5.75 lakh crore in investment proposals and MoUs. The focus was clearly on AI, clean energy, manufacturing, data centres, and job creation. The momentum didn’t stop with the summit and continued long after the event ended too.

What made December stand out was the range of interest Telangana attracted. From Bharat Future City plans to renewables, aerospace, electronics and healthcare, the announcements covered multiple sectors. Some companies signed MoUs, some planned expansions, and others came in with fresh proposals. The month ended with Telangana looking all ready to scale up – surpassing expectations, breaking boundaries, and chasing new targets.

Telangana in December 2025: Investments, MoUs & Expansions

Brookfield + Axis Ventures Pvt. Ltd. consortium
  • Type: MoU / Investment commitment
  • Amount: Rs. 75,000 crore
  • Project: Bharat Future City core infrastructure / Net-Zero urban ecosystem
Evren + Axis Energy
  • Type: Investment commitment
  • Amount: Rs. 31,500 crore
  • Project: Solar + wind energy projects
MEIL Group
  • Type: Investment commitment
  • Amount: Rs. 8,000 crore
  • Project: Solar power, pumped storage and EV projects
GMR Group
  • Type: Expansion plan
  • Amount: Rs. 15,000 crore
  • Project: Aviation, cargo, MRO and logistics ecosystem
Apollo Microsystems
  • Type: Investment commitment
  • Amount: Rs. 1,500 crore
  • Sector: Defence / manufacturing
Solar Aerospace and Defence
  • Type: Investment commitment
  • Amount: Rs. 1,500 crore
  • Sector: Aerospace / defence manufacturing
Renewsys + Midwest + Akshat Greentech
  • Type: Investments (combined)
  • Amount: ~Rs. 7,000 crore
  • Sector: PCB and specialised components / electronics
Sohhytech India
  • Type: Investment commitment
  • Amount: Rs. 1,000 crore
  • Sector: Hydrogen / clean tech
Vin Group (Vietnam)
  • Type: Investment pledge
  • Amount: Rs. 27,000 crore
  • Project: Integrated sustainable smart development projects
Adani Ports & SEZ (APSEZ)
  • Type: Investment commitment
  • Amount: Rs. 2,500 crore
  • Project: 48 MW green data centre in Telangana
Apollo Hospitals Group
  • Type: Investment commitment
  • Amount: Rs. 1,700 crore (over 3 years)
  • Project: Proton Centre + innovation centre
Aurobindo Pharma
  • Type: Proposed expansion investment
  • Amount: Rs. 2,000 crore
  • Focus: Complex generics + injectables + biosimilars/biologics; job creation
Godrej Agrovet / Creamline Dairy (Godrej Industries Group)
  • Type: MoU / Investment plan
  • Amount: Rs. 150 crore
  • Project: Expansion in Telangana (Creamline Dairy)
Krishna Power Utilities
  • Type: Investment commitment
  • Amount: Rs. 5,000 crore
  • Project: Integrated steel plant
Seetharam Spinners
  • Type: Investment commitment
  • Amount: Rs. 3,000 crore
  • Project: Integrated textile unit

Big-ticket themes in December

  • Bharat Future City / Net-Zero urban development
  • Renewable energy & power security
  • Aerospace + aviation MRO + logistics
  • Electronics manufacturing (PCB/components)
  • Data centres & green compute
  • Health infrastructure + innovation

Taken together, December’s timeline shows that Telangana is building a wide pipeline of investments. It’s not centred on just one headline project but it was a balanced blend of many moves happening in parallel. The mix of sectors also hints at where the State is headed next. The next big task is converting plans into work on the ground.

If December was about attracting attention, the coming months are about delivery. Telangana has set the stage with a strong month-end finish. Now, it has to keep the pace going.

January 2026

Telangana ushers in 2026 with a strong investment pipeline

January 2026 emerged as a defining month for Telangana’s investment ecosystem, as it reflected the State’s growing appeal among investors – both domestic and global. Spanning technology, life sciences, manufacturing, and urban infrastructure, these developments highlighted a policy environment that is geared toward innovation, job creation, and long-term economic expansion.

With strategic outreach and investor-friendly initiatives, Telangana continues its journey as a competitive destination for future-ready industries. Let’s look at some of the companies that trusted the city’s capability and started their operations here this month:

January 7

Aiden AI opened its Hyderabad office, adding to the city’s enterprise technology ecosystem.

