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

Hyderabad, Jan 22 (IANS) 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.