Telangana Chief Minister A. Revanth Reddy on Wednesday, 15 July declared that the state government stands ready to extend all necessary infrastructure, clearances, and facilities to industries seeking to establish operations in Telangana. He made the remarks at the groundbreaking ceremony of an Amazon data centre at Future City, Hyderabad, positioning the event as a milestone in the state's broader economic ambition.

Amazon Investment and Future City Vision

Amazon is expected to invest ₹1 lakh crore in Telangana by 2034, according to Chief Minister Revanth Reddy. He announced that the state government will hold a dedicated special monthly review meeting to monitor and facilitate Amazon's investment progress — a level of institutional attention rarely extended to a single corporate partner.

Revanth Reddy said the state aims to build a world-class city within Future City to attract Fortune 500 companies, arguing that anchor investments from global majors like Amazon create a multiplier effect, drawing other firms and industries into the same ecosystem.

Telangana Rising 2047: The Economic Roadmap

The Chief Minister outlined the state's long-term growth targets under the 'Telangana Rising-2047' framework: a $1 trillion economy by 2034 and a $3 trillion economy by 2047. He said the state government has drawn up plans to raise Telangana's share of national GDP from the current 5 per cent to 10 per cent, aligned with the Centre's Viksit Bharat 2047 goal of a $30 trillion Indian economy.

He recalled that the state organised the 'Telangana Rising Global Summit', attended by 3,000 corporate representatives from major companies across 108 countries, as part of efforts to signal Telangana's investment readiness on a global stage. 'Young India Skill University' has also been established, he said, to build a workforce pipeline that matches incoming industrial demand.

Hyderabad's Green Transition Push

Revanth Reddy outlined an ambitious urban decarbonisation agenda for Hyderabad, home to 1.34 crore people within the Outer Ring Road area. The state government plans to convert 3 lakh Regional Transport Corporation buses to electric, and retrofit 2 lakh diesel auto-rickshaws into electric vehicles.

To accelerate EV adoption, the state has completely waived registration taxes on electric vehicles — a move Revanth Reddy acknowledged entails an annual revenue sacrifice of ₹1,500 crore. The city has been zoned into 'CURE', 'PURE', and 'RARE' categories to guide phased, planned development.

Farmer Compensation and Land Disputes

Acknowledging tensions around land acquisition for industrial projects, Revanth Reddy directed officials to resolve pending issues and ensure fair compensation for farmers who parted with their land. He advised Industry Minister Sridhar Babu and former MLA K. Laxma Reddy to hold direct discussions with protesting farmers.

The Chief Minister stressed the need to create employment opportunities specifically for families of farmers who lost agricultural land to development — framing it as both a moral obligation and a condition for sustained industrial growth. As Telangana accelerates its investment drive, how it manages this social contract with displaced farming communities will likely define the political durability of its economic model.