January 8

Suzen Medicare Private Limited inaugurated a new production facility at Maheshwaram, expanding life sciences capacity while supporting local employment generation.

January 9

Odean Mall, Hyderabad’s first AI-enabled multiplex, was inaugurated at RTC Crossroads. The project strengthened smart leisure infrastructure and reflected the city’s evolving urban consumption patterns.

January 19-21 | WEF Davos

Telangana’s “investment momentum” accelerated on the global stage at the annual World Economic Forum 2026, held in Davos.

  • Rashmi Group signed an MoU to invest Rs. 12,500 crore in a steel production unit expected to create around 12,000 jobs.
  • L'Oréal announced plans for a beauty tech hub in Hyderabad with an initial investment of nearly Rs. 3,500 crore.
  • Sargad committed up to Rs. 1,000 crore over the next three to five years toward advanced manufacturing and an aviation Maintenance, Repair, and Overhaul (MRO) facility.
  • Blaize agreed to scale its existing R&D centre, deepening the State’s capabilities in electronics, semiconductors, and AI.
  • Meanwhile, NUkler Products submitted an Expression of Interest for a Small Modular Reactor-based clean energy project estimated at Rs. 6,000 crore.
  • The Dubai Multi Commodities Centre also entered into an MoU to explore collaboration in startup development and cross-market ecosystem building.

Strategic Policy Push: Chief Minister A. Revanth Reddy unveiled the Next-Gen Life Sciences Policy 2026-30, targeting $25 billion in investments and 5 lakh high-quality jobs by 2030. Key proposals include Green Pharma City, 10 Pharma Villages, and the expansion of Genome Valley. To sustain engagement with global investors, the Chief Minister further proposed hosting an annual WEF follow-up summit in Hyderabad in July/August.

The investment milestones recorded in January underline Telangana’s steady transition into a hub for high-value industries. By combining policy clarity with global partnerships, the State is not only attracting capital but also laying the groundwork for resilient, innovation-led growth in the years ahead.

February 2026

Life sciences momentum & execution push

Early February 2026: Fast-tracking investments

Telangana began the month with a clear focus on execution. Led by Chief Minister A. Revanth Reddy, the Congress government initiated administrative measures to accelerate Rs. 8.81 lakh crore worth of investments that had already been committed through MoUs over the past two years.

To ensure faster implementation, departments introduced a single-point-of-contact (SPOC) system, enabling companies to move projects more efficiently from approval to execution.

February 17-18: BioAsia 2026 - Hyderabad

BioAsia 2026 emerged as the defining investment platform of the month, bringing together global life sciences companies, investors, and policymakers.

  • Over 250 Letters of Intent (LoI), MoUs, and bilateral agreements were signed
  • Investment potential of approximately $3 billion

The event reaffirmed the fact that Hyderabad is now a leading global hub for life sciences and innovation.

Key investment announcements

A host of investments that came Telangana’s way in February 2026 highlighted the State’s growth across biotech, vaccine manufacturing, and AI-led healthcare services, strengthening its innovation ecosystem.

  • Rx Propellant – Rs. 1,000 crore life-sciences campus in Genome Valley
  • Vaksindo Animal Health (Indonesia) – BSL-3 vaccine manufacturing facility
  • Tredence Inc. (USA) – AI-driven healthcare analytics hub with ~2,200 jobs
  • Opella Healthcare – Expansion of Global Capability Centre (GCC)

Late February 2026: Infrastructure planning for future growth

To support rising investments and urban expansion, Telangana initiated planning for a Rs. 4 lakh crore mobility and transport blueprint for the Hyderabad Metropolitan Region.

The plan includes:

  • Metro rail expansion
  • New road networks
  • BRTS corridors

This long-term infrastructure push is aimed at enabling sustainable urban growth and improving connectivity across the region.

A clear ‘advantage Telangana’

February 2026 marked a dual focus for Telangana by accelerating committed investments while attracting fresh global interest through BioAsia.

With over $3 billion agreements at the summit, Rs. 1,000 crore investment for Rx Propellant Campus, Rs. 4 lakh crore Mobility Plan towards long-term infrastructure, and AI & GCC expansions that will push job creation and new facilities, the State not only built a strong momentum in life sciences and parallel infrastructure planning, but also continued to strengthen its edge over other Indian cities as a future-ready investment destination.

