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Telangana economic development strategy
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2026-10-16 12:03 UTC → 2026-10-17 19:01 UTC ·
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Telangana Chief Minister A. Revanth Reddy has introduced the ‘Telangana Rising: 2047 Vision Document,’ a strategic roadmap designed to grow the state’s economy to $1 trillion by 2034 and $3 trillion by 2047. The plan utilizes a three-zone framework: the Core Urban Region Economy (CURE) for IT and services, the Peri-Urban Region Economy (PURE) for manufacturing and logistics, and the Rural Agriculture Region Economy (RARE) for food processing and agro-based industries. In pursuit of these industrial goals, the Chief Minister has begun engaging with major corporations. He recently met Following discussions with a delegation leadership from Hyundai Motor India Engineering (HMIE) to promote Hyderabad as a manufacturing hub. Discussions centered on accelerating (HMIE), including Managing Director Changyeon Cho, the development of company is moving forward with plans for an Rs 8,528 crore Integrated Global R&D facility in Zaheerabad, and a mega test centre at the National Investment and Manufacturing Zone (NIMZ) in Zaheerabad. The project expected involves a phased investment of ₹8,528 crore across 678 acres and is projected to create over 4,000 4,276 jobs. Groundwork for the facility could begin in the coming months, an expansion intended to strengthen Hyundai’s engineering presence in Hyderabad and align with the state’s long-term economic vision.
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- 2026-10-17 19:01 UTC Telangana economic development strategy
- 2026-10-16 12:03 UTC Telangana economic development strategy
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