Hyderabad: IT and Industries Minister D. Sridhar Babu announced that Telangana has attracted over ₹3.2 lakh crore in new investments over the past 18 months. The state offers vast opportunities in AI, emerging technologies, life sciences, green hydrogen, renewable energy, electric vehicles, and logistics. Speaking at the Investopia Global international investment summit, jointly organized by the UAE and the state government at HICC, the minister stated that Telangana is committed to becoming a $3 trillion economy by 2047.
Inviting UAE industrialists to invest in the state, the minister highlighted that exports from Telangana to the UAE grew 2.5 times in the last financial year, driven by pharmaceuticals, aerospace, digital services, and food processing sectors. He added that Telangana has secured over ₹3.2 lakh crore in new investments in the past 18 months, with exports to the UAE increasing 2.5 times in FY 2024-25.
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Telangana’s Industrial Growth and Investment Surge
Sridhar Babu noted that major UAE-based companies like Lulu Group, DP World, and NAFCO have already invested in the state. The state has plans to expand dry ports, multimodal logistics parks, and industrial corridors. Initiatives such as net-zero industrial parks, EV zones, green logistics hubs, Regional Ring Road (RRR), and Metro Phase-2 will further boost industrial development.
Future City, being developed to global standards, will become a global hub for fintech, climate tech, and smart mobility innovations. He added that Telangana is witnessing rapid growth in data centers, global capability centers (GCCs), AI labs, and aerospace clusters. Despite its small geographical size, Telangana has emerged as a model for development and welfare for other states. The state recorded an 8.2% GSDP growth in 2024-25, surpassing the national average of 7.6%, while its contribution to the national GDP exceeded 5%.
HICC
The **Hyderabad International Convention Centre (HICC)** is a premier event venue located in Hyderabad, India, and is one of the largest and most modern convention centers in South Asia. Established in 2002, it was designed to host international conferences, exhibitions, and corporate events, contributing to Hyderabad’s reputation as a global business hub. Operated by the **Hyderabad Convention Centre Services**, HICC is known for its state-of-the-art facilities and strategic location in **HITEC City**, the city’s major IT and business district.
Regional Ring Road (RRR)
The **Regional Ring Road (RRR)** is a major infrastructure project designed to connect various regions, often encircling a metropolitan area to ease traffic congestion and improve transportation efficiency. While specific histories vary by location, such ring roads are typically developed to support urban expansion, economic growth, and regional connectivity. For example, Hyderabad’s RRR in India aims to link highways and reduce travel time around the city, reflecting broader trends in modern urban planning.
Metro Phase-2
“Metro Phase-2” likely refers to the second phase of expansion in a city’s metro system, such as Delhi Metro’s Phase-2 in India (completed in 2010), which extended connectivity to key areas like the airport and suburbs. Such projects aim to reduce traffic congestion, improve urban mobility, and promote sustainable transport. The history often involves planning to meet growing population demands, with phases implemented over years or decades. (Note: If referring to a different city’s Metro Phase-2, specifics may vary.)
Future City
“Future City” is a modern urban development or conceptual cityscape often designed to showcase cutting-edge technology, sustainability, and innovative urban planning. While not tied to a specific location, such projects—like Saudi Arabia’s NEOM or Japan’s Toyota Woven City—aim to prototype smart, eco-friendly living for the future. These initiatives typically emphasize renewable energy, AI integration, and advanced infrastructure, reflecting a global shift toward sustainable, tech-driven urban environments.
Lulu Group
The Lulu Group is a multinational conglomerate headquartered in the UAE, primarily known for its hypermarket and retail chain, Lulu Hypermarket. Founded by Indian businessman Yusuff Ali in 2000, it has grown into one of the largest retail chains in the Middle East and Asia, offering a wide range of products from groceries to electronics. The group also has investments in hospitality, healthcare, and logistics, contributing significantly to the economies of the Gulf Cooperation Council (GCC) countries.
DP World
DP World is a global logistics and trade company headquartered in Dubai, United Arab Emirates, specializing in port operations, maritime services, and supply chain solutions. Founded in 2005 as part of Dubai World, it has grown into one of the largest port operators worldwide, managing terminals across six continents. The company plays a key role in facilitating international trade and reflects Dubai’s strategic focus on becoming a major hub for global commerce.
NAFCO
NAFCO (Nippon Automated Cargo and Port Consolidated Operation) is a Japanese logistics and port operation system developed to enhance efficiency in cargo handling and port management. Established in the 1970s, it integrates advanced automation and digital systems to streamline shipping processes, reducing delays and costs. While not a physical cultural site, NAFC0 represents Japan’s innovation in maritime logistics and trade infrastructure.
Investopia Global
Investopia Global is an investment platform and annual summit launched in the UAE in 2021, designed to foster global economic collaboration and future-focused investments. Initiated by the UAE government, it brings together policymakers, investors, and business leaders to explore emerging opportunities in sectors like technology, sustainability, and finance. The platform aims to drive innovation and sustainable economic growth through dialogue and strategic partnerships.