March 2026

High-stakes deals move from announcements to action

March 2026 has been a landmark month for Telangana, as several high-stakes deals signed during the TelanganaRising Global Summit have officially moved from paper to the ground. The State continues to cement its reputation as a premier destination for both life sciences and high-end technology.

Biopharma sector

The month kicked off with a significant boost to the biopharma sector. Lonza Group AG, the Swiss manufacturing giant, formally committed to establishing its new Global Capability Centre (GCC) in Hyderabad. Following successful talks with IT & Industries Minister D. Sridhar Babu, Lonza chose the city to house its hub for R&D support and digital innovation, tapping into the local scientific talent pool.

Shortly after, on March 12, the government moved forward with a major wellness initiative. Camelot Retreats Pvt. Ltd. began grounding an investment of Rs. 1,021 crore after being leased 81 acres in the Vikarabad district. This project, originally envisioned at the 2025 World Economic Forum (WEF), is set to transform the region into a major hub for wellness tourism.

GCC Growth Summit & GCC Converge

A The momentum shifted toward digital transformation mid-month. On March 18, Hyderabad hosted the ETGCC World GCC Growth Summit and GCC Converge, where industry leaders gathered at the Trident to discuss the future of AI-led productivity and intelligent operations.

Finally, French healthcare leader Sanofi inaugurated a massive expansion of its Hyderabad GCC. With a multi-hundred-million euro investment and a new 2.7 lakh sq. ft. workspace in HITEC City, Sanofi is scaling its workforce to over 4,500 specialists, making it one of the largest pharma talent hubs in India.

April 2026

Operationalising major projects: Rapid execution of Telangana’s industrial strategy

What set April 2026 apart in Telangana’s growth journey is that the first month in the second quarter became a period of rapid execution for the State’s industrial strategy. The Congress government, led by Chief Minister A. Revanth Reddy successfully operationalised 14 major projects. These initiatives, arising from the 75 MoUs signed during the ‘TelanganaRising Global Summit, represent a massive Rs. 30,230 crore infusion into the local economy, spanning aerospace, manufacturing, and life sciences.

Aerospace & heavy-duty industry sectors

The aerospace sector took centre stage this month as the GMR Group moved forward with a landmark Rs. 15,000 crore investment. This project focuses on high-end MRO (Maintenance, Repair, and Overhaul) services, cargo operations, and aviation manufacturing, further positioning Hyderabad as a global aviation hub. Accompanying this growth, firms like Apollo Microsystems and ITP were allotted land in Hardware Park to bolster the defense electronics ecosystem.

In heavy industry and manufacturing sectors, Krishna Power Utilities commenced work on an integrated steel plant with a Rs. 5,000 crore investment. The construction sector also saw significant scaling with Ultra Bright Cements (Rs. 1,200 crore) and Rain Cements (Rs. 760 crore) expanding their capacities.

Decentralising growth

New food processing units were sanctioned for Vintage Coffee House, KJS India, and Deepak Nexgen. Meanwhile, the life sciences sector reached a new milestone in Sangareddy, where a fresh Rs. 751.3 million API R&D facility secured critical approvals for its ‘Consent to Establish’.

The Bharat Future City project gained momentum, with 16 MoUs now active across AI, healthcare, and electric vehicle manufacturing zones. Aligning with the ‘TelanganaRising 2047’ vision, these developments ensure that high-tech industrial progress reaches districts well beyond the capital, creating high-value infrastructure and employment across the State.

May 2026

Policy sets the stage, deals follow

Telangana spent May doing its work in the background, silently, without trying to grab headlines. With the big-ticket signings of Davos and the Telangana Rising Summit already banked, the government was tightening policy and laying foundations, even as individual companies pressed ahead with office launches and expansion plans on the ground.

Cabinet clears the path for life sciences

On May 24, the State Cabinet cleared the Next Generation Life Sciences Policy 2026-30. The numbers behind it are big: A $25 billion investment target and 5 lakh jobs across digital health, pharma, medical innovation and biotech by 2030.

The R&D units will now be classified as “industries” in their own right, which should make it easier for GCCs and healthcare labs to set up shop without getting stuck in red tape. The same Cabinet meeting signed off on revised land values across the State, kicking in from the last week of May.

2 GCCs land in Hyderabad

BASF got things moving early, announcing on May 6 that it would open a new Global Business Services hub in Hyderabad – BASF Global Business Services Private Limited – handling Finance and HR for the company worldwide. It’s their second Hyderabad announcement of the year, following a Global Digital Hub unveiled a few months earlier. Minister Sridhar Babu received the Letter of Intent in person.

