Telangana CM Revanth Reddy outlines Vision 2047, dividing the state into three economic zones to target a $1 trillion economy by 2034 and $3 trillion by 2047. Strategy to be unveiled at the global summit.

Telangana Chief Minister A Revanth Reddy has directed state officials to restructure the economic framework by dividing the state into three zones as part of Vision 2047. At a high-level review meeting on Thursday, the CM asked departments to finalise the roadmap targeting a $1 trillion economy by 2034 and $3 trillion by 2047.

The development model will categorise Telangana into three regions Core Urban Region Economy (CURE), Peri Urban Region Economy (PURE), and Rural Agriculture Region Economy (RARE). These zones will shape the state's long-term planning, which the Chief Minister emphasised must be both realistic and sustainable, ensuring there is no policy paralysis.

The Vision 2047 document will be unveiled during the Telangana Rising Global Summit scheduled for December 8–9 at Bharat Future City, which is currently being developed to host the event. The summit aims to highlight investment opportunities and outline government incentives across sectors.

Officials said the blueprint would focus on equitable growth, empowerment of women and youth, and sustainable development. Key industries identified for future growth include pharma, life sciences, aerospace, quantum technology, AI, startups, MSMEs, tourism, and exports. Agriculture will also feature prominently, with the goal of doubling farmers’ income and strengthening rural economies.

Reddy said Telangana is prepared to compete not only with neighbouring states but with global economic leaders such as China and Japan. Strengths like transparent governance and ease of doing business have already propelled the state as a preferred investment destination.

Experts note that classifying regions based on economic potential could allow for targeted development and ease project execution. Positioning the state as an innovation and global investment hub may help Telangana move beyond conventional growth models. However, the success of such long-term planning will depend on execution continuity over successive governments.