Hyderabad, June 26 (RAHNUMA): During the inauguration of the Industrial Innovation & Technology Expo 2026 at HITEX on Friday, Deputy Chief Minister Bhatti Vikramarka emphasised that for the Praja government,
industrial growth is not merely about investment statistics but about creating livelihoods for people.
Addressing the gathering, he said the Federation of Telangana Chambers of Commerce and Industry (FTCCI) serves as a strong bridge between the government and industry.
Bhatti Vikramarka described the industrial expo as more than just a showcase of machines and products. It is an excellent platform for exchanging ideas. The event provides small businesses with opportunities to find new customers, manufacturers to access cutting-edge technologies, and startups to connect with their first buyers, he said.
The Deputy Chief Minister stated that Telangana has earned the confidence of investors and witnessed robust industrial growth since the formation of the state. Hyderabad has gained global recognition in the IT, pharmaceuticals, and life sciences sectors. However, he emphasised that the state’s growth should not remain confined to the services sector.
Bhatti Vikramarka stressed the need to increase the contribution of industry, particularly MSMEs, to the state’s GDP, noting that manufacturing plays a vital role in employment generation and strengthening the rural economy.
Reiterating that industrial growth is about improving people’s livelihoods rather than just attracting investments, he said the government’s vision is to ensure that Ease of Doing Business benefits not only large companies but also small industries, women entrepreneurs, and rural entrepreneurs. To achieve this, he officially announced that he would dedicate every Friday to meeting MSME associations and representatives of the industrial sector to discuss their issues and suggestions.
Bhatti Vikramarka appreciated the Expo’s focus on future technologies such as electric mobility, renewable energy, robotics, artificial intelligence, and smart manufacturing. He also paid tribute to former Prime Minister Rajiv Gandhi, recalling his pioneering role in ushering India into the computer age.
He said that the Telangana Government has provided 100% exemption on road tax and registration fees for all categories of electric vehicles, and emphasized that the state’s objective is not merely to promote EV adoption but also to develop the entire EV supply chain and related technologies within Telangana.
The Deputy Chief Minister further stated that despite the state’s peak power demand rising from 15,000 MW to 18,500 MW over the past two and a half years, Telangana has ensured uninterrupted, quality power supply without any power cuts.
Bhatti Vikramarka reiterated the government’s vision of transforming Telangana into a $3 trillion economy by 2047. To achieve this goal, he said the government is ready to promote investments through both public funding and the Public-Private Partnership (PPP) model. He invited industrialists to seize these opportunities and invest in Telangana.
