During the ISB Leadership Summit on October 20, 2024, Chief Minister Revanth Reddy addressed students of the Indian School of Business (ISB), emphasizing the importance of courage and sacrifice in leadership. His speech focused on the vision for Hyderabad, Telangana, and New India, encouraging ISB students to become brand ambassadors and contribute to the growth of Telangana into a trillion-dollar economy.
The Role of Courage in Leadership
Revanth Reddy stressed that success in leadership requires courage, sacrifice, and the willingness to take risks. “No one achieves great things without taking risks,” he said, highlighting how many prominent leaders have sacrificed their careers, personal comforts, and even freedom for the greater good. He called upon the youth to embody these qualities, stating that courage is essential to becoming a great leader.
Additionally, the Chief Minister reminded the attendees that alongside intelligence, skill, and hard work, luck also plays a role in achieving success. His message to the ISB students was clear: bravery in decision-making, coupled with resilience, will lead to success both personally and for the region.
Hyderabad: Competing with Global Cities
One of the key themes in Revanth Reddy’s speech was his ambition to make Hyderabad a global contender, competing not just with other Indian cities but with international metropolises like New York, Paris, Tokyo, and Seoul. The goal, he stated, was to position Hyderabad as a premier investment destination and make it a $600 billion city.
Reddy called for collective efforts, asking the ISB students to act as brand ambassadors for Hyderabad and Telangana. He urged them to promote the state as a prime destination for investors and businesses during their travels and interactions. According to the Chief Minister, the branding of Telangana and Hyderabad on a global stage is vital to the region’s economic growth.
Telangana’s Economic Vision: A Trillion-Dollar Economy
Revanth Reddy’s ultimate aim is to transform Telangana into a trillion-dollar economy, with Hyderabad playing a central role in this vision. He shared his plan to leverage the skills and network of ISB students to help achieve this ambitious goal. The government sees students as crucial stakeholders in this journey, encouraging them to engage in discussions about Telangana’s potential with investors and industry leaders worldwide.
With the support of educational institutions like ISB, Telangana is positioning itself as an economic powerhouse. The Chief Minister expressed his confidence in the state’s trajectory, reiterating that “nothing is impossible” when it comes to achieving their shared vision for the future.
Education and Infrastructure Development in Telangana
Chief Minister Reddy also discussed the state’s educational initiatives, particularly the establishment of a Skills University and a Sports University in Gachibowli. These institutions, he said, are critical to fostering talent and creating opportunities for Telangana’s youth.
Citing examples from South Korea, which won over 30 Olympic medals with the help of its sports university, Reddy outlined his vision for India’s potential in global sports competitions. His goal is to see India secure more Olympic medals, and he believes Hyderabad can serve as a model city for the rest of the country in terms of educational and sports excellence.
Partnership with ISB and Government Opportunities
Revanth Reddy reiterated his government’s openness to collaborate with institutions like ISB to achieve Telangana’s development goals. While the state may not offer the same financial incentives as large corporations, the Chief Minister assured that it provides opportunities for meaningful work and substantial challenges. “My government is willing to work with ISB for two to three years,” he said, inviting students to join hands with the government in driving the state’s progress.
The Chief Minister’s invitation is part of a broader initiative to tap into young talent and foster innovation and leadership. By involving students and professionals in government-led projects, Telangana aims to create an ecosystem that benefits both the state and its partners.
Adani Foundation’s Support for the Young India Skills University
In a significant move to further the state’s educational initiatives, the Adani Foundation has pledged ₹100 crores towards the establishment of the Young India Skills University in Telangana. This donation is expected to enhance the state’s capacity to provide advanced skill development programs for its youth.
The partnership with the Adani Foundation underscores the importance of public-private collaborations in advancing Telangana’s economic and educational objectives. Reddy’s administration continues to prioritize such partnerships to ensure the state’s sustainable growth.
Conclusion: A Bold Vision for Telangana’s Future
Chief Minister Revanth Reddy’s speech at the ISB Leadership Summit was not only a call to action for the students of ISB but also a roadmap for Telangana’s future. His vision of transforming Hyderabad into a globally competitive city and making Telangana a trillion-dollar economy hinges on collaboration, innovation, and leadership.
By focusing on the key pillars of education, infrastructure, and international branding, Telangana is poised to achieve significant economic and social milestones. With the support of institutions like ISB, the contributions of the Adani Foundation, and the courage of its young leaders, Telangana’s future looks brighter than ever
