Revanth pitches Future City as Telangana’s gateway to $1 trillion economy

Hyderabad: Chief minister A Revanth Reddy on Wednesday unveiled an ambitious vision for Bharat Future City, describing it as a pollution-free global metropolis that would drive Telangana towards becoming a $1 trillion economy by 2034.Addressing a public meeting after inaugurating the Future City Development Authority (FCDA) office in Bharat Future City, alongside deputy chief minister Bhatti Vikramarka and IT minister D Sridhar Babu, Revanth said the project would be developed to meet not only Telangana’s future needs but also those of the global economy.He said Fortune 500 companies, global capability centres (GCCs), green pharmaceutical firms, IT companies and leading multinational corporations would be invited to invest in the city.“After the successful Global Summit held last year, we will organise another Global Summit in Dec to attract investments and generate large-scale employment opportunities in Bharat Future City,” he said.The chief minister said Bharat Future City would emerge as the fourth major urban centre in the Core Urban Region, after Hyderabad, Secunderabad and Cyberabad, and compete with global cities such as New York, Tokyo and Singapore.Drawing parallels with landmark projects that transformed Hyderabad, Revanth said initiatives such as Hi-Tec City, Outer Ring Road, Rajiv Gandhi International Airport, Genome Valley and the growth of the IT and pharmaceutical sectors had initially faced opposition but eventually created lakhs of jobs and accelerated economic growth.He accused the opposition BRS of attempting to obstruct the Future City project. “The Congress govt, with the support of the youth, will build this net-zero city and present one of the world’s finest urban centres within the next eight years,” he said, directing officials to prepare and execute plans accordingly.Revanth also signed documents for the integration of some surrounding villages into the Future City project and said demands from other villages seeking inclusion would be considered through due process.Assuring local residents of accessibility, he said he would frequently work from Bharat Future City, while Bhatti and Sridhar Babu would review development works from the project site at least once a week.The chief minister also defended the govt’s Musi rejuvenation initiative and criticised the previous BRS govt over Hyderabad’s infrastructure challenges. He alleged that encroachments on lakes and water bodies during the previous regime had worsened flooding and traffic disruptions during heavy rains.He said the govt was removing illegal structures on govt lands, lakes and ponds, while promoting a ‘lake economy’ by developing commercial activity around restored water bodies and creating entrepreneurial opportunities for women’s self-help groups.Revanth asserted that the govt would intensify action against land grabbers to make Hyderabad the country’s most liveable city.During the programme, he unveiled the FCDA logo and launched its official website.