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Economy of Telangana

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Title: Economy of Telangana  
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Subject: Telugu cuisine, Outline of Telangana, History of Telangana, Economy of Telangana, Telugu literature
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Economy of Telangana

Cyber towers at Hyderabad, the state capital and largest city in Telangana

The Economy of Telangana is mainly driven by agriculture. Two important rivers of India, the Godavari and Krishna, flow through the state, providing irrigation. Rice, cotton, mango and tobacco are the local crops. Recently, crops used for vegetable oil production such as sunflower and peanuts have gained favour. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects and Nagarjuna Sagar Dam, the world's highest masonry dam.[1][2]

The state has also started to focus on the fields of information technology and biotechnology. Telangana is one of top IT exporting states of India. There are 68 Special Economic Zones in the state.[3]

Telangana is a mineral-rich state, with coal reserves at Singaerni Colleries.[4]

Contents

  • Power 1
  • Transportation 2
    • Roads 2.1
    • Airways 2.2
  • Industrial infrastructure 3
    • Industrial estates, and industrial parks 3.1
  • Agriculture 4
  • Industries 5
  • Resources 6
  • Tourism 7
  • References 8

Power

NTPC Ramagundam SWITCHYARD

Hydel and thermal power projects in the state meets the power requirements of the State. Number of new power projects are coming up in the State which is expected to generate additional power capacity in the state.

Transportation

Roads

Outer Ring Road (Nehru ORR) at Narsinghi in Hyderabad

Airways

Rajiv Gandhi International Airport at Hyderabad

Telangana has a World class airport in Rajiv Gandhi International Airport, Hyderabad. It is the second public-private partnership venture in the Indian airports and has been named amongst the world's top five in the annual Airport Service Quality (ASQ) passenger survey along with the ones at Seoul, Singapore, Hong Kong and Beijing. Hyderabad has an air-cargo complex with customs clearance. Direct flights to Singapore, Sharjah, Kuwait, Muscat, Malaysia, Dubai and New York operate from Hyderabad. Govt. of India renamed the Rajiv Gandhi International Airport after NT Rama Rao.[5]


Industrial infrastructure

Industrial estates, and industrial parks

The State Government is in the process of developing Industrial Parks at different places, for specific groups of industries. The existing parks are Software Park at Hyderabad, Hitec city for software units, Apparel Park at Gundlapochampalli, Export Promotion Park at Pashamylaram, Bio-technology park at Turkapally. Agri Export Zones for the following produce are proposed at the places mentioned against them:

Agriculture

Rice is the major food crop and staple food of the state. Other important crops are tobacco, mango, cotton and sugar cane. Agriculture has been the chief source of income for the state's economy. Important rivers of India, the Godavari, Krishna flow through the state, providing irrigation. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects and Nagarjuna Sagar Dam, the world's highest masonry dam.

Industries

Hitech city is the major IT Hub of Telangana

Several major industries are in operation around Hyderabad, which has now been nicknamed as Cyberabad due to its Information Technology foray and location of major software industries in the city. Another industrial location is Visakhapatnam which is also one of the major sea ports of India. The State is promoting Information Technology in a big way and has one of the IT parks in Hyderabad. Automobiles and Auto components Industry, spices, mines and minerals, Texttiles and apparels, IT industry, Bulk drugs and pharmaceutical, horticulture, poultry farming are the main industries in Telangana.

Resources

The wide variety of minerals from the state is being traded or consumed in Power, Metals, Alloys, Cement, Chemicals, Paint, Cosmetic, Glass, Ceramics, Refractory and manufacture of various down stream industries.

Tourism

Charminar, Salarjung Museum, Golconda Fort, Warangal fort are some of the important tourism locations generating revenue in tourism department.

References

  1. ^ "Agriculture dept. of Telangana". 
  2. ^ "Key Sectors of Telangana". 
  3. ^ ,09.pdf "TG Special Economic Zones". sezindia. Retrieved 3 June 2014. 
  4. ^ "The Singareni Collieries Company Limited". scclmines. Retrieved 3 June 2014. 
  5. ^ "Modi govt mulls renaming Hyderabad’s Rajiv Gandhi International Airport after NT Rama Rao" (May 29, 2014). Times of India. Retrieved 18 July 2014. 

