Telangana Mega Master Policy 2050 for Industrial Growth CM Ravanth Reddy, promises unprecedented industrial growth. Discover the government’s focus on urban, semi-urban, and rural clusters, along with plans to promote the pharma industry and address unemployment through skill development.
Telangana Chief Minister A. Revanth Reddy unveiled ambitious plans during a meeting with the Confederation of Indian Industry (CII) and Bulk Drug Manufacturers Association (BDMA) at the Secretariat. The Chief Minister expressed his commitment to achieving unprecedented industrial growth in the state by 2050 through the introduction of a groundbreaking ‘mega master policy.’
Dispelling Misconceptions
Reddy aimed to dispel misconceptions about the focus of the Congress party, asserting that the new policy would shift the narrative from rural development alone to a holistic approach encompassing industrial growth across regions. The Chief Minister assured that every rupee invested by industrialists would be safeguarded and its value enhanced.
Urban, Semi-Urban, and Rural Clusters
Under the 2050 master policy, Telangana will be divided into three clusters:
- An urban cluster within the Outer Ring Road (ORR) limits.
- A semi-urban cluster between the ORR and Regional Ring Road (RRR).
- A rural cluster in areas immediately after the RRR.
Pharma Villages and Industry Focus
Reddy emphasized a clear vision for promoting the pharma industry, proposing the development of Pharma Villages instead of Pharma Cities. These villages, spanning 1,000 to 3,000 acres, will be strategically located near radial roads and highways, ensuring connectivity and infrastructure support. The government plans to establish food processing, sports, automobile, and organic clusters, along with IT, pharma, and health industries in key regions like Zaheerabad.
Diversification and Renewable Energy
The Chief Minister highlighted the enormous potential for manufacturing defense and specialized navy sector equipment in Hyderabad. He also announced the introduction of a new solar power policy to incentivize investors to embrace renewable energy solutions.
Addressing Unemployment and Skill Development
With an estimated 35 lakh unemployed individuals in the state, Reddy proposed the establishment of skill universities to impart essential skills to the youth. These institutions aim to transform the unemployed population into valuable human resources, fostering industrial development and growth.
Paving the Way for Investment: A New Friendly Policy
Addressing the concerns of investors, Reddy pledged to introduce a “new friendly policy” designed to attract investments to Telangana. Emphasizing transparency and value enhancement, the Chief Minister assured industrialists that every rupee invested would be safeguarded.
Dispelling Misconceptions: A Holistic Approach to Development
Reddy debunked misconceptions surrounding the government’s focus, asserting that the new policy would extend beyond rural welfare. The vision is to foster industrial development across all regions of the state, ensuring growth akin to the bustling city of Hyderabad.
Clustering for Success: 2050 Master Policy Unveiled
Under the visionary 2050 master policy, Telangana will be divided into three clusters. An urban cluster within the Outer Ring Road (ORR) limits, a semi-urban cluster between the ORR and Regional Ring Road (RRR), and a rural cluster beyond the RRR. This strategic approach aims to evenly distribute industrial growth.
Pharma Villages: A Novel Approach to Industry Promotion
Reddy outlined a clear vision for the pharma industry, opting for the creation of Pharma Villages instead of the previously envisioned Pharma Cities. These villages, spread across 1,000 to 3,000 acres near radial roads and highways, will be equipped with necessary infrastructure, schools, and hospitals in a pollution-free environment.
Diversification and Specialization: Key Sectors Identified
The Chief Minister identified key sectors for development, including food processing, sports, automobile, and organic clusters. Special emphasis will be placed on Zaheerabad, where industries ranging from IT, pharma, and health to manufacturing defense and specialized navy sector equipment will flourish.
Encouraging Sustainability: A New Solar Power Policy
In line with global trends, a new solar power policy will be introduced to incentivize investors to opt for renewable energy. Reddy believes this initiative will not only benefit the environment but also attract environmentally conscious investors.
Transparent Development: A Clear Distinction
Chief Minister Reddy emphasized the separation of elections, politics, and development. The primary focus of his government is “transparent development with a vision,” ensuring a dedicated approach to the state’s progress.
Inclusivity in Development: Empowering the Unemployed
Recognizing the potential of the unemployed population, estimated at 35 lakh, Reddy sees them as valuable human resources for industrial development. The government plans to establish skill universities to provide training and employment opportunities, empowering the educated unemployed youth for global competitiveness.
In attendance at the crucial meeting were Chief Secretary A. Santhi Kumari, CMO Secretary V. Seshadri, IT and Industries Secretary Jayesh Ranjan, CM Special Secretary Ajith Reddy, and CII Representative C. Shekhar Reddy. The Chief Minister extended an invitation to entrepreneurs and investors for round-the-clock discussions, fostering an environment for productive decisions and collaboration.
What is the main objective of the 2050 Telangana Mega Master Policy
The primary objective is to achieve unprecedented industrial growth across Telangana by 2050, with a focus on urban, semi-urban, and rural clusters.
How does the government plan to promote the pharma industry?
The government envisions the development of Pharma Villages instead of Pharma Cities, strategically located near radial roads and highways.
How does the Chief Minister address unemployment in the state?
The government plans to establish skill universities to impart essential skills to the youth, considering them as valuable human resources for industrial development.