Nearly a decade after its formation from Andhra Pradesh, Telangana is set to host its first-ever global investors summit. Scheduled for the second half of 2024, likely between October and December, this highly anticipated event marks a significant milestone for the state.
The last global investor summit in Hyderabad was held in January 2012, when the city hosted the CII Global Partnership Summit. This long hiatus highlights the importance of the upcoming event, as the state government intensifies its efforts to position Telangana as a premier global investment destination.
Upcoming Global AI Summit
One of the key events leading up to the global investors summit is the Global AI Summit, scheduled to take place after the Lok Sabha elections, sometime in June or July this year. The summit aims to bring together global players in the AI space, fostering discussions that will shape the future of artificial intelligence. The participation of leading AI firms and experts will be crucial, as the summit’s deliberations are expected to pave the way for tomorrow’s AI advancements.
New Policies on the Horizon
The Telangana government is also preparing to unveil several innovative policies across various sectors to attract global investments and drive sustainable development.
Life Sciences Policy
During the BioAsia 2024 inaugural, the government announced its intent to introduce a new dynamic life sciences policy. This policy will uniquely integrate life sciences, technology, pharma, and regulatory agencies, positioning Telangana at the forefront of healthcare innovation.
MSME Policy
A dedicated policy for Micro, Small, and Medium Enterprises (MSMEs) is also in the works. The government is fine-tuning this policy in consultation with industry associations, focusing on sectors such as aerospace and defense. This initiative aims to strengthen the MSME sector and integrate it into the global supply chain.
Flexible Energy Policy
Telangana is set to introduce a flexible energy policy to ensure sustainable development. The state has lacked a comprehensive energy policy for the past decade, with previous regulations being somewhat restrictive, particularly the 1MW cap on solar power generation. The new policy aims to address these issues, promoting more sustainable and expansive energy solutions.
Why Invest in Telangana?
Telangana’s strategic initiatives and policy reforms are clear indicators of its commitment to becoming a global investment hub. By hosting high-profile summits and introducing forward-thinking policies, the state is creating an environment conducive to innovation, growth, and sustainability.
We believe these developments will significantly enhance the attractiveness of Telangana as an investment destination. The integration of advanced technologies, coupled with supportive government policies, creates a fertile ground for both domestic and international investors. As a leading real estate firm in the region, we are excited about the opportunities these changes will bring and are here to help you navigate and capitalize on them.
Join us at Adhiran Group in exploring the immense potential that Telangana has to offer. With our expertise and the state’s progressive vision, your investments are set to achieve unprecedented growth and success.
