Telangana Poised to Lead India's Next-Gen Materials Revolution, Says Sridhar Babu
The minister portrayed this as an economic boon, creating jobs, boosting farmer incomes, and establishing India as a circular economy benchmark
Hyderabad: IT and industries minister Duddilla Sridhar Babu on Friday said that the state was ready to spearhead India's shift toward sustainable next-generation materials, positioning Hyderabad as a global hub for low-carbon innovation.
During a key session of the World Economic Forum at Davos, being co-hosted by Canopy, No. 17 Foundation, and Tsao Pao Chee Group, a blueprint to decarbonise materials supply chain with a $2 billion investment was unveiled.
This initiative targets commercial-scale production of high-value fibres from agricultural residues and recycled textiles, reducing reliance on carbon-intensive wood pulp and aiming for 1.5 million tonnes of capacity in India as the first phase of a 78 billion dollar global effort by 2033.
Sridhar Babu, in his keynote, linked the blueprint to Telangana's "Rising 2047" vision, emphasising the state's policy clarity, advanced manufacturing ecosystem, and talent pool.
"In Telangana, agricultural residues can become raw material for next-generation fibres that power our textile, paper, and packaging industries. When waste becomes valuable, farmers earn more, factories gain stable supply, and our cities breathe cleaner air," he stated.
He also signalled Hyderabad's readiness to anchor India's role in global supply chain restructuring amid climate commitments.
The minister portrayed this as an economic boon, creating jobs, boosting farmer incomes, and establishing India as a circular economy benchmark. Hyderabad's strengths in textiles, packaging, and deep-tech, coupled with governance stability, make it ideal for rapid execution and attracting international investors.