Invest in Telangana

Telangana has been at the forefront of development with innovative policy initiatives to encourage the establishment of business ventures and investment. Since 2016 Telangana has consistently been amongst the top-3 states for ‘Ease of Doing Business.’ Telangana is the fastest growing State in India recording 14.9% Gross State Domestic Product (GSDP) growth in 2018-19. 

The Telangana Government has enacted the “Telangana State Industrial Project Approval and Self-Certification System (TS-iPASS) Act, 2014” (Act No.3 of 2014) for speedy processing of applications for issue of various clearances required for setting up of industries at a single point based on the self-certificate provided by the entrepreneur and also to create investor friendly environment in the State of Telangana. This streamlines investments and helps reduce the bureaucratic red tape. The State Industrial policy TS i-PASS is rated amongst the best in the country. 

Some of the salient features of the TS i-PASS system include pre-scrutiny of the applications at State Level and District Level to assist the entrepreneurs in a proper submission of applications and to avoid delay in processing the files by the departments. This system also empowers entrepreneurs with the right to clearances under TS-iPASS, to know the reasons for delay (if any) in getting the clearance within time limits and penalising the officers responsible for the delay. Telangana has attracted Rs 3.30 lakh crore worth of investment in the last 8 years through the path-breaking TSiPASS and in IT and ITeS sectors since 2014.

The State Government is setting up the Hyderabad Pharma City, which will be the first of its kind, smart ecosystem creating a new international benchmark for Sustainable Industrial cities. The project will be developed over an area of 19,000 acres and is expected to attract Rs. 64,000 crore (US$ 993.02 million).

Investments in the states are growing in all sectors especially in the 14 priority sectors in the state. In 2021, the government launched the Pink Book-2021, an investor’s guide to Telangana. Pink Book gives a 360° view of Telangana from investors’ perspective and is a step forward towards improving EoDB (Ease of doing business).