Recent Development in Key Sectors

• As of August 2022, the total installed power capacity in Telangana was 18029.39 MW. Of this, 8,763.65 MW was contributed by state utilities, 7,238.86 MW by private utilities and 2,026.88 MW central utilities.
• As per statistics of the Airports Authority of India, freight traffic at Hyderabad airport stood at 61,058 MT in FY23 (Until August 2022).
• As of July 2022, Telangana had 35 operational SEZs, 57 notified SEZs and 64 formally approved SEZs.
• Production of fruits & vegetables reached 2,309.96 thousand tonnes and 1,682.28 thousand tonnes, respectively, in FY 2021-22.
• In 2021, domestic tourist arrival in the state stood at 320 million, whereas foreign tourist arrival stood at 0.5 million.
• The Telangana government has collaborated with pharma majors such as Dr. Reddy's Laboratories and Laurus Labs as well as academia to set up a one-of-its-kind flow chemistry technology hub (FCTH) at the Dr. Reddy's Institute of Life Sciences (DRILS)
• Microsoft will invest Rs. 15,000 crore (US$ 1.93 billion) over the next 15 years in Hyderabad to set up its largest Data Centre in the country.
• As per the State government data, Hyderabad has attracted investments nearly worth Rs. 7,500 crore (US$ 965.25 million) in the pharma, biotech and medical devices arenas over the last one year.
• Swiss major Ferring Pharmaceuticals has commenced operations in Hyderabad after the inauguration of world class manufacturing facility at Genome Valley. The company has invested around 30 million euros (US$ 31.3 million) for this facility.
• Granules India said it will invest Rs. 400 crore (US$ 51.48 million) over next 2 years to backward integrate its key products and set up a greenfield formulation facility near Hyderabad.
• In FY 2022-23, The Indian Railway Catering and Tourism Corporation (IRCTC) is targeting 200,000 tourists in Hyderabad for a projected earnings of Rs. 26 crore (US$ 3.34 million)
• In September 2021, the state government launched second Information Communication Technology (ICT) policy. The new ICT policy will focus on digital empowerment of citizens, innovation and entrepreneurship, and taking the innovation ecosystem to global levels. Along with the launch of the ICT policy, a memorandum of understanding was signed between Microsoft and the Telangana government through which the global tech company will support development of the local ecosystem through start-up programmes and skilling initiatives.
• In October 2020, the State Government rolled out 10-year Electric Vehicle (EV) policy with the aim to attract US$ 4 billion investments. The policy will aim to make the state a hub for electric vehicles and energy storage systems, and to create employment for 120,000 people through shared mobility, charging infrastructure development, and manufacturing activities.
• Pharmaceutical exports also have a majority share in the total merchandise exports from the state. In FY22, pharmaceutical product exports** from the state stood at US$ 4.66 billion.
• The State Government has undertaken the task of establishing Hyderabad Pharma City which will be the first of its kind, smart ecosystem creating a new international benchmark for sustainable industrial cities.
• As per the State government data, Hyderabad has attracted investments nearly worth Rs. 7,500 crore (US$ 965.25 million) in the pharma, biotech and medical devices arenas over the last one year. In FY21, there were 311 investment proposals in life sciences sector worth Rs. 6,734.56 crore (US$ 919.43 million).
• Hyderabad also account for approximately 20% of India's total pharma export. As a pharma and life sciences hub of the world, Hyderabad is poised to grow to a US$ 100 billion business generator by 2030, up from US$ 13 billion (2020), as per projections made in the Life Sciences report of the Telangana government.
• The state government plans to set up a pharma city and promote public private partnership to develop the state's pharma sector.
• IT & ITeS export from Telangana grew at a CAGR of 11.32% from 2013-14 to Rs. 1,45,522 crore (US$ 20.05 billion) in 2021-21. Leading IT companies like Facebook, Google, IBM, and Microsoft hold significant presence in Hyderabad.
• The Central Government recently announced formation of an Information Technology Investment Region (ITIR) near Hyderabad. With the establishment of the ITIR, the Government plans to generate 1.5 million direct and 5.3 million indirect jobs in the IT sector in the next five years.

Note: * - Includes drug formulation, biologicals, residual chemical and allied products, bulk drug and drug immediate, organic chemicals and other miscellaneous chemicals, **- As per 2nd advance estimate