What's Happening?
Telangana's Agriculture Minister Tummala Nageswara Rao announced that the Telangana Rising Global Summit 2025 will be pivotal in the state's goal to become a $3 trillion economy by 2047. Currently valued at $200 billion, Telangana plans to expand its
economy 15-fold over the next two decades. The summit will highlight the state's agricultural potential, foreign investment opportunities, and long-term development vision. Key initiatives include IoT-based micro-irrigation, agritech research, and linking Farmer-Producer Organisations with food delivery companies.
Why It's Important?
The summit represents a significant step in Telangana's economic strategy, focusing on agriculture as a cornerstone for growth. By enhancing productivity and expanding exports, the state aims to attract foreign investment and boost farmer incomes. The initiatives could position Telangana as a leader in agritech and sustainable agriculture, contributing to India's overall economic development. The focus on technology-driven agriculture aligns with global trends towards smart farming and could serve as a model for other regions.
