Hyderabad, Dec 8 (PTI) Telangana Chief Minister A Revanth Reddy on Monday said he wanted the state to contribute 10 per cent to the national GDP by 2047.
Speaking at the Telangana Rising Global Summit 2025, he also said the state government wants to replicate the model of Guang-Dong province, whose economy was the largest of any province in China.
He said his government aims to make Telangana a USD 1 trn economy by 2034 and a USD 3 trn dollar one by 2047.
“We comprise around 2.9 per cent of India’s population but contribute around five per cent of national GDP. By 2047, I want to contribute 10 per cent of India’s GDP,” he said.
Citing the example of Guang-Dong in China, he said the province has achieved the highest investment and growth in the world in “20 plus years”.
“We want to replicate the same model in Telangana,” he added.
After 10 years of its formation, Telangana is now trying to become India’s most developed state.
The CM said the state government’s strategy is to make Telangana India’s first and only state to be divided into three clear zones for services, manufacturing, agriculture.
“We call it the CURE, PURE, RARE model. Core Urban Region Economy (CURE), Peri Urban Region Economy (PURE) and Rural Agriculture Region Economy (RARE),” he said.
Observing that his government has taken inspiration from China, Japan, Germany, South Korea and Singapore, the chief minister said Telangana is now “getting ready” to compete with them.
The state government has invited them to collaborate, invest and support it in the ‘TelanganaRising’ journey, he added.
With the support of industry and other stakeholders who attended the event, the state can achieve all its goals.
“TelanganaRising is unstopabble,” he said.
Union Coal Minister G Kishan Reddy said the Centre is committed to work with the Telangana government for the state’s progress.
“Today, India stands as the world’s fourth largest economy and ready to achieve the third spot. Today, India has a strong security environment and internal stability. Under the able leadership of Narendra Modi, the Government of India is fully committed to working with the government of Telangana in this development journey,” he said.
The Centre sees Telangana playing a key role in the journey towards the goal of ‘Viksit Bharat 2047’ (Developed India 2047), he said.
Observing that PM Modi often talks about his goal of ‘Viksit Bharat 2047’, he said this development goal is possible only when all the states play a meaningful role in the transformation journey of development through the twin mantra of “cooperative federalism” and “competitive federalism”.
Kishan Reddy said healthy competition among states to attract industry, talent and others raises standards and accelerates reforms and ensures better outcomes for citizens.
He highlighted the progress achieved under the Make in India and various sectors during the last decade and also the support extended to Telangana by the Centre.
Telangana Governor Jishnu Dev Varma, who inaugurated the event, said the state’s development roadmap aligns with the national mission of ‘Viksit Bharat’.
“Strong infrastructure and progressive government place Telangana firmly on this path… Telangana’s vision is defined by clear milestones and consistent progress,” he said.
Nobel peace laureate Kailash Satyarthi said economies, markets and others have been globalized and that this is the time to “globalize compassion”.
“I call upon you to be the problem solver and globalize compassion. I call upon you to be the partner in this dream. Let’s begin with Telangana here and now. I am sure, we will win,” he said.
Observing that he was appointed by UN Secretary General some years ago as an UN SDG (Sustainable Development Goals) advocate, he said he can confess that none of the goals can be accomplished in the given time – 2025 goals and 2030 goals.
He wished that Telangana and India made a major contribution in advancing sustainable goals in coming five years or so.
In a video message, Nobel laureate economist Abhijit Banerjee said Telangana has taken an important step by articulating explicitly that everybody has to be made full participant in the state’s prosperity efforts.
“I like the fact that, amidst these thoughts about prosperity, growth, USD 3 trn economy, there is also a very concrete set of thoughts which are about how to get there, such as the thought about ensuring that 80 per cent of the children are able to do math and read at great level when they are in third grade. This is a very doable goal,” he said.
“It represents a way of thinking that I totally endorse which is you need to break the whole claim of human liberation and human development into set of feasible steps,” he said.
Deputy Chief Minister Mallu Bhatti Vikramarka, Industries Minister D Sridhar Babu and industry leaders, including R Dinesh and Shobhana Kamineni, Director of Trump Media and Technology Group Director Eric Swider attended the event.
