Economy of Telangana

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Cyber towers at Hyderabad, the state capital and largest city in Telangana

The Economy of Telangana is mainly driven by agriculture. Two important rivers of India, the Godavari and Krishna, flow through the state, providing irrigation. Rice, cotton, mango and tobacco are the local crops. Recently, crops used for vegetable oil production such as sunflower and peanuts have gained favour. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects and Nagarjuna Sagar Dam, the world's highest masonry dam.[1][2]

The state has also started to focus on the fields of information technology and biotechnology. Telangana is one of top IT exporting states of India. There are 68 Special Economic Zones in the state.[3]

Telangana is a mineral-rich state, with coal reserves at Singaerni Colleries.[4]

Power[edit]

NTPC Ramagundam SWITCHYARD

Hydel and thermal power projects in the state meets the power requirements of the State. Number of new power projects are coming up in the State which is expected to generate additional power capacity in the state.

Transportation[edit]

Roads[edit]

Outer Ring Road (Nehru ORR) at Narsinghi in Hyderabad

Airways[edit]

Rajiv Gandhi International Airport at Hyderabad

Telangana has a World class airport in Rajiv Gandhi International Airport, Hyderabad. It is the second public-private partnership venture in the Indian airports and has been named amongst the world's top five in the annual Airport Service Quality (ASQ) passenger survey along with the ones at Seoul, Singapore, Hong Kong and Beijing. Hyderabad has an air-cargo complex with customs clearance. Direct flights to Singapore, Sharjah, Kuwait, Muscat, Malaysia, Dubai and New York operate from Hyderabad. Govt. of India renamed the Rajiv Gandhi International Airport after NT Rama Rao.[5]


Industrial infrastructure[edit]

Industrial estates, and industrial parks[edit]

The State Government is in the process of developing Industrial Parks at different places, for specific groups of industries. The existing parks are Software Park at Hyderabad, Hitec city for software units, Apparel Park at Gundlapochampalli, Export Promotion Park at Pashamylaram, Bio-technology park at Turkapally. Agri Export Zones for the following produce are proposed at the places mentioned against them:

Agriculture[edit]

Rice is the major food crop and staple food of the state. Other important crops are tobacco, mango, cotton and sugar cane. Agriculture has been the chief source of income for the state's economy. Important rivers of India, the Godavari, Krishna flow through the state, providing irrigation. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects and Nagarjuna Sagar Dam, the world's highest masonry dam.

Industries[edit]

Hitech city is the major IT Hub of Telangana

Several major industries are in operation around Hyderabad, which has now been nicknamed as Cyberabad due to its Information Technology foray and location of major software industries in the city. Another industrial location is Visakhapatnam which is also one of the major sea ports of India. The State is promoting Information Technology in a big way and has one of the IT parks in Hyderabad. Automobiles and Auto components Industry, spices, mines and minerals, Texttiles and apparels, IT industry, Bulk drugs and pharmaceutical, horticulture, poultry farming are the main industries in Telangana.

Resources[edit]

The wide variety of minerals from the state is being traded or consumed in Power, Metals, Alloys, Cement, Chemicals, Paint, Cosmetic, Glass, Ceramics, Refractory and manufacture of various down stream industries.

Tourism[edit]

Charminar, Salarjung Museum, Golconda Fort, Warangal fort are some of the

important tourism locations generating revenue in tourism department.

References[edit]

  1. ^ "Agriculture dept. of Telangana". 
  2. ^ "Key Sectors of Telangana". 
  3. ^ ,09.pdf "TG Special Economic Zones". sezindia. Retrieved 3 June 2014. 
  4. ^ "The Singareni Collieries Company Limited". scclmines. Retrieved 3 June 2014. 
  5. ^ "Modi govt mulls renaming Hyderabad’s Rajiv Gandhi International Airport after NT Rama Rao" (May 29, 2014). Times of India. Retrieved 18 July 2014.