Believe it or not, Telangana Chief Minister A. Revanth Reddy has outperformed former Chief Minister K. Chandrashekar Rao (KCR) and former IT and Industries Minister K.T. Rama Rao (KTR) in securing investments for Telangana during foreign tours.
This marks a significant milestone for Telangana, highlighting Revanth’s effectiveness in attracting global investors.
While traditionally the performance of a Chief Minister may not be compared to that of a minister, Telangana's political dynamics make it an exception.
During the BRS rule, K.T. Rama Rao, the former IT and Industries Minister, acted as a 'shadow CM,' actively pursuing investments abroad while his father, KCR, remained largely confined to his farmhouse or the official residence, Pragathi Bhavan.
Throughout his decade-long tenure as Chief Minister, KCR made only one foreign tour, visiting China in 2015.
Although he signed MoUs worth ₹1,160 crore during that visit, Telangana ultimately received just ₹160 crore in investments from Celkon. KTR, on the other hand, managed to secure ₹24,500 crore in investments over five years through multiple trips to Davos.
In contrast, Revanth Reddy has demonstrated an impressive ability to attract substantial investments in a short period.
His first visit to Davos in January 2024 resulted in securing ₹40,232 crore for Telangana. Additionally, his recent trips to the USA and South Korea brought in another ₹30,000 crore.
Furthermore, Revanth’s administration has approved 1,764 industrial units since taking office in December 2023, bringing in an additional ₹16,672 crore in investments.
In total, Revanth Reddy has secured a staggering ₹88,432 crore in investments within just eight months of assuming office.
This achievement has effectively dispelled concerns raised by BRS leaders during the previous Assembly elections, who claimed that investors would shy away from Telangana if the Congress came to power.
Revanth’s performance in securing investments has proven those claims unfounded, positioning Telangana as an attractive destination for global investors under his leadership.
