The upcoming Telangana Rising Global Summit is poised to be a landmark event for the state's economic and infrastructural landscape, with two high-profile Memorandums of Understanding (MoUs) set to be signed. The summit, scheduled for December 8 and 9, will be held at the proposed Bharat Future City.
Star-Studded Investment: A New Film Hub
In a significant move for the entertainment industry, Bollywood superstar Ajay Devgn is expected to formalize an agreement with the Telangana government. The MoU will pave the way for establishing a state-of-the-art film studio-cum-film city in Hyderabad. This development follows a meeting earlier this year between the actor and Chief Minister A. Revanth Reddy, where Devgn expressed strong interest in creating a world-class film facility in the state.
Boosting Eco-Tourism: Reliance's Wildlife Venture
Parallelly, in a major boost to Telangana's tourism and conservation efforts, the government is likely to sign another crucial MoU with the Reliance Group. This agreement pertains to setting up the Vantara animal rescue and rehabilitation centre's project in the state, which includes a wildlife conservatory and a night safari. This initiative is anticipated to become a premier destination for wildlife enthusiasts and significantly enhance the region's tourist appeal.
Vision for a Net-Zero Future City
The summit's venue itself is part of a grand vision. The state government, under Chief Minister Revanth Reddy, is seriously working on developing Bharat Future City as a net-zero urban settlement on par with global standards. As part of this ambitious project, Foodlink F&B Holdings has proposed to build an integrated global convention and expo centre along with three hotels at the Future City. This venture involves a substantial investment of Rs 3,000 crore, and an agreement for this is also expected to be finalized during the summit.
The two-day summit, therefore, represents a concerted push by the Telangana government to attract large-scale investments across diverse sectors—from entertainment and tourism to sustainable urban development. The confirmed participation of major corporate and celebrity entities underscores the state's growing attractiveness as a prime investment destination in India.