Economy of Telangana

Coal Handling Ropeway near Aswapuram, Khammam district

The Economy of Telangana is mainly driven by agriculture. Two important rivers of India, the Godavari and Krishna, flow through the state, providing irrigation. Farmers in Telangana mainly depend on rain-fed water sources for irrigation. Rice is the major food crop. other important crops are cotton, sugar cane, mango and tobacco are the local crops. Recently, crops used for vegetable oil production such as sunflower and peanuts have gained favour. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects and Nagarjuna Sagar Dam, the world's highest masonry dam.[1][2]

The state has also started to focus on the fields of information technology and biotechnology. Telangana is one of top IT exporting states of India. There are 68 Special Economic Zones in the state.[3]

Telangana is a mineral-rich state, with coal reserves at Singareni Colleries.[4]

Contents

  • Economy 1
    • Agriculture 1.1
    • Industries 1.2
    • Tourism 1.3
  • References 2

Economy

Agriculture

Rice is the major food crop and staple food of the state. Other important crops are tobacco, mango, cotton and sugar cane. Agriculture has been the chief source of income for the state's economy. Important rivers of India, the Godavari, Krishna flow through the state, providing irrigation. Apart from major rivers, there are small rivers as Tunga Bhadra, Bima, Dindi, Kinnerasani, Manjeera, Manair, Penganga, Pranahitha, peddavagu and Taliperu.There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects and Nagarjuna Sagar Dam, the world's highest masonry dam.

Agri Export Zones for the following produce are proposed at the places mentioned against them:

Industries

The Hyderabad Information Technology and Engineering Consultancy (HITEC) City is a major IT hub of Telangana

Several major manufacturing and services industries are in operation mainly around Hyderabad. Automobiles and auto components industry, spices, mines and minerals, textiles and apparels, pharmaceutical, horticulture, poultry farming are the main industries in Telangana.

In terms of services, Hyderabad is usually nicknamed as Cyberabad due to its information technology foray and location of major software industries in the city.[5][6] Prior to secession, it contributed 15% to India's and 98% to Adhra Pradesh's exports in IT and ITES sectors last 2013[7] With Hyderabad as in the front line of Telangana's aims to promote information technology in India, the city boasts the HITEC City as its premier hub.

The state government is in the process of developing Industrial Parks at different places, for specific groups of industries. The existing parks are Software Park at Hyderabad, HITEC City for software units, Apparel Park at Gundlapochampalli, Export Promotion Park at Pashamylaram, Bio-technology park at Turkapally.

Telangana, specifically Jubilee Hills, Hyderabad, is the headquarters of an international non-profit, the Indian Heart Association.

Tourism

Telangana State Tourism Development Corporation (TSTDC) is a state government agency which promotes tourism in Telangana.[8] Telangana has a variety of tourist attractions including historical places, monuments, forts, water falls, forests and temples.

References

  1. ^ "Agriculture dept. of Telangana". 
  2. ^ "Key Sectors of Telangana". 
  3. ^ "TG Special Economic Zones" (PDF). sezindia. Retrieved 3 June 2014. 
  4. ^ "The Singareni Collieries Company Limited". scclmines. Retrieved 3 June 2014. 
  5. ^ Roy, Ananya; Aihwa, Ong (2011). Worlding cities: Asian experiments and the art of being global.  
  6. ^ "An Amazon shot for city". The Times of India. 13 October 2011. Retrieved 13 October 2011. 
    • Chary, Manish Telikicherla (2009). India:nation on the move: an overview of India's people, culture, history, economy, IT industry, and more. iUniverse.com. pp. 247–248.  
  7. ^ "Special governance for Hyderabad needed for growth". The Times of India. 25 June 2013. Retrieved 25 June 2013. 
  8. ^ "Huge challenges ahead for new Telangana tourism corporation". timesofindia.indiatimes.com. 2014-05-09. Retrieved 2014-06-04. 
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