Business Economy


Telangana's industrial GSVA grows 8.1 pc to Rs.3.04 lakh cr: Sridhar Babu

Hyderabad, Nov 4 (UNI) Telangana's industrial sector registered 8.1 per cent growth in 2025-26, taking its Gross State Value Added (GSVA) to Rs.3.04 lakh crore, while merchandise exports increased by 39.3 per cent, IT and Industries Minister D Sridhar Babu said on Wednesday.
Addressing the FICCI Centenary Celebrations and Telangana Deep-Tech Leadership Summit at ITC Kakatiya here, he said the State was developing infrastructure to emerge as a global deep-tech hub, with a focus on artificial intelligence, quantum technology, robotics, cybersecurity, semiconductors and advanced manufacturing.
He expressed confidence that Telangana could double its contribution to the country's GDP from the present 5 per cent to 10 per cent.
Sridhar Babu said 13 lakh people were employed across the State's industrial ecosystem as of December 2025. He called upon industry leaders, technology experts and innovators to help Telangana manufacture high-value products for global markets.
Deputy Chief Minister Mallu Bhatti Vikramarka said the government aimed to make Telangana a USD 1 trillion economy by 2034 and stressed the need for greater investment, testing facilities, certification infrastructure and public-private partnerships to promote deep-tech innovation.
The Deputy Chief Minister and Sridhar Babu released the FICCI-EY report titled Telangana DeepTech Blueprint, which outlines strategies to position the State as a global deep-tech innovation hub.
Special Secretary for Industries and Commerce S Krishna Aditya said 11 new policies and the Bharat Future City master plan would be unveiled at the Telangana Global Summit in December. A core innovation facility was also planned in the Core Urban Region, along with plug-and-play manufacturing clusters between the Outer Ring Road and Regional Ring Road.
FICCI Past President and Apollo Hospitals Joint Managing Director Dr Sangita Reddy, FICCI Telangana State Council Chairman V.V. Rama Raju, FTCCI President K.K. Maheshwari and other industry representatives attended the summit.
UNI VV BM
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