Then, on May 26, Regeneron confirmed its own GCC for the city, expected to go live in the second half of 2026. The centre will cover data management, statistical programming, digital tech, AI, clinical trial operations and commercial analytics, which usually means hundreds of hires over the next couple of years.

MedTech manufacturing gets a major push

Align Technology signed an MoU to invest Rs. 1,800 crore in its first India manufacturing facility in Hyderabad. The plant, expected to begin operations in 2027, is projected to create more than 300 direct jobs and strengthen Telangana’s advanced MedTech manufacturing base.

Southwest opens global innovation centre

U.S. carrier Southwest Airlines launched its first Global Innovation Centre outside the U.S. in Hyderabad, with plans to scale the facility to more than 1,000 technology and engineering professionals.

Hyderabad startup enters the unicorn orbit

Skyroot Aerospace raised $60 million in fresh funding, taking its valuation to $1.1 billion and making it India’s first space-tech unicorn. The company plans to use the capital to scale manufacturing and accelerate its Vikram-1 and Vikram-2 programmes.

American Airlines doubles down on Hyderabad

American Airlines plans to expand its Hyderabad technology workforce to around 800 by early 2027, adding roughly 400 roles across software engineering, AI and cybersecurity.

A foundation stone in Sangareddy

Away from Hyderabad, Ministers Sridhar Babu and Damodar Rajanarasimha laid the foundation for KJS India’s second food processing unit in Sangareddy district on May 16. The Rs. 651 crore facility, spread across 44 acres, is projected to generate 1,551 direct jobs and support nearly 5,000 more through indirect livelihoods.

Deep-tech ecosystem & talent development

Institutional collaboration is also a major part of the May calendar. The University of Hyderabad and IIIT-Hyderabad signed an MoU around May 22 to deepen joint work in semiconductor research and interdisciplinary deep-tech programmes, reinforcing the State’s broader ambitions in chip design and advanced manufacturing talent.

June 2026

A month of sector-wide consolidation across Telangana

While January and December remain Telangana’s marquee months for spiking MoU numbers, June 2026 told a more varied story as investments and partnerships spread across technology, mining, cross-State investor outreach and international cooperation. Here’s how the month broke down, sector by sector.

T-Mobile opens GTC

T-Mobile inaugurated its 2.5-lakh-sq-ft Global Technology Centre in Hyderabad, with plans to build a workforce of nearly 1,000 by 2027 across engineering, data, cybersecurity and digital technologies.

Technology & AI

Hyderabad’s technology corridor added two new global entrants this month. US-based AI and data security company Theom launched its India operations with a new Hyderabad office, announced on June 10. The company said it would hire more than 50 people within the quarter, building engineering, product development and innovation teams to support its global scale-up.

Mining & critical minerals

State-owned NLC India Limited was declared preferred bidder for the Govindpur Vanadium, Titanium and Aluminous Laterite Block in Sangareddy district, following an e-auction conducted by the Ministry of Mines on June 11-12. It signals growing interest in Telangana’s mineral resources and their potential role in emerging industries.

NLC India’s selection as the preferred bidder for the Govindpur block adds a critical-minerals dimension to Telangana’s investment landscape. The Sangareddy block contains vanadium and titanium-bearing resources, minerals used in sectors including energy storage, aerospace, defence and advanced manufacturing.

Hyderabad is new investor-connect destination

In a development that underlined Hyderabad’s pull as an investment venue beyond its own State’s borders, the Chhattisgarh government held its Investor Connect roadshow in the city around June 12. Seven companies signed MoUs worth a combined Rs. 9,580 crore, expected to generate over 7,800 direct jobs for Chhattisgarh.

Though it didn’t do much for Telangana’s job market or investment growth, the event was a reminder that Hyderabad now doubles as a preferred stage for other States courting capital, even as Telangana competes for the same investor attention.

International & institutional cooperation

On the diplomatic front, Telangana signed an MoU with the German State of Thuringia to deepen cooperation in technology, skill training, startups and life sciences. The agreement, signed by Minister-President Mario Voigt and Chief Minister A. Revanth Reddy, centred on AI-led skilling programmes, German-language training initiatives, and early-stage exploration of semiconductor investment opportunities.

The meeting also brought together German business leaders from optics, photonics, precision engineering, life sciences, MedTech, defence and aerospace.

July 2026

Rs. 60,000 Cr Amazon investment leads a strong month

July 2026 saw Telangana’s growth across digital infrastructure, artificial intelligence, clean energy, aerospace, pharmaceuticals and agriculture. The month brought major investments as well as partnerships focused on technology, skills and employment.

From Amazon’s Rs. 60,000-crore data-centre programme moving into construction to new investments in solar manufacturing, oil palm processing and aerospace materials, the developments point to a more diversified industrial base. The MoUs signed during the month also added depth to the State’s AI, green technology, skills and EV ecosystems.

INVESTMENTS

Amazon – Rs. 60,000 crore

Amazon Web Services formally moved ahead with construction of its hyperscale data centre at Bharat Future City, marking a major milestone in its previously announced Rs. 60,000-crore Telangana investment. The project covers facilities at Bharat Future City and Chandanvelly and is expected to be developed in phases over the next decade. The July groundbreaking strengthens Telangana’s position as a major data-centre and cloud infrastructure hub.

Analog-MEIL – $300-$500 million

Abu Dhabi-based Analog and Hyderabad-based Megha Engineering & Infrastructures Ltd (MEIL) announced a 50:50 joint venture to develop and deploy physical-intelligence technologies in India. The JV plans to invest $300-$500 million over three to five years, with Hyderabad serving as an early deployment hub for applications in traffic management, smart infrastructure, mobility, public services and industrial systems.

Premier Energies – Rs. 1,000+ crore

Premier Energies inaugurated its 5.6 GW solar module manufacturing facility at Seetharampur in Rangareddy and broke ground for a 6 GWh battery energy storage system and an aluminium-frame plant. The 75-acre facility represents an investment of more than Rs. 1,000 crore and is expected to create more than 3,000 jobs when fully operational.

Godrej Agrovet – Rs. 300 crore

Godrej Agrovet inaugurated an integrated oil palm complex in Khammam, bringing seed development, nursery operations, R&D, milling and refining under one campus. The company’s cumulative investment in the complex will be Rs. 300 crore, with the project expected to support more than 700 livelihoods.

Raghu Vamsi Aerospace Group – Rs. 600+ crore

Raghu Vamsi Aerospace Group announced plans for a 50-acre integrated nickel-based superalloy manufacturing facility in Telangana, with an investment of more than Rs. 600 crore. The facility will produce critical materials for aerospace, defence, energy and other strategic sectors, strengthening domestic advanced manufacturing capabilities.

Amara Raja – Rs. 9,500-crore

Amara Raja Energy & Mobility is developing a major Rs. 9,500 crore Giga Corridor project in Divitipalli, Mahabubnagar district. The company inaugurated and commissioned the advanced Customer Qualification Plant (CQP) to supply validation batches to automotive and industrial clients. The multi-year project features a 16 GWh lithium-ion cell gigafactory and a 5 GWh battery pack assembly unit.

MoUs & PARTNERSHIPS

Analog-MEIL

The physical-intelligence partnership with Analog and MEIL was also formalised through an MoU in the presence of the Chief Minister A. Revanth Reddy. The initiative includes technology-driven applications for Hyderabad’s traffic management and urban infrastructure.

Microsoft-1M1B-MeitY Startup Hub

Telangana partnered with Microsoft, 1M1B Foundation and MeitY Startup Hub to establish India’s first Green Skills & Applied AI Centre of Excellence in Hyderabad. The centre will focus on applied AI, sustainable manufacturing, green pharma and workforce development.

Amazon India – Five Ashray Centres

Amazon India signed an MoU with the Telangana government/Cyberabad Municipal Corporation to establish five Ashray centres for gig and delivery workers in Hyderabad. Amazon will bear the cost of establishing and maintaining the facilities.

MSN Laboratories & Radiant Institute of Technology

The Telangana Intermediate Education Department signed an MoU with MSN Laboratories to create employment opportunities in the pharmaceutical sector for eligible students graduating from Government Junior Colleges. The Department also signed an MoU with Radiant Institute of Technology for faculty development and industry-aligned training for vocational students.

3CousinLabs-CSIR-NIIST

Hyderabad-based 3CousinLabs signed an MoU with CSIR-NIIST for pilot-scale and feasibility studies on producing ethanol from seasonal fruit pulp and juices, supporting biofuel production and agricultural value addition.

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