"Invest in Telangana and earn huge profits": CM Revanth Reddy at Tourism Conclave

Hyderabad (Telangana) [India], September 27 (ANI): Telangana Chief Minister Revanth Reddy on Saturday called upon investors to open their outlets in the state and earn huge profits, as the government has created an investor-friendly ecosystem to promote Telangana as a global destination for investments.
Participating in the "Tourism Conclave 2025" programme in Hyderabad today, the Chief Minister said that the People's Government brought a new Tourism policy into force after 10 years of the formation of the state.
Congratulating State Tourism Minister Jupally Krishna Rao on successfully entering into agreements with prospective investors to invest Rs 15,000 crores in the state's tourism sector, the CM said that Telangana is blessed with many attractive tourist places, which contribute significantly to the state's economic growth. The Telangana state was also a peaceful and secure state in the country, which helps investors earn more profits.
CM Revanth Reddy highlighted the city's best infrastructure and the government's efforts to promote Hyderabad as a world-class destination for future investments. The city was already competing with other developed countries, the CM said that the government organised the Miss World event during the India-Pakistan war and drew the world's attention.
On Friday, the release stated that the State Government set a target of attracting Rs 15,000 crore in investments in the tourism sector and providing a large number of employment opportunities to the youth. As part of that, the government is inviting public-private partnership (PPP) and also 100 per cent private investments. Many investors who studied the state government's new tourism policy expressed their willingness to set up international-standard hotels, wellness centres, and hospitality projects in the state.
Include a state-of-the-art wellness center in the Ananthagiri Hills in a joint venture with Jesom and Zen Megha, a wine making unit from grape harvest, Taj Safari in the forest area, waterfront resorts by Mahendra Company, five-star hotels, Ginger hotels in tier 2 cities in Telangana, a wellness retreat in Nagarjuna Sagar and Taiwan's Fo Guang Shan is ready to develop a wedding destination center at Buddhavan more attractive.
These companies will sign agreements in the presence of Chief Minister A. Revanth Reddy. The government is attracting Rs 15,000 crore in investments, which will create 50,000 jobs directly and indirectly through the agreements.
Hyderabad has already emerged as a destination for world-class film production centres. The state government has decided to further develop the film industry and provide a friendly environment for the global film industry, ensuring that a maximum number of films are produced in Hyderabad. (ANI)