Telangana state has secured major investments worth 1 lakh 78 thousand crore rupees during the World Economic Forum at Davos. Agreements with 16 prominent companies are set to create over 47 thousand jobs, driving growth across key sectors like renewable energy, technology, manufacturing, and healthcare. An official release stated that the state’s investor-friendly policies and strategic infrastructure have been instrumental in attracting these commitments.
In the renewable energy sector, Sun Petrochemicals announced a 45 thousand 500 crore rupees investment for pumped storage hydropower and solar power projects, while Megha Engineering (MEIL) committed 15 thousand crore rupees for energy and tourism projects. The technology and data centre space saw significant traction, with Amazon Web Services with 60 thousand
crore, CtrlS 10 thousand crore, and Blackstone 4 thousand 500 crore rupees committed investments.
The IT sector witnessed expansions by HCL, Infosys, and Wipro, bringing over 30 thousand jobs collectively. In aerospace and defence, Skyroot Aerospace and JSW Company committed investments in rocket manufacturing and unmanned aerial systems. Meanwhile, Unilever, Akshat Green Tech, and Eclat Health Solutions are driving growth in manufacturing and healthcare, further diversifying the investment portfolio.
The state government claimed that these investments reflect its robust policies, world-class infrastructure, and investor-friendly governance and cement its position as a hub for innovation, sustainable energy, and technology-driven growth.