Telangana Chief Minister A. Revanth Reddy, speaking at the APAC BioDesign Innovation Summit 2025 in Hyderabad, outlined the state’s vision to shift from manufacturing to a global innovation hub. With healthcare, MedTech, and indigenous research at the core, Telangana aims for a $1 trillion economy by 2034.

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• Telangana economy target $1 trillion by 2034, $3 trillion by 2047
• Focus: healthcare, MedTech, indigenous innovation
• Summit hosted by AIG Hospitