Hyderabad: On Saturday, Telangana Chief Minister A. Revanth Reddy shared a bold plan to transform the state into a major economic force by 2047, aiming for a $2.4 trillion economy by the time India marks 100 years of independence.
Speaking at the 10th NITI Aayog Governing Council Meeting in New Delhi, Reddy introduced the “Telangana Rising 2047” vision. He said the goal is for Telangana to become a developed state (Viksit Rajya), contributing 8% to India’s GDP by 2047. This would mean achieving a Gross State Domestic Product (GSDP) of $2.4 trillion.
Reddy highlighted several major infrastructure projects already underway. These include expanding the Hyderabad Metro Rail, rejuvenating the Musi River, building elevated expressways, and completing the Regional Ring Road. He said these projects will boost connectivity and drive new areas of economic growth.
One of the key elements of the plan is creating a Net-Zero Future City, which aims to set a national standard for eco-friendly urban development.
The Chief Minister emphasized the importance of the “Nation First – People First” approach. He made it clear that Telangana needs strong support from the Central government to achieve these ambitious goals. “States like Telangana are not just testing grounds for ideas,” he said, “they’re also the engines driving India’s growth.”
Reddy shared that Telangana has already secured over ₹3 lakh crore in investments within just 18 months of his government taking office. He said this puts the state on track to become a $1 trillion economy in the near future.
To push for faster and more effective urban growth nationwide, Reddy proposed forming a national task force led by Prime Minister Narendra Modi. This task force would include the Chief Ministers of six rapidly growing states, focusing on urban planning, investment, infrastructure, and governance reforms in key cities like Hyderabad, Mumbai, Bengaluru, Chennai, Kolkata, and Delhi.
He pointed out that these major cities contribute a large share of India’s urban GDP, acting as hubs of innovation, employment, and investment. “Hyderabad, though smaller in area, is already making a big impact on the national economy,” he said.
Reddy concluded by urging the Centre to work closely with states through true cooperative federalism. He stressed that only by working together can India realize its vision of becoming a fully developed nation, or “Viksit Bharat”, by 2047.
