Hyderabad: Telangana Industries Minister D. Sridhar Babu urged UAE industrialists to partner in the state’s push toward becoming a $3 trillion economy by 2047. Speaking at the inaugural of the Investopia Global summit in Hyderabad, he pitched Telangana as a high-growth, investment-ready state.
The summit, co-hosted by the Telangana government and the UAE, drew senior officials and industry leaders from both sides. Sridhar Babu said Telangana had outpaced national growth trends, clocking an 8.2% GSDP increase in 2024–25 against a national average of 7.6%, and now contributes over 5% to India’s GDP.
He highlighted Telangana’s infrastructure pipeline, including dry ports, multimodal parks, industrial corridors, EV zones, net-zero parks, the Regional Ring Road, and Metro Phase–2. A Future City is being planned as a global hub for FinTech, Smart Mobility, and Climate Tech.
In the past 18 months, Telangana has secured ₹3.2 lakh crore in new investments. Exports to the UAE alone have grown 2.5 times this fiscal, led by pharma, aerospace, digital services, and food processing. UAE firms including Lulu Group, DP World, and NAFFCO have already invested in the state.
The Minister framed the summit as both a strategic pitch and a diplomatic platform, describing Telangana and the UAE as “old friends” aligned by values of trust, time, and transformation. He listed opportunities across AI, green hydrogen, life sciences, logistics, food processing, defence manufacturing, and tourism.
UAE Minister Abdullah Bin Touq Al Marri, Telangana Special Chief Secretary Sanjay Kumar, TSIIC MD K. Shashank, UAE officials Mohammed Al Wahaibi and Walid Hareb Al Falahi, and Investopia CEO Dr. Jean Fares were among those present.