business
The Telangana Rising Global Summit began on a grand scale on Monday at Future City, where the government is set to unveil the Telangana Vision Document 2047 today. Representatives from over 44 countries and nearly 2,000 industry leaders from India and abroad participated.
On Day 1, extensive discussions were held on 12 major themes, including global technological trends, future economic strategies, and development pathways. Security arrangements around the venue were significantly strengthened.
The government hosted delegates with modern amenities, cultural presentations and Telangana cuisine. A special video showcasing the Future City model and a theme song highlighting Telangana’s progress impressed the attendees.
Governor Vishnu Dev Varma inaugurated the event, while Chief Minister Revanth Reddy unveiled the digital statue of "Telangana Talli." Several ministers, central minister Kishan Reddy, actor Nagarjuna and industry leaders attended. Speakers praised the government’s initiative in bringing global institutions onto a single platform.
In his address, CM Revanth Reddy stated that Telangana is drawing inspiration from China’s Guangdong Province and is being developed into three strategic zones – Cure, Pure and Rare. He expressed confidence that Telangana will become a 30-trillion-dollar economy by 2047.
Major investment announcements on Day 1 included:
Trump Media Technologies committing ₹1 lakh crore over the next decade.
Anant Ambani’s Vantara signing an MoU for a zoo park in Future City.
Win Group Industries announcing ₹27,000 crore investment.
AGIDC signing a ₹70,000 crore investment deal.
Power sector investments totalling ₹1.60 lakh crore.
Adani Group confirming further expansion of its current projects.
More large-scale investments are expected on Day 2.
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