Hyderabad, April 3 Telangana Chief Minister A Revanth Reddy announced his ambitious goal to transform the state into the 'textile capital of South Asia' by 2047, on Friday.
Speaking at the Asian Textiles Conference 2026 (ATEXCON) here, he said the government provides the best infrastructure, land, power, water, and incentives, along with "the fastest execution," to the industry.
Pointing out that the state government's 'Telangana Rising 2047' vision aims to propel the state towards a $3 trillion economy by the country's centenary of independence, he said the initiative is significant for the textile industry.
"By 2047, we will transform Telangana into the textile capital of South Asia," Reddy said.
The state government has policies that can match the best in the world and has the best human resources, he added, saying that Telangana can be the perfect partner for global success for investors.
"Together, we can create a complete textile ecosystem that can be a game-changer for the world."
The state government aims to partner with the industry "from the cotton fields of Telangana to fashion shows in London, New York" and other international cities, across the entire value chain.
The CM also said that his government would encourage the film industry to source their fashion from local textile manufacturers.
He noted that Hyderabad has evolved into a global entertainment powerhouse, a status cemented by the inauguration of Eyeline Studios and Netflix's innovation hub in the city.
Highlighting that environmental sustainability is a top priority for the government, the Chief Minister said the government would establish 'green textile hubs'.
He also emphasized that Telangana has textiles in its DNA and is one of the largest producers of cotton in the country.
The cotton produced in the state is known globally for its quality and richness, and the government has established the Kakatiya Mega Textile Park at Warangal, a world-class destination, he said.
According to him, Telangana is a leader in many verticals, including deep tech, pharma and life sciences, aerospace and defence, manufacturing and energy.
State IT and Industry Minister D Sridhar Babu and Textiles Minister Tummala Nageswara Rao also attended the event.
Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.