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The Telangana government showcased its ambitious Rising 2047 vision, life sciences policy, and manufacturing roadmap to attract global investments across various sectors at the World Economic Forum (WEF) Annual Meeting in Davos. The state is keen on leveraging the global platform to woo investors and promote its growth story.

In a significant development, FMCG major Unilever is exploring the possibility of setting up a Global Capability Centre (GCC) in Hyderabad. Chief Minister A Revanth Reddy met with Willem Uijen, Chief Supply Chain and Operations Officer of Unilever, on the sidelines of the WEF meeting. “The Chief Minister highlighted Hyderabad’s rapid transformation as a global hub for GCCs,” the government said in a release. Uijen expressed the company’s interest in exploring the possibility of setting up a GCC in the city.

Highlighting Hyderabad’s global standing, the Chief Minister pointed out that the city has emerged as a major hub for Global Capability Centres (GCCs), hosting some of the world’s largest companies across sectors. “To remain attractive to investors,” he said, “I am committed to building intelligent systems.” The session witnessed wide-ranging deliberations on the future of intelligent infrastructure, with speakers sharing insights on innovations spanning smart factories, sustainable energy systems, AI-driven services, and smart cities, showcasing effective solutions being implemented across different countries.

State IT and Industries Minister D Sridhar Babu said Hyderabad is home to GCCs of several FMCG companies like McDonald’s, Heineken and Costco.

According to the government, the UAE would partner with Telangana in developing the proposed Bharat Future City on the outskirts of Hyderabad.

UAE’s Minister of Economy and Tourism Abdulla bin Touq Al Marri met the Telangana delegation and discussed potential areas of mutual cooperation in the state’s large infrastructure projects, especially the Bharat Future City.

Chief Minister Revanth Reddy outlined the state government’s Telangana Rising 2047 vision and the roadmap to transform the state into a USD three trillion economy by 2047, a release said.

He also said global companies like Marubeni and Semcorp are already on board the project.

Touq Al Marri, known to be a key figure in the UAE’s economic diversification and modernisation efforts, said his national government would be happy to join hands with Telangana, the release said.

“As part of the state’s new economic development strategy under the Telangana Rising 2047 vision, the PURE (Peri-Urban Region Economy) between the Outer Ring Road (ORR) and the Regional Ring Road (RRR) of Hyderabad is being developed for manufacturing and logistics,” a release quoted CM Revanth Reddy as saying.