Telangana India's fastest growing state, keen on global collaborations: Sridhar Babu
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Hyderabad:
Telangana
IT and industries minister D. Sridhar Babu urged global stakeholders to partner with Telangana, which has emerged as one of the fastest-growing states in the country, with a GDP of Rs 16.12 lakh crore at a growth rate of 10.1%—higher than the national average of 9.9% — in just a decade since its formation.
Speaking at the Global Leaders' Summit 2025, he said per capita income in Telangana stands at Rs 3.79 lakh, which is nearly 1.8 times the national average. He also said the services sector now contributes 66.3% to the state's GDP as against the national average of 55%.
He said in the past 18 months alone, the state attracted investments exceeding Rs 3 lakh crore, with just the life sciences sector drawing Rs 40,000 crore and creating over 2 lakh new jobs.
"Many doubted whether Telangana could be formed — today, it is not just a reality, it is unstoppable. These are not just numbers, they are the reflection of a new Telangana — progressive, inclusive, and future-ready," Sridhar Babu said.
Addressing delegates from around 25 countries, including Brazil, Germany, Russia, Cameroon, Malta, the UK, Bulgaria, Belgium and the UAE, he said: "While other states follow trends — Telangana creates them. So don't just come here to invest. Come to co-create. Be a part of a transformative journey."
He said Telangana was keen to collaborate globally in areas such as agro-innovation, AI-driven governance, smart healthcare systems, digital farming, future-ready education, sustainable manufacturing, and clean energy.
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