Telangana Operationalises 40% Investments
Projects by firms like HCLTech and Aragen Life Sciences gain momentum across sectors
Hyderabad: The Telangana government has operationalised about 40 per cent of the Rs 2.19 lakh crore investment commitments secured during the World Economic Forum annual meeting in 2024 and 2025, following the Congress assuming office in December 2023.
Official sources said the implemented investments are largely in the IT and industries sectors, with several Global Capability Centres (GCCs) and data centre projects either inaugurated, under construction, or at advanced stages. Facilities of companies such as Eclat Health Solutions, Systra, Qcentrio and HCLTech became operational in 2025. Aragen Life Sciences also operationalised its R&D campus at IDA Mallapur in November 2025.
About 34 per cent of commitments from the WEF meetings are long-term and are at various stages of execution, primarily in pumped-storage and renewable energy projects. The government is expediting approvals and allotments for the remaining investments as it approaches its mid-term.
Progress has also been reported on investment commitments made during the Telangana Rising Global Summit 2025 held in December 2025. Of the 75 MoUs signed, 14 have been operationalised in the past four months, involving investments of Rs 30,230 crore and the allocation of 255.97 acres of land.
Projects under implementation include a Rs 15,000-crore investment by GMR Group in MRO services, cargo operations and aviation manufacturing. Land has been allotted to firms such as Apollo Microsystems and ITP in Hardware Park. In the food processing sector, allocations have been made to Vintage Coffee House, KJS India and Deepak Nexgen.
An integrated steel plant by Krishna Power Utilities with an investment of Rs 5,000 crore and cement capacity expansions by Ultra Bright Cements and Rain Cements worth Rs 1,200 crore and Rs 760 crore, respectively, are under construction.
The proposed Bharat Future City has attracted investor interest, with 16 of the 75 MoUs linked to projects in the development. These span multiple zones, including entertainment, health and medical tourism, AI City, education and electric vehicle manufacturing.
At the WEF 2026 meeting, the state secured additional investments worth Rs 24,500 crore. UPC Volt has proposed a Rs 5,000 crore, 100 MW data centre campus in Bharat Future City, while Rashmi Group has expressed interest in a Rs 12,500 crore steel production facility and allied industrial activities.
