Telangana’s industrial GSVA rises 8.1 pc to Rs 3.04 lakh crore: Minister Sridhar Babu
Hyderabad, Nov 4 (TNT) : Telangana’s industrial sector registered a growth of 8.1 per cent in 2025-26, taking its Gross State Value Added (GSVA) to Rs 3.04 lakh crore, while merchandise exports increased by 39.3 per cent, State IT and Industries Minister D Sridhar Babu said on Wednesday.
Addressing the FICCI Centenary Celebrations and Telangana Deep-Tech Leadership Summit here, he said the state was positioning itself as a global hub for deep-tech innovation, with a focus on artificial intelligence, quantum technology, robotics, cybersecurity, semiconductors and advanced manufacturing.
The government aims to transform Telangana into a USD 3 trillion economy by 2047 by strengthening research, innovation, infrastructure and skill development, he said.
Stating that Telangana currently contributes around five per cent to India’s GDP, Sridhar Babu expressed confidence that the state’s share could be doubled to 10 per cent, citing its industrial potential, skilled workforce and demographic advantages.
He said around 13 lakh people were employed in the state’s industrial ecosystem as of December 2025.
The government wanted Telangana to emerge as a manufacturing and export destination for high-value technology products, he added.
Deputy Chief Minister Bhatti Vikramarka Mallu, who attended the summit, said the government was targeting a USD one trillion economy by 2034.
He stressed the need for greater investment in research, testing facilities, technology development and certification infrastructure to strengthen the deep-tech ecosystem.
Emphasising public-private partnerships, he called for closer cooperation among industry, academic institutions and researchers to develop indigenous technologies, particularly in renewable energy and energy storage, and expand exports.
On the occasion, the Deputy Chief Minister and Sridhar Babu released a FICCI-EY report titled “Telangana DeepTech Blueprint: A Strategic Blueprint for Positioning Telangana as a Global DeepTech Innovation Hub”.
The report called for shifting the state’s growth model from a services-led economy towards innovation-driven development, with deep-tech capabilities supporting advanced manufacturing and exports.
It identified artificial intelligence, quantum computing and cybersecurity as key growth areas and recommended higher research and development investments and a dedicated deep-tech policy.
Special Secretary for Industries and Commerce S Krishna Aditya said the Bharat Future City master plan and 11 new industrial policies would be unveiled at the state’s Global Summit in December.
A core innovation facility was planned in the Core Urban Region, while plug-and-play manufacturing clusters would be developed between the Outer Ring Road and Regional Ring Road, he said.
Past FICCI president and Apollo Hospitals Joint Managing Director Sangita Reddy said Telangana had the potential to emerge as a major contributor to India’s development, stressing the importance of inclusive growth, healthcare and human development.
FICCI Telangana State Council Chairman V V Rama Raju, FTCCI President K K Maheshwari and other industry representatives attended the summit.
TNT TS
