Telangana aspires to compete with world while maintaining cordial relations with neighbouring States: Revanth at WEF 2025
The Hindu
Telangana aims to compete globally in development, focusing on urbanization, agriculture, and attracting investments for economic growth.
Telangana is competing with world-class cities like Tokyo and Singapore. “Rather than competing with domestic States, Telangana is eyeing to achieve the China Plus One countries status in the development,” said Chief Minister A. Revanth Reddy adding that it aspired to compete with the world in terms of development while maintaining cordial relations with the neighbouring States.
He spoke about the plan to develop the State into three regions, plans for rural part of the State, its competition with global cities, policies and other aspects at a roundtable meeting on ‘Country Strategic Dialogue’ organized by the World Economic Forum in Davos, Switzerland. Mr. Reddy shared the stage with Andhra Pradesh Chief Minister Nara Chandrababu Naidu and Maharashtra Chief Minister Devendra Fadnavis.
Mr. Reddy said that Telangana government will promote cold storage, organic food products, meat, chicken and fish exports and also agro-allied industries in the rural areas up to the State border. Urbanization is key to strengthening the economy.
The Chief Minister said that Telangana will also join as an action partner in the Indian Prime Minister’s goal of promoting the country to a five trillion dollar economy. The State government is already moving forward with concrete plans to become a one trillion dollar economy.
The trip to Davos helped in understanding the development of the world, said Mr. Reddy adding that his government wants to attract investments to Telangana and their biggest strength is Hyderabad and the youth workforce.
Chief Minister Siddaramaiah on Thursday announced that from the next financial year, a market system for organic products will be implemented in Karnataka’s Agricultural Produce Market Committees (APMC). He was speaking at the inauguration of the International Trade Fair - Organics and Millets 2025.