CM Seeks US Partnership for $1 Trillion Economy Vision by 2035

Quick Summary

• Event: Chief Minister A. Revanth Reddy participated in the 249th US National Day party in Hyderabad, hosted by US Consul General Jennifer Larson.
• Economic Ties: CM highlighted that over 200 American companies from sectors such as IT,pharmaceuticals,defence,manufacturing,and aerospace operate in Hyderabad. Efforts are ongoing to deepen trade ties between Telangana and the United States.
• Economic Vision: Telangana aims to become a $1 trillion economy by 2035 and a $3 trillion economy by 2047. CM sought U.S. support for technology innovation and investment to achieve these goals.
• Cultural Exchange: Reddy noted the strong presence of Telugus in the U.S., including students and professionals, emphasizing cultural collaboration like Telugu language growth abroad.
• historic Outlook: Foundations of current US-Telangana ties were attributed to former CM Y.S. Rajasekhara Reddy’s tenure during which Hyderabad saw the establishment of the US consulate General.
• Diplomatic Remarks:

– Jennifer Larson appreciated Hyderabad’s leadership in innovation and contributing toward strengthening U.S.-India relations.
– Jorgan Andrews called India-US ties a partnership built on shared democratic values.

Indian Opinion Analysis

The growing collaboration between Telangana and American entities reflects India’s broader economic aspirations tied closely with global partnerships for innovation and investment. with over 200 American firms operating from Hyderabad across diverse sectors-and continuing diplomatic engagement-the state is positioning itself as an essential hub for international commerce within India.CM Revanth Reddy’s ambitious vision underscores his management’s confidence in leveraging institutions like the U.S.-Telangana alliance to accelerate growth into targeted economic milestones ($1 trillion by 2035). Such proposals could bolster India’s technological competitiveness regionally while strengthening bilateral relationships firmly rooted in shared values.

Cultural exchanges-including Telugus flourishing abroad-help foster goodwill beyond business transactions but resonate with India’s soft power aspirations globally.

For deeper progress however success realisation depends combined actual execution scale readiness linkage facilitation capacity between governments consortia involving academia 기업 Read more