Archive · 29 May 2025
Telangana Eyes Trillion-Dollar Economy with Strategic Shift
The Telangana government wants to make the state a trillion-dollar economy by 2047.
They plan to focus on defense, aerospace, and biotechnology, shifting from a service-based model to manufacturing, like Tamil Nadu.
The state's GDP is growing faster than the national average.
The government is working with experts and seeking support from the central government, but some experts caution about the importance of job creation in the private sector.
Achieving the goal requires a sustained high growth rate.
Telangana aims to become a trillion-dollar economy by 2047.
The state will focus on defense, aerospace, and biotechnology sectors.
The state is shifting from a service-based model to manufacturing.
Telangana's GSDP for 2024-25 is estimated at Rs 16,12,579 crore.
Experts suggest need to create jobs in private sector and rationalize welfare schemes
- Who
- Telangana government
- What
- Telangana's economic strategy
- When
- 2024-2025
- Where
- Telangana
- Why
- To achieve a trillion-dollar economy
- Telangana's GSDP (2024-25 advanced estimates)
- Rs 16,12,579 crore
- GSDP growth rate for 2024-25
- 10.1%
- Industrial sector job share (2023-24)
- 23%
- Targeted MSME annual growth
- 15%
