Latest news with #RevanthReddy
Hans India
3 hours ago
- Business
- Hans India
Advanced policies soon to make TG compete in world, says CM
Hyderabad: Chief Minister A Revanth Reddy has said that the State Government will bring a slew of advanced policies to compete with the world in the establishment of industries. The Chief Minister laid the foundation stone to the new unit of Ichor Biologics on Tuesday. Speaking on the occasion, the CM said Hyderabad has already emerged as the world's bulk drugs capital. 33 percent of the country's vaccines and 43 percent of bulk drugs are being produced from Hyderabad. The city of Hyderabad also made its own mark in exporting vaccines from Genome Valley to the world during the Covid pandemic, Revanth Reddy said, adding that the government is taking decisions in tune of with the industrial policies adapted in the previous government, which remained unchanged. Stating that Hyderabad will become a data city in the coming days, the CM said the state already signed agreements for attracting Rs 3.28 lakh crore investments. The Chief Minister reiterated that Telangana will be developed into a $1 trillion economy by 2035. The CM appealed to the Genome Valley entrepreneurs to support the state in achieving the goals.
The Hindu
18 hours ago
- Business
- The Hindu
Taking all efforts to attract firms with China +1 strategy: Telangana CM
The Telangana government is making all out efforts to create the atmosphere, infrastructure and policies required to attract global firms pursuing a China Plus One strategy, Chief Minister A. Revanth Reddy said here on Tuesday. 'We are working hard to create the atmosphere.' he said, seeking to highlight how Telangana by virtue of emerging as a hub for various industries and sectors is well positioned as firms scout for locations globally to diversify their manufacturing beyond China. Speaking at the foundation laying of home grown specialty biopharmaceutical company Ichor Biologics' 1.75 lakh sq ft plant in Hyderabad's Genome Valley, Mr. Revanth Reddy asserted as more and more investors look towards India 'we are here to support'. The global trend is in line with bigger growth ambitions Telangana has set for itself. The State is competing for investments with other countries and not States, the Chief Minister declared, adding stability in policies for industries, including those on incentives and project approvals, remains the hallmark of the State through the regime of TDP, previous Congress and BRS regimes since the 1990s. Apart from accelerating the process of industrial development, his government in the 18 months since assuming office has been instrumental in attracting ₹3.2 lakh crore fresh investments. He also sought to emphasis the role of industries in achieving the Telangana Rising aspirations and goals, including the State shaping into a $1 trillion economy by 2035 and contributing 10% to the $30 trillion economy by 2047 that India has set out to achieve. IT and Industries Minister Sridhar Babu told the gathering the government is working to transform the State into a global hub for life sciences. Life sciences sector in the State recorded an impressive CAGR of 23%, well above the national average of 14% and contribute 2.5-3% to Telangana's GSDP, compared to the national average of 1.5%, underscoring the State's leadership in this space. Citing CBRE Global Life Sciences Atlas 2025, he said Hyderabad has earned a place among the world's leading life sciences clusters alongside Boston, San Francisco, Cambridge and Tokyo. Hyderabad is the first Indian city to feature in this list. In 2024, Life Sciences companies leased 2.4 million sq ft of office space in Hyderabad — up from 1.8 million sq ft in 2023 and 0.6 million sq ft in 2022, reflecting the sector's exponential growth. Speaking on the occasion, Labour Minister Venkat Swamy appreciated Ichor Biologics' leadership for the significant progress the company has made over the years. The company said it was established in 2011 and operationalised in 2013 at Genome Valley and focused on development and commercialisation of high-purity plasma-derived therapeutics. The new facility will employ hundreds of people.
