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WEF Eyes Telangana Partnership, Considers Hyderabad for 'Summer Davos'

The World Economic Forum has expressed a strong interest in partnering with Telangana to support its ambitious 'Telangana Rising 2047' vision, aimed at becoming a $3 trillion economy. Chief Minister A. Revanth Reddy proposed hosting an annual WEF follow-up event in Hyderabad during the summer to maintain momentum from the January Davos meetings. The discussions highlighted the successful launch of the C4IR Telangana centre for healthcare and life sciences as a positive model for collaboration. State ministers also detailed Hyderabad's strengths in sectors like aerospace, pharma, and green energy initiatives.

Key Points: WEF to Partner with Telangana for $3 Trillion Economy Vision

  • WEF partnership for $3T vision
  • Proposal for Hyderabad 'Summer Davos'
  • Focus on health-tech and skilling
  • State's CURE, PURE, RARE strategy
3 min read

'Hyderabad has great talent base', World Economic Forum expresses interest in partnering with Telangana Rising Vision

World Economic Forum expresses interest in Telangana Rising 2047 plan, considers hosting an annual follow-up event in Hyderabad.

"We would like to partner in the Telangana Rising vision and be a part of the journey. Hyderabad has a great talent base. - Jeremy Jurgens"

Hyderabad, Jan 22

The World Economic Forum has come forward to partner in the Telangana Rising 2047 vision, aimed at making the state a $3 trillion economy.

Chief Minister A. Revanth Reddy on Thursday met Jeremy Jurgens, Managing Director, World Economic Forum (WEF) and Manju George, Head of Strategic Impact and Integration, C4IR Network, at the Telangana Pavilion during the WEF 2026 in Davos.

The Chief Minister presented the Telangana Rising 2047 vision, the roadmap and strategy being implemented towards reaching the goal of becoming a $3 trillion economy.

According to the Chief Minister's Office (CMO) here, Jeremy Jurgens said the various facets of the vision open up various opportunities for mutual cooperation. "We would like to partner in the Telangana Rising vision and be a part of the journey. Hyderabad has a great talent base," the CMO quoted him as saying.

The Chief Minister proposed to host an annual follow-up WEF in the month of July or August. The idea is to facilitate a platform for follow-up on the discussions or decisions made during WEF in January, considering that a time gap of one year is quite long in the context of modern business lifecycles of today.

The WEF team responded very positively to the Chief Minister's idea, despite similar proposals from several countries. Jeremy Jurgens told the Chief Minister that they would take this forward soon. He mentioned that the 'Summer Davos' is being held annually in China, and that there is strong interest from Saudi Arabia.

The two sides reflected upon the journey of C4IR Telangana (Centre for the Fourth Industrial Revolution), which was launched in Hyderabad at BioAsia 2024. It was launched as the WEF's first thematic centre for healthcare and life sciences in India, aiming to drive health-tech innovation, policy, and workforce skilling through strategic partnerships with industry and academia.

Jurgens said the launch of C4IR Telangana at BioAsia was a very positive role model for WEF in India.

The WEF MD explained about C4IR's research work on best practices in planning industrial clusters and offered to share information on that front with C4IR Telangana.

Industry Minister D. Sridhar Babu explained about "CURE, PURE, RARE" -- the state's new economic development strategy, as well as the Bharat Future City, the net-zero greenfield smart city project, which is set to be a role model for sustainable urban development in India.

The delegation, including Minister Ponguleti Srinivasa Reddy, detailed Hyderabad's leading capabilities in aerospace, defence, bio-design, software, and pharma. Adding that the current focus of the government is promotion of electric vehicles and transition to renewable energy, they also explained about the various skilling initiatives being taken up through the newly launched Advanced Technology Centres, the Young India Skills University and the Young India Sports University.

- IANS

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Reader Comments

A
Arjun K
$3 trillion is an ambitious target. While the vision is good, the government must ensure benefits reach all sections, not just Hyderabad. We need to see concrete plans for rural development and job creation in districts like Adilabad or Mahabubnagar. The 'CURE, PURE, RARE' strategy needs more public clarity.
R
Rohit P
As someone working in the Hyderabad pharma sector, this recognition feels great. The BioAsia platform and now C4IR are putting us on the global map. The proposed summer WEF meet could be a game-changer for networking and deals. Hope they fast-track the Bharat Future City project!
S
Sarah B
Interesting to see the WEF's growing engagement with Indian states. The comparison to 'Summer Davos' in China is telling. If Telangana can pull this off, it will significantly boost India's soft power and position as a serious innovation hub. The skilling initiatives are crucial for long-term success.
V
Vikram M
Good step, but execution is key. We've seen many grand visions before. The government must ensure transparency in these partnerships and that local MSMEs get a fair chance to participate. The EV and renewable energy focus is the need of the hour. Jai Telangana!
K
Kavya N
Proud moment for Hyderabadis! Our city has the talent, infrastructure, and now the global recognition. The Young India Skills University is a brilliant idea to prepare the next generation. Hope this brings more high-quality jobs and keeps our youth from migrating abroad.

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