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

Latest update: July, 2018

Economic Snapshot
Economic Snapshot

 

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

Last Updated: July, 2018

Telangana State Report | May, 2018

Telangana, the 29th state of India, 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 east, Maharashtra and Karnataka to the west, and Odisha and Chhattisgarh to the north.

Telangana's Gross State Domestic Product (GSDP) expanded at a Compound Annual Growth Rate (CAGR) of 12.60 per cent (in Rupee terms) to US$ 113.68 billion between 2011-12 and 2017-18. At a CAGR of 15.99 per cent (in Rupee terms), tertiary sector has been the fastest growing sector from 2011-12 to 2017-18. During 2017-18, tertiary sector accounted for 59.03 per cent share in the overall GSDP. As of May 2018, the total installed power capacity of Telangana state was 15,087.13 MW.

The capital city of Hyderabad (also the capital for earlier larger Andhra Pradesh state) is a hub for information technology (IT) and pharmaceutical sectors. During 2016-17, export of IT products of Telangana was US$ 12.74 billion. Leading IT companies like Facebook, Google, IBM and Microsoft hold significant presence in Hyderabad.

Hyderabad also accounts for approximately 20 per cent of India's total pharma exports. 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 the Department of Industrial Policy & Promotion (DIPP), cumulative FDI inflows in Telangana from April 2000 to December 2017 totalled US$ 14.524 billion.

Key Sectors:

  • Under the Department of Information Technology, Electronics & Communications, the Government of Telangana has introduced Telangana IT Policy, 2016 in April 2016 for the uplifting the performance of the sector in the state.
  • 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.
  • Number of foreign tourists visiting the state has more than doubled from 0.07 million in 2014 to 0.18 million in 2017.
  • During 2017-18, 606,000 hectares of area was under cultivation of maize, whereas pulses were cultivated over an area of 534,000 hectares, in the state

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