Is the Telangana Rising Global Summit Ready to Transform the State's Economy?
Synopsis
Key Takeaways
- Telangana Rising Global Summit is a pivotal event for investment opportunities.
- The Vision 2047 document outlines a roadmap for a $3 trillion economy.
- 2,500+ participants including global leaders will attend.
- Focus on sustainable development and regional growth strategies.
- Engagement from diverse sectors will drive innovation.
Hyderabad, Dec 7 (NationPress) The preparations are complete for the Telangana Rising Global Summit set to take place at the Bharat Future City in the vicinity. This two-day event, starting Monday, is designed to elevate Telangana's profile as a global investment destination. The state government plans to introduce the Vision 2047 document, outlining a roadmap to create a $3 trillion economy.
Approximately 154 delegates from 44 nations are slated to attend. Officials report that over 2,500 participants, including global business leaders, investors, policymakers, technocrats, celebrities, academicians, and influential thinkers from various fields, have already confirmed their attendance.
This summit is anticipated to draw substantial global investments and highlight Chief Minister A. Revanth Reddy's initiatives for developing Bharat Future City and revitalizing the Musi River.
Governor Jishnu Dev Verma will officially inaugurate the summit on Monday afternoon.
Chief Minister Reddy will discuss public governance in Telangana, investment prospects, governmental support, the objectives of the Vision 2047 document, and India's Future City.
The government aims to leverage this platform to reveal its strategies for achieving a $1 trillion economy by 2034 and a $3 trillion economy by 2047 by segmenting the state into three regions: Core Urban Region Economy (CURE), Peri-Urban Region Economy (PURE), and Rural and Agri Region Economy (RARE).
The Chief Minister indicated that global company representatives, Union ministers, Chief Ministers from various states, ministers, and distinguished individuals from diverse sectors will be present.
Revenue Minister Ponguleti Srinivas Reddy assessed the summit preparations on Sunday, expressing optimism about Telangana's transformation through this prestigious event.
Among the notable speakers are Nobel laureate and renowned economist Abhijit Banerjee, Jeremy Jurgens, Managing Director and Head of the World Economic Forum's Centre for the Fourth Industrial Revolution, Nobel Peace Prize recipient Kailash Satyarthi, Eric Swider, CEO of Trump Media and Technology Group (TMTG), and Kiran Mazumdar-Shaw, Executive Chairperson of Biocon Limited.
There will be 27 special panel discussions led by state ministers.
Prominent sports figures PV Sindhu, Anil Kumble, Pullela Gopichand, Gagan Narang, and Jwala Gutta will participate in the session titled ‘Telangana’s Olympic Gold Quest’.
Film industry icons SS Rajamouli, Ritesh Deshmukh, Sukumar, Guneet Monga, and Anupama Chopra will contribute to the panel discussion on 'Creative Century – Soft Power and Entertainment'.
Topics will range from power, green mobility, semiconductors, and frontier technologies to Telangana's emergence as a global education hub, the aerospace and defense sector, talent mobility, equitable healthcare access, collaboration with ASEAN tigers, the gig economy, enhancing farmers’ incomes, innovation in life sciences, heritage, culture, tourism that is ready for the future, capital productivity, affordable housing prospects, Musi rejuvenation, and blue-green infrastructure in Hyderabad, along with integrated transport and urban-rural connectivity.
Additional sessions will focus on ‘Bharat Future City as a Magnet for $3T Telangana’, ease of doing business 2.0, global capability centers, and innovative public-private partnerships.
Following the discussions, a concert featuring renowned music director Keeravani will entertain guests, alongside a cultural program showcasing Telangana's unique dance forms.
The Chief Minister, who evaluated the venue arrangements on Saturday, instructed officials to ensure sufficient facilities for delegates and representatives from various organizations.
He conducted an aerial inspection from a helicopter before touring the venue to review each hall designated for panel discussions and exhibition stalls.
The Chief Minister also previewed a digital presentation of the Musi Rejuvenation initiative and other programs. He requested that a statue of Telangana Talli be installed at the venue.
Officials have been directed to make necessary arrangements for welcoming delegates, accommodations, and other amenities.