Image Source: Forbes India
Telangana is setting ambitious economic goals, aiming to become a $1 trillion economy by 2035. The state government is implementing strategic policies focused on industrial zoning, skill development, and workforce participation, particularly emphasizing youth employment and women’s economic inclusion.
1. Key Economic Strategies & Industrial Expansion
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The government is zoning industrial growth, with services concentrated within the Outer Ring Road (ORR) and manufacturing hubs around the Regional Ring Road (RRR).
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Telangana’s current economy stands at $200 billion, with Maharashtra leading at $500 billion. The state aims to fast-track its growth trajectory through targeted investments and policy reforms.
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Chief Minister A. Revanth Reddy has emphasized that manufacturing will be the primary driver of economic expansion, creating blue-collar jobs and boosting state revenue.
2. Youth Employment & Workforce Development
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The government is prioritizing skill development programs to enhance youth employability across Telangana.
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Women’s participation in the labor force is being actively encouraged, with initiatives to increase ownership in green energy projects.
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The state’s slow population growth rate is seen as an advantage, allowing for sustainable economic planning.
3. Future Outlook & Challenges
Telangana is projected to reach a $3 trillion economy by 2047, aligning with India’s broader economic vision.
The government acknowledges debt burdens and environmental concerns as challenges but is committed to addressing them through policy interventions.
Sources: Times of India, Hindustan Times, Telangana Today
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