Telangana registers growth in investments by threefold

Telangana, also called a Gateway to South India, has once again proved to be the best investment destination across the country, with investments in the State of Telangana registering a spectacular growth of almost 3 times in the last financial year 2022-23, as per the reports.
In the financial year (FY) 2021-22, Telangana received recorded investments of Rs.18,893.28 crore. And, as per the latest reports, the 2022-23 Financial Year official figures show that the investment during this period shot up to Rs.49,579.18 crore, which becomes a cause of joy for India, especially for the people of Telangana, the CM KCR, and the Bharat Rashtra Samithi, the ruling party in Telangana.
Likewise, along with the increasing investments, employment opportunities too have shot up in the State. In 2021-22, the investments generated over 1,01,035 employment opportunities, while in 2022-23, this was recorded at 1,02,105.
From international corporate giants to leading domestic manufacturers, Telangana has become the hotspot for investment.
In April 2022, IT Minister KT Rama Rao laid down the foundation stone ceremony for Google’s largest campus in Hyderabad, the capital of Telangana State. In the same month, Hyderabad-based Biliti Electric announced its plans to set up the world’s largest electric 3-wheeler factory facility in Hyderabad.