Commerce Dashboard

About Telangana State: Tourism & Agriculture, Industries, Economy Growth Rate

Last updated on May, 10 2021

Economic Snapshot
Per capita Income

 

Factfile

  • Capital:Hyderabad
  • Geographical Area (sq km):114,840
  • State Language:Telugu, Hindi and English
  • Literacy Rate:66.5 per cent
  • Key Industries:Information technology, pharmaceuticals manufacturing, tourism, textile, mines and minerals

Telangana State Report | December, 2020

Telangana was formed in June 2014 with Hyderabad as its capital. The state was formed as a result of the split of erstwhile Andhra Pradesh state. The state is land locked by (new) Andhra Pradesh to the south and the east, Maharashtra and Karnataka to the west, and Odisha and Chhattisgarh to the north.

Telangana's Gross State Domestic Product (GSDP) is estimated to expand at a Compound Annual Growth Rate (CAGR) of 13.84% (in Rupee terms) to reach Rs. 11.05 trillion (US$ 156.78 billion) between 2015-16 and 2020-21BE. Tertiary sector has been the fastest growing sector, growing at a CAGR of 15.69% (in rupee terms) between 2011-12 and 2019-20, accounting for 65.19% share of the overall GSDP.

As of November 2020, the total installed power capacity in Telangana was 16,626.97 MW. Of this, 7,953.65 MW was contributed by state utilities, 6,527.82 MW (private utilities) and 2,145.50 MW (central utilities). Thermal power was the largest contributor to the state’s total installed capacity with 9,640.54 MW, followed by hydropower (2,479.93 MW), renewable energy (4,357.77 MW) and nuclear power (148.73 MW).

The capital city of Hyderabad is a hub for information technology (IT) and pharmaceutical sectors. Hyderabad was ranked second among the top 20 global cities in JLL’s City Momentum Index (CMI) 2019. IT & ITeS export from Telangana grew at a CAGR of 10.55% to reach Rs. 1,09,219 crore (US$ 15.63 billion) in 2018-19. Leading IT companies like Facebook, Google, IBM, and Microsoft hold significant presence in Hyderabad.

As of February 2020, Telangana had 29 operational Special Economic Zone (SEZs), 56 notified SEZs, and 63 formally approved SEZs.

Hyderabad also account for approximately 20% of India's total pharma export. The state government plans to set up a pharma city and promote public private partnership to develop the state's pharma sector.

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.

According to Department for Promotion of Industry and Internal Trade (DPIIT), cumulative Foreign Direct Investment (FDI) inflow in Telangana totalled US$ 1,347.74 million during October 2019 and September 2020.

Key Sectors:

  • 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.
  • In December 220, IBM and the Telangana state government announced collaboration to provide curated online courses for the state’s students (to enhance their technical and professional skills).
  • Pharmaceutical exports also have a majority share in the total merchandise exports from the state. In 2019-20, pharmaceutical product exports** from the state stood at US$ 4.63 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.
  • Telangana is the pharmaceutical manufacturing hub in the country, attracting over Rs. 10,000 crore (US$ 1.49 billion) in investment in the life sciences sector over the last four years.
  • In 2018, domestic tourist arrival in the state stood at 92.8 million, whereas, foreign tourist arrival crossed over 0.32 million.
  • In 2018-19**, Telangana produced 3.49 million tonnes and 374,300 tonnes of rice and pulses, respectively.

**- As per 2nd advance estimate

Factfile

  • Capital:Hyderabad
  • Geographical Area (sq km):114,840
  • State Language:Telugu, Hindi and English
  • Literacy Rate:66.5 per cent
  • Key Industries:Information technology, pharmaceuticals manufacturing, tourism, textile, mines and minerals
Telangana Map

Telangana