Telangana, the 29th state of India, was formed in June 2014, with Hyderabad as its capital. The state has a road network of over 27,600 km, with 24 national highways (NH) and an international airport in Hyderabad that connect it with major domestic and international markets. The state has an installed power capacity of over 15,000 MW, with over 40% contribution from green energy sources. There are 67 notified Special Economic Zones (SEZ) in the state.
The capital city of Hyderabad is a hub for information technology (IT) and pharmaceutical sectors. During 2017-18, export of IT and ITeS products of Telangana was Rs.93,422 crore (USD $14.50 bn). Leading IT companies like Facebook, Google, IBM and Microsoft hold significant presence in Hyderabad. The state has remained in the top two names for Ease of Doing Business in India consecutively for last three years.
Telangana contributes to 10% in India’s IT exports and Hyderabad is the 2nd largest contributor to revenues from IT exports of the country.
Hyderabad district in the state contributes over 30% of the pharmaceutical production of the country, and accounts for 44% share in the total exports. The state government has undertaken the task of establishing Hyderabad Pharma City which will be the first of its kind, smart ecosystem creating a new international benchmark for sustainable industrial cities.
Telangana is home to about 49,112 power looms and 627 weavers’ cooperative societies. The state has more than 120,000 handloom weavers in all and will be home to India’s largest textile park, which is coming up in Warangal.
State coal deposits account for 20% share in India’s coal deposits. Granite, coal, limestone, bauxite and mica are the major mineral resources in Telangana.
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