The two-day summit, held at Bharat Future City on the outskirts of Hyderabad, saw MoUs signed across multiple sectors including food and agriculture, electronics, manufacturing, data centres, and biotechnology.
Chief Minister Revanth Reddy also launched the vision document “Telangana Rising 2047” at the event, with industrial leader Anand Mahindra, former RBI Governor Duvvuri Subbarao, Deputy chief minister Bhatti Vikramarka, film actor and former minister of state for tourism Chiranjeevi, and senior government officials, in attendance.
Top firms who pledged investments included Godrej Industries Group, Reliance Consumer Products Limited (RPCL), Kaynes Technology India Limited, and Bharat Biotech, among others. At the Telangana Rising Global Summit, the Godrej Group pledged Rs 150 crore to expand its dairy business, requiring 40 acres of land. Meanwhile, Reliance’s FMCG arm plans to build a manufacturing facility for beverages, snacks, confectionery, and other consumer products with a Rs 1,500 crore investment, while electronics manufacturer Kaynes has committed Rs 1,000 crore as part of its expansion plans.
Some of the largest commitments came in digital infrastructure and data centres. JCK Infra pledged Rs 9,000 crore for data centre facilities, promising nearly 2,000 jobs. APG Group plans to invest Rs 6,750 crore for a hyperscale data centre campus, while Infrakey Data Centre Parks announced an investment of Rs 70,000 crore.
These investments come as the state continues to attract global players, including Tokyo-headquartered NTT DATA Group, which announced a Rs 10,500 crore AI data centre cluster in Hyderabad in April.
On the first day of the summit, around 35 major agreements were signed, with the Brookfield-Axis Energy Ventures consortium committing to an MoU worth Rs 75,000 crore. The Adani Group is also setting up a 48-megawatt cutting-edge AI green data centre in Telangana with an investment of Rs 2,500 crore, Karan Adani, managing director of Adani Ports & SEZ Ltd, announced while addressing the inaugural session on Monday.