CM Revanth Reddy assures policy stability invites investors to Telangana

    Hyderabad, Jul 3 (PTI) Observing that investment policies have remained consistent despite changes in governments since the mid-1990s in undivided Andhra Pradesh and now Telangana, Chief Minister A Revanth Reddy on Thursday assured investors of the state government's full support.
    Speaking at the inauguration of Malabar Gems and Jewellery's manufacturing unit, he noted that the TDP and Congress each held power for 10 years in undivided Andhra Pradesh, followed by the BRS, which governed Telangana from 2014 to December 2023.
    “Now, our government has been in office since December 2023. But our policies on investments and industrial growth have not changed. Governments come and go, but our policies and incentives remain consistent. I want to assure every investor—we are here to support you," he said.
    “We are here to offer incentives. Come, invest, and do business. Telangana means profit—come and invest in Telangana,” he added.
    Reddy said the state is developing ‘Bharat Future City’ on 30,000 acres on the outskirts of Hyderabad, where the Malabar unit is located.
    He asserted that Hyderabad will “compete with the world”, and the state's youth possess the skills to make it happen.
    The government is preparing the ‘Telangana Rising 2047’ roadmap to envision the state's growth over the next 100 years.
    Consultancy firms from Singapore and other countries are assisting in drawing up development plans for the 'Future City', he added.

(This story has not been edited by THE WEEK and is auto-generated from PTI)