The Telangana government has finalized its ambitious long-term development blueprint, titled “Telangana Rising Vision Document-2047”, with the goal of transforming the state into a US$ 3 trillion economy by 2047, contributing nearly 10% of India’s projected GDP and positioning itself as a knowledge-driven and innovation-led economy. The document reflects the state’s commitment to strategic planning, human capital development, and sustainable growth over the next two decades.

The Vision Document is scheduled to be unveiled by Chief Minister A Revanth Reddy at the Telangana Rising Global Summit in Future City on December 8-9, 2025. The summit will not only serve as a launchpad for the economic roadmap but also highlight the achievements of the Congress government in Telangana over the past two years, according to a statement from the Chief Minister’s Office (CMO).

Growth Targets and Economic Trajectory

According to the draft document, Telangana’s current economic trajectory projects a Gross State Domestic Product (GSDP) of approximately US$ 1.2 trillion by 2047. To surpass this and reach the targeted US$ 3 trillion mark, the state government proposes a multi-pronged strategy emphasizing human capital development, productivity and innovation, and enhanced investment and savings.

The vision is anchored on three mutually reinforcing pillars:

1. Human Capital Development – Telangana plans significant investments in education, skills development, and healthcare, aiming to build a globally competitive workforce. The focus will be on strengthening foundational learning, advancing high-end research, and ensuring that the state’s talent pool drives sectoral innovation.
2. Productivity and Innovation – The state aims to boost total factor productivity by expanding the science, technology, and innovation ecosystem. Initiatives such as the Telangana Scientific Return Program, EduCities, and frontier technology missions are intended to convert research into enterprise while ensuring that every district contributes to the innovation economy.
3. Investment and Savings – Telangana will focus on raising domestic savings and investment through fiscal discipline, financial inclusion, deepening capital markets, and more efficient project execution. Policymakers aim to channel household and institutional savings into productive economic growth.

“These pillars collectively support Telangana’s transition into a high-productivity, innovation-led economy,” the document emphasizes.

Structural Economic Shift

The vision document outlines a gradual structural transition in Telangana’s economy. Over the next decade, the share of agriculture and industry in GSDP is expected to decline slightly from 17% and 18% to around 15% each, while the services sector is projected to expand from 65% to 70%, reflecting a move toward high-value, knowledge-driven services. By 2047, services alone are expected to contribute nearly US$ 1.9 trillion, more than two-thirds of the GSDP, followed by industry and agriculture contributing approximately US$ 0.4 trillion each.

The services sector growth will be fueled by IT, financial services, logistics, tourism, and creative industries, emulating trends in advanced regional economies. Meanwhile, industry will focus on manufacturing, clean mobility, life sciences, and semiconductor clusters, positioning Telangana as a next-generation industrial hub. In agriculture, the emphasis will shift from primary production to agri-food processing, exports, and functional foods, promoting rural prosperity and inclusive development.

Strategic Area-Based Planning

The vision also lays out a three-tier strategic area-based economic planning model:

1. Urban Core – Hyderabad and major urban clusters will serve as global hubs for technology, innovation, and high-end manufacturing.
2. Peri-Urban Zones – These areas will facilitate economic integration through medium-scale manufacturing and services.
3. Rural Telangana – Focused on agritech, livestock development, forest-based industries, handicrafts, cultural entrepreneurship, and eco-tourism to ensure inclusive rural growth.

The model aims to ensure balanced regional development, promote economic resilience, and reduce disparities across urban, peri-urban, and rural regions.

Inclusive Development Goals

The vision document places special emphasis on empowering women, youth, and farmers, and highlights human development and environmental sustainability. Telangana’s policymakers aim to achieve a net-zero goal while fostering a knowledge-driven and innovation-led economy. Programs for targeted skill development, education, and health infrastructure are envisioned to create a workforce capable of supporting advanced industries and high-value services.

Investment and Innovation Initiatives

The Vision Document proposes large-scale domestic and global investment flows to enhance productivity and innovation. Key initiatives include:

• Telangana Scientific Return Program – Encouraging highly skilled scientists and researchers to contribute to state-led innovation.
• EduCities – Establishing specialized education hubs for advanced learning, research, and skill-building.
• Frontier Technology Missions – Promoting cutting-edge research and conversion of innovation into market-ready solutions.

By linking research, innovation, and enterprise, the state aims to leverage its human capital to drive sustainable economic growth.

Long-Term Economic Impact

According to the projections, by 2047, Telangana is expected to emerge as one of India’s most dynamic and knowledge-driven economies, contributing nearly 10% to the national GDP. The Vision Document underscores the importance of integrated development across sectors, regions, and communities, ensuring that economic growth is both inclusive and sustainable.

Through this blueprint, Telangana aims to combine urban modernization, industrial expansion, and rural development to achieve a balanced, resilient economy. With a clear focus on human capital, innovation, and investment, the state is setting a roadmap to transform its economic landscape over the next two decades.