Speaking at the inauguration of ACE-TECH Hyderabad 2026 at HITEX, Roads & Buildings and Cinematography Minister Komatireddy Venkat Reddy said the Telangana government, under the leadership of Chief Minister A. Revanth Reddy, is working with a clear “Telangana Rising 2047” vision to transform the state into a $3 trillion economy by 2047. He highlighted that the Telangana Rising Global Summit held at Future City secured ₹5.75 lakh crore in investments and emphasized Hyderabad’s growing strength in IT, pharmaceuticals, artificial intelligence, real estate, and infrastructure, positioning it as one of India’s most attractive investment destinations.

The Minister underlined that the Regional Ring Road, supported by 39 radial roads connecting it to the Outer Ring Road, will be a major game changer for balanced urban and rural development, industrial growth, and employment generation. Stressing the government’s focus on affordable housing, pollution-free urban planning, and sustainable construction, he noted the importance of green buildings, smart materials, and modern connectivity. Participating in a high-level panel discussion with leading builders and architects, the Minister assured continued government support for innovation-driven growth and stated that key suggestions from the forum would be taken up at the cabinet level.