The Telangana Rising Global Summit 2025 kicked off on Monday at Bharat Future City in Hyderabad, with major investment commitments from companies affiliated with US President Donald Trump's family.
Addressing the inaugural session, Eric Swider, Director of Trump Media and Technology Group Corp, said the firms he represents would invest a total of Rs 1 lakh crore in the next 10 years in Bharat Future City, a 30,000-acre area in South Hyderabad, that Chief Minister A. Revanth Reddy wants to develop into a net-zero city capable of rivalling Western cities.
Though no specific details were given in his address, Swider told Revanth Reddy that their companies would invest the amount in the Future City. He was also effusive about Reddy’s government naming the road adjacent to the US Consulate General Hyderabad, located in the Financial District area, after President Trump. After Swider's speech, Telangana Special Chief Secretary Jayesh Ranjan requested that he inform President Trump that a road in Hyderabad was named after him. A visibly happy Swider obliged the request.
Besides this, the Telangana government announced formalising 35 major agreements amounting to Rs 2.34 lakh crore in the areas of deep tech, green energy and strategic manufacturing, said a press release from the state government. The major objective of this summit is to showcase the Future City and attract investments for its development. Hence, most investments are focused on the development of Future City’s infrastructure and the establishment of deep-tech, entertainment, and education sectors.
With today's investment announcements, Bharat Future City could get a much-needed fillip since these investments would have a cumulative effect and spur real estate growth in the Future City area.
The event also became a launch platform for Telangana Rising 2047, a vision document that set the target of developing the state into a $3-trillion economy by 2047. In his speech, Revanth Reddy announced that Telangana has taken Guangdong province of China as its role model. The CM said this Chinese province topped China in growth rate for 36 years, recorded the highest growth rate in the world for the last 20 years and became the world’s magnet of investments.
“With CURE (Core Urban Region Economy), PURE (Peri Urban Region Economy) and RARE (Rural Agrarian Region Economy), Telangana's rise will become unstoppable,” stated the CM.
As per the vision document, while the CURE area within the Nehru Outer Ring Road (ORR) would house only the knowledge economy, service industries and the education sector, the PURE area—situated between the ORR and the Regional Ring Road (RRR)—would host industries. The Telangana government announced that it would shift all pollution-causing industries to PURE districts. The RARE areas will have only agriculture.