Telangana Pharmaceutical Hub of India
GOLKONDA FORT NEAR HYDERABAD, TELANGANA TELANGANA PHARMACEUTICAL HUB OF INDIA For updated information, please visit www.ibef.org April 2018 Table of Content Executive Summary .…………….….…….3 Advantage State …...…..………………….4 Telangana Vision ………………………….5 Telangana – An Introduction …….……….6 Budget 2018-19 …………..………...……16 Infrastructure Status ................................17 Business Opportunities ……..……….......36 Doing Business in Telangana ………...….50 State Acts & Policies …….……….............51 EXECUTIVE SUMMARY Economic growth . At current prices, Telangana’s GSDP was estimated at US$ 113.68 billion during 2017-18. driven by service sector . Services sector is the major contributor in the GSDP of Telangana. Hyderabad is the major IT hub of the state across the country. During 2016-17, the value of IT exports from Hyderabad – The IT the state of Telangana was recorded at US$ 13.27 billion. The launch of T-Hub in November 2015 has hub of the state created most energetic community of entrepreneurs across the world for boosting the success stories of the start-ups in India. Growth in annual . In Budget 2018-19, total expenditure of the state increased 22.42 per cent to Rs 1,74,48,228.34 lakh (US$ budget 27.07 billion).^ Promoting tourism & . In September 2017, Telangana received eight national awards for promotion of tourism and cleanliness. Out of these eight awards, five were won by the state’s tourism department while the rest were awarded to public- historical past private enterprises. Note: ^From Revised Estimate of 2017-18 Source: Telangana State Statistical Year book,2015, MOSPI, Budget 2018-19 3 TELANGANA For updated information, please visit www.ibef.org ADVANTAGE: TELANGANA March 2018 2018E Growing economy and improving infrastructure Rich labour pool Installed .
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