Telangana has made impressive progress in attracting foreign direct investments (FDI) this year. Competing with larger states like Maharashtra, Tamil Nadu, and Gujarat, Telangana has secured the sixth position in the country for attracting FDIs over the past six months.
The efforts of Chief Minister A. Revanth Reddy to promote Telangana as an investment-friendly destination are showing positive results. The state recorded a 33% growth in FDIs compared to the previous year, as per official data.
According to the Union Ministry of Industries and Internal Trade, Telangana received investments worth ₹12,864 crore between April and September 2024. This marks a significant increase from ₹9,679 crore received during the same period last year.
The statistics highlight that Telangana received ₹3,185 crore more in FDIs this year, showcasing a notable growth rate. Maharashtra, Gujarat, Karnataka, Delhi, and Tamil Nadu are the top five states on the list, with Telangana ranking just below them at sixth place.
Hyderabad, the capital city, emerged as the primary hub for investments, receiving 93% of the state’s total FDI. The city attracted ₹11,970 crore, followed by Rangareddy district with ₹680.5 crore, Mahabubnagar with ₹116.7 crore, and Medak district with ₹96.99 crore.
Officials attribute this success to the state government’s investor-friendly policies, led by Chief Minister Revanth Reddy. These policies have positioned Telangana as a preferred destination for global investments.