India Today
20 hours ago
- Entertainment
- India Today
Telangana Chief Minister Revanth Reddy launches Shrimad Bhagavatam film project
Chief Minister of Telangana Revanth Reddy highlighted the significance of the film industry in Telangana's economic future during a recent event at Ramoji Film City. At the launch of a new film project, 'Shrimad Bhagavatam Part-1', he spoke about the state's ambitious plans to boost its economy through strategic event celebrated the idea of bringing the epic 'Shrimad Bhagavatam' to the screen. Reddy acknowledged the film team's efforts, noting, 'I congratulate the movie team for coming up with the idea of making the film 'Shrimad Bhagavatam'.' He also recalled the popularity of the Ramayan serial, stating, 'Around 40 years ago, the Ramayan serial brought the epic Ramayana closer to every household.'advertisementReflecting on past successes, Reddy mentioned how a re-telecast of the Ramayan serial during the Covid-19 pandemic set a world record. He connected this to the present project, wishing it similar success: 'Just as Ramanand Sagar's Ramayan serial became hugely popular in those days, I wish that 'Shrimad Bhagavatam Part-1' becomes equally successful.' Akash Sagar Chopra, the producer of the project, shared an Instagram post thanking the Chief Minister. He wrote, 'Deeply honoured and grateful to have the Hon'ble Chief Minister of Telangana, Sri Revanth Reddy Garu, grace the grand Muhurat Ceremony of our multi-part magnum opus – 'Shrimad Bhagavatam Part-1', held at Ramoji Film City (sic).'He further added, 'This multi-part cinematic journey aims to bring the divine verses of our greatest Purana to life on the big screen — and it all began with your hands blessing the first clap!' A screenshot of Akash Sagar Chopra's Instagram post As part of Telangana's growth strategy, Revanth Reddy introduced plans for significant economic milestones. 'We have resolved to transform Telangana into a $1 trillion economy by 2035,' he stated, with further plans to 'make it a $3 trillion economy by 2047.' These goals will be detailed in the state's Vision Document 2047, which will include a dedicated chapter on the film his remarks, Reddy extended his best wishes to the film project team, underlining the cultural and economic potential of such initiatives. With the Vision Document 2047 in mind, the film industry looks set to play a pivotal role in Telangana's development path.- EndsMust Watch
Hans India
21 hours ago
- Health
- Hans India
CM Revanth Reddy Launches Icore Biologics Industry in Genome Valley
In a significant move for the biotechnology sector, Chief Minister Revanth Reddy visited Samirpet's Genome Valley to lay the foundation stone for the Icore Biologics Industry. The event was attended by Ministers Sridhar Babu and Vivek, along with senior officials and various stakeholders. Speaking at the ceremony, CM Reddy highlighted the crucial role that the Genome Valley has played in establishing Telangana as a leader in the biotechnology industry. "The industries in Genome Valley have brought recognition to Telangana. We produce 33 percent of the country's vaccine production from Genome Valley alone. At a time when the world was gripped by fear of Covid-19, we manufactured vaccines here and were able to supply them to countries around the world," he stated. The establishment of Icore Biologics is expected to further strengthen Telangana's position in the global biotech arena and enhance its contributions to vaccine development and production.
India Gazette
a day ago
- Politics
- India Gazette
People repenting for supporting Congress and BRS: Telangana BJP President Ramchander Rao
Nalgonda (Telangana) [India], July 15 (ANI): Telangana State BJP President N Ramchander Rao, on Monday, called upon party workers to get themselves ready to launch an agitation against anti-people policies of the Congress government, which has failed to fulfil promises given to the people. As per a release, Rao said that the people of the state have realised and expressed repentance for electing the Congress party into power after falling prey to its hollow promises, which deceived farmers and students. The BJP president asserted that now people are looking towards the BJP, hoping that this party alone can provide a 'golden and a true democratic government to meet the aspirations of the poor and downtrodden. He appealed to people to give the BJP a chance, as they have acknowledged their mistakes by voting for BRS and Congress. 'Let us build a Viksit Telangana with double engine sarkar (governments) and ask people to provide a chance to the BJP in the next elections,' he said. Ramchander Rao embarked on a two-day tour programme in Nalgonda and Suryapet districts to rejuvenate and encourage party workers to keep ready to face elections, including proposed local body elections in the state. He said the party would contest all elections from the village to the ZPTC level in local body elections on its own. The Telangana BJP President demanded that the Revanth Reddy government provide a ration card to each and every eligible poor family in the state, as there were reports that the ruling party is trying to give ration cards to only Congress workers. He further stated that the central government is providing rice under the Pradhan Mantri Garib Yojana scheme free of cost, which is being distributed through Ration shops, adding, 'But instead of expressing gratitude to the Centre, the state government is taking credit for it and even removed photos of Prime Minister Narendra Modi at ration shops.' Raising the issue of 42 per cent BC reservation, Ramachander Rao said the BJP is not against reservations, but in the name of providing reservations to BC, a 10 per cent reservation on religious-based quota is not acceptable. Stating that religion-based reservations would affect and do injustice to the Backwards classes, Rao called upon the BCs to prepare for an agitation for justice. It was the Revanth Reddy government that brought the BC reservation bill to the assembly, and it was the responsibility of his government to implement the BC reservations. He asked the BC community to launch an agitation against religion-based reservations and said even the Supreme Court had struck down reservation quotas made on the basis of religion. BJP would launch agitations in the coming days on various people's problems including anti-people, anti- farmers, anti-students and highlight failures of Revanth Reddy government and its inefficient functioning, Rao said and alleged that Congress party become a slavery of Sonia Gandhi family and chief minister Revanth Reddy is pawn in the hands of that family. Rao called upon people to fight to liberate Telangana state from the hands of the Gandhi family, as people had fought against the erstwhile Nizam rule to liberate the state. (ANI)
