Overview
Telangana, one of India’s fastest-growing states, recorded a GSDP of ₹12.47 lakh crore in 2023–24, with a growth rate of 11.3%. The state’s per capita income stands at ₹2,68,270, reflecting a robust economic trajectory. Hyderabad, the capital, is a major hub for IT, biotechnology, and pharmaceuticals, contributing significantly to the state’s economic growth. Telangana also benefits from strong agricultural output and increasing industrialization.
Why Invest in Telangana
- IT & Tech Hub: Hyderabad is a leading center for IT, fintech, and biotechnology.
- Industrial Growth: Significant expansion in pharmaceuticals, aerospace, and manufacturing sectors.
- Strategic Location: Well-connected to key markets in India and globally.
- Government Support: Investor-friendly policies, especially in IT, manufacturing, and infrastructure development.
Incentives & Schemes
- Industrial Investment Policy: Attractive incentives for industries, particularly in IT, pharmaceuticals, and textiles.
- IT & Biotechnology Growth: Focus on research and development in the biotech and IT sectors.
- Infrastructure Development: Government schemes to enhance urban infrastructure, transport, and logistics.
Key Economic Data: Telangana
| Category |
Details |
| Capital |
Hyderabad |
| GSDP (2023–24) |
₹12.47 lakh crore |
| Growth Rate |
11.3% |
| Per Capita Income |
₹2,68,270 |
| Top Sectors |
IT, Biotechnology, Pharmaceuticals |
| FDI Share in India |
3.5% |
| Top FDI Sources |
USA, Singapore |
| Cumulative FDI (FY2024) |
₹7,000 crore (Q1) |
| Policy Impact |
Focus on industrial development, R&D, and infrastructure |
| Recent FDI |
₹1,500 crore (2020–21) |
Latest Insights
- Telangana attracted ₹7,000 crore in cumulative FDI by Q1 FY2024
- The state continues to thrive in IT, biotech, and manufacturing sectors.
- Government initiatives are driving innovation, infrastructure, and global investment in key sectors.
