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Hyderabad/New Delhi, 8 December (H.S.): Telangana Chief Minister A. Revanth Reddy on Monday outlined an ambitious roadmap to transform Telangana into a $1 trillion economy by 2034 and a $3 trillion economy by 2047, while addressing delegates at the Telangana Rising Global Summit.
Recalling India’s journey since Independence, the Chief Minister said the vision of building a sovereign, socialist and secular democratic republic was shaped by the ideals of Mahatma Gandhi and Dr. B.R. Ambedkar. He said Telangana, which was formed in 2014 under the leadership of Sonia Gandhi and the guidance of former Prime Minister Dr. Manmohan Singh, is now striving to become India’s most developed state and one of the best globally.
Explaining the Telangana Rising 2047 vision, Revanth Reddy said extensive consultations were held with citizens, officials, central government experts, Indian School of Business (ISB) and NITI Aayog to shape a long-term development strategy.
He announced that Telangana aims to increase its contribution to India’s GDP from the current 5% to 10% by 2047, despite having only 2.9% of the country’s population.
The Chief Minister introduced the CURE–PURE–RARE development model, under which the state will be divided into three economic zones:
CURE: Core Urban Region Economy (Services)
PURE: Peri-Urban Region Economy (Manufacturing)
RARE: Rural Agriculture Region Economy (Agriculture)
Drawing a comparison with China’s Guangdong province, one of the world’s biggest economic hubs, he said Telangana seeks to replicate a similar high-growth model. He added that the state has taken inspiration from China, Japan, Germany, South Korea and Singapore, and invited global investors to partner in the Telangana Rising journey.
This vision may look difficult today, but we can achieve it. If it is difficult, we will do it immediately. If it seems impossible, we will take a little more time and still achieve it,” the Chief Minister said.
Expressing confidence, Revanth Reddy said what was once just a dream has now become a collective mission with global participation. “With your partnership and support, Telangana Rising is unstoppable,” he said, inviting investors to join the state’s growth story.