Telangana CM Revanth proposes follow-up meeting of WEF every year

Davos, Jan 21: Telangana Chief Minister Revanth Reddy Anumula had proposed hosting a follow-up meeting of the World Economic Forum every July in Hyderabad. The proposal received unanimous support from global business leaders and policymakers during the “Join the Rise” event held in Davos. Stating that one year is a very long time for follow-ups in modern business cycles and investment decision-making, the Chief Minister proposed that the WEF organize an annual follow-up forum – either in July or August – in Hyderabad. “I request you to join me in making this happen – to bring a July WEF Forum to Hyderabad,” he said. He added that the recent Telangana Rising Global Summit was highly successful, attracting investments worth over ₹5.75 lakh crore. “Normally, we come to Davos to sign MoUs, but this year, after the success of the Global Business Summit, we are focusing on presenting our vision and policies,” he said. Referring to the massive success of the Telangana Rising Global Summit – held at Bharat Future City in December 2025 – the Chief Minister said that Telangana has now decided to engage with the World Economic Forum about hosting the follow-up forum in Hyderabad. The event, which showcased the growth framework and vision for 2047, also saw the launch of the Telangana AI Innovation Hub (TAIH) and the Telangana Next-Gen Life Sciences Policy 2026–2030. The delegation, which included Hon’ble Ministers Duddilla Sridhar Babu and Ponguleti Srinivas Reddy, explained the state’s game-changing projects, including roads, metro rail expansion, and the rejuvenation of rivers, lakes, and water bodies. They also outlined plans for new economic zones, the development of a new city, and the establishment of a new manufacturing zone to position Telangana as a China+1 alternative. The delegation emphasized Telangana’s unmatched investment potential and sought support from global companies in terms of technology, knowledge, experience, and expertise. The Chief Minister informed the high-profile attendees that Hyderabad has grown into a global hub for Global Capability Centres (GCCs). He added that Hyderabad is being developed as India’s first city to operate 24 hours, with a focus on the night-time economy on both sides of the River Musi. “We are building a new city – completely smart, future-ready, and India’s answer to the best in the world. It is called Bharat Future City, spread across over 30,000 acres, with more than 50% of the area reserved as green cover,” he said.