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 connects 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, the export of IT and ITeS products of Telangana was Rs.93,422 crore (USD $14.50 bn). Leading IT companies like Facebook, Google, IBM and Microsoft hold a significant presence in Hyderabad. The state has remained in the top two names for Ease of Doing Business in India consecutively for last three years.
According to the Department for Promotion of Industry and Internal Trade (DPIIT), cumulative FDI inflows in Telangana from April 2000 to June 2019 totaled US$ 18.75 billion.
As of November 2019, Telangana had 29 operational SEZs, 56 notified SEZs and 63 formally approved SEZs.
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.
Andhra Pradesh, the 10th most populated state in India, is home to about 4.1% of the country's total population. The state's population of 49.4 mn is equivalent to the population of Spain.
Policy Watch - 100?I by NRIs in Air India
PM Modi: 'India Fulfilling Its Demands Through Make In India - FDI India
PM Modi unveils Atmanirbhar Bharat Abhiyaan for India
China Responds To India's FDI Policy Change: 'Violation Of WTO Principles
This will be a Record FDI Year for India: Invest India CEO Deepak Bagla