Revanth Reddy shares Telangana's role in $30 trillion Indian economy by 2047 at NITI Aayog meeting
Telangana Chief Minister A. Revanth Reddy laid out a visionary roadmap of State's role in India's journey towards becoming a developed nation by 2047 and its role in a $30 Trillion economy India was looking to achieve.
Addressing the Governing Council of NITI Aayog in New Delhi on Saturday (May 24, 2025), he shared the vision of Telangana through a series of initiatives taken up by his Government, and sought continued support under the framework of cooperative federalism. The meeting was attended by Prime Minister Narendra Modi and Chief Ministers from across the country.
Emphasising the interconnected destiny of India's states, he presented 'Telangana Rising 2047' as an aspirational contribution to Viksit Bharat. He explained Telangana's resolve to be among the first states to achieve a $1 trillion economy, well ahead of national timeline.
He said with its history of doubling GSDP every six years, Telangana now targets a fivefold expansion within the current decade. With Hyderabad contributing nearly 2.5% to the national GDP, Telangana aims to raise its share to 8% by 2047, aspiring to a GSDP of $2.4 trillion. 'Though we comprise just 2.9% of India's population, our ambition is to lead with innovation, productivity and inclusive growth,' he said.
CM Reddy highlighted 'Bharat Future City', a 14,000-acre Net-Zero smart city aimed at housing 15 lakh residents and creating 7.5 lakh jobs. The city will feature innovation zones in AI, life sciences, EVs, and data technology, linked by expressways and metro network.
Telangana is aggressively expanding its digital ecosystem beyond Hyderabad through nine operational IT Towers and digital inclusion programmes like T-Fiber, he said. On the green front, the State targets 40 GW renewable capacity by 2035, with over 1,000 EV charging stations already active and a 100% road tax waiver for electric vehicles to boost adoption.
Citing its influence on national policy, including the Central Government's move toward a caste census, he referred to the caste survey and enacted legislation granting 42% reservations for Backward Classes in education and jobs, as well as political representation in local bodies.
Editorial | Planning better: On the NITI Aayog
The Chief Minister explained the ₹20,616 crore farm loan waiver benefiting over 25 lakh farmers and other initiatives in agriculture. Generating income for women through 1,000 MW of solar capacity through women's self-help groups, Young India Skill University and Rajiv Yuva Vikasam were other ideas shared by him. He also spoke of 60,000 government jobs and 1 lakh private jobs were filled in one year.
The Chief Minister paid tributes to India's security forces, reiterating Telangana's unwavering support for Operation Sindoor. He also invoked the legacy of former Prime Minister Indira Gandhi, whose leadership during the 1971 war was hailed as exemplary and reflective of India's capabilities.
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