Double Your Stakes: CM Revanth Reddy Makes Bold Pitch to Global Investors
Telangana CM Revanth Reddy invites global investors to the Invest Telangana Global Summit 2026, aiming for a $3 trillion economy by 2047.
In a high-energy call to action, Telangana Chief Minister Revanth Reddy has challenged domestic and international business leaders to not just invest in the state, but to double their proposed commitments. Speaking at a curtain-raiser event in New Delhi for the Invest Telangana Global Summit 2026, the Chief Minister promised a government that acts as a facilitator rather than a hurdle, ensuring that administrative bottlenecks are cleared to pave the way for exponential growth.
"Double Your Expectations"
Addressing a gathering of industrialists and policymakers, CM Revanth Reddy delivered a punchy message to potential investors: decide on an investment figure and then multiply it by two. He encouraged them to similarly double their expectations for growth and profitability within the state.
The Chief Minister took personal ownership of the investment climate, stating that removing obstacles and safeguarding the interests of investors would be his personal responsibility. He assured the audience that the state government would provide the necessary policy framework and administrative backing to turn business plans into reality.
The Road to a $3 Trillion Economy
The Chief Minister outlined an ambitious economic roadmap titled 'Telangana Rising 2047', which is designed to align with the national 'Viksit Bharat 2047' vision. The financial targets set for the state are staggering:
- By 2034: Aiming to become a USD 1 trillion economy.
- By 2047: Aiming to reach a USD 3 trillion economy.
Currently, Telangana contributes approximately 5 per cent to India's GDP. However, Revanth Reddy asserted that if India reaches its goal of becoming a USD 30 trillion economy by 2047, Telangana should strive to contribute 10 per cent of that national total.
Hyderabad: A Legacy of Global Trade
Drawing on history, the Chief Minister reminded the investors that Hyderabad has been a global commercial hub for nearly 400 years. He evoked images of the area around Charminar, where merchants from across the globe once traded in silver handicrafts, spices, and pearls.
He credited the Nizam rulers for laying the foundation of the city's modern infrastructure, citing the establishment of railways, an airport, a mint, museums, and prestigious educational institutions. As a testament to the city's intellectual capital, he highlighted the Hyderabad Public School, which produced global titans such as:
- Satya Nadella (CEO, Microsoft)
- Ajay Banga (President, World Bank)
- Shantanu Narayen (CEO, Adobe)
- Prem Watsa
Political Synergy and Infrastructure
The Chief Minister also paid tribute to the visionary leadership of former Prime Ministers Rajiv Gandhi and P. V. Narasimha Rao. He noted that Rajiv Gandhi's push for computers and telecommunications transformed modern life, while P. V. Narasimha Rao's 1991 reforms of liberalisation, privatisation, and globalisation opened India's economy to the world.
Addressing potential concerns regarding the relationship between the state and central governments, Revanth Reddy emphasized that cooperation is the only way forward for development. He pointed to several key projects receiving Central support as evidence of this synergy:
- High-Speed Rail: Proposed corridors connecting Hyderabad with Bengaluru, Chennai, and Pune.
- Aviation: Plans for new airports in Adilabad and Warangal.
- Urban Growth: The Regional Ring Road and the expansion of the metro rail.
- Defense: The naval radar centre.
Concluding his pitch, the Chief Minister reiterated that the role of government should be to create opportunities and remove unnecessary obstacles rather than interfering excessively in economic activities.
Save the Date
The Invest Telangana Global Summit 2026 is scheduled to take place from December 7 to 9 at the Bharat Future City in Hyderabad, where the state expects to formalize these ambitious investment goals.