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Govt promoting Telangana as best destination for global investments: CM Revanth

Telangana CM suggests Samakhya Chamber of Commerce to encourage youth and women entrepreneurs to strengthen the country economically further

Govt promoting Telangana as best destination for global investments: CM Revanth

Chief Minister Revanth Reddy informed that the Telangana government is actively promoting the state as an ideal destination for global investments, emphasizing the need for overall growth rather than focusing on politics during elections. Prime Minister Narendra Modi is striving for a "Viksit Bharat" by 2047, coinciding with the country's 100 years of independence, and the Telangana government has set a target of achieving a US $1 trillion economy by 2034 and a US $3 trillion economy by 2047.

During a global summit organized by the Samakhya Chamber of Commerce in Hyderabad, the Chief Minister detailed the government's vision for the 2047 target, dividing the state into CURE, PURE, and RARE regions. He called upon investors to collaborate with the government in achieving these goals, promising support and policies to safeguard investments.

The Chief Minister urged local entrepreneurs to become partners in the industrial policy, encouraging them to invest for global growth rather than merely catering to corporate needs.

Highlighting the government's efforts in women empowerment, Revanth Reddy mentioned the schemes launched by his administration, assuring the chamber of commerce that women in Telangana would be provided bank linkages worth ₹61,000 crore. The state has also taken steps to enable women to own Telangana State Road Transport Corporation (TGSRTC) buses, petrol bunks, and solar plants.

The Chief Minister praised the chambers for organizing such an event to foster the growth of the new generation and commended the Munnuru Kapu community for their achievements in various fields, including cinema and politics.

Written by urgent.news from The Hindu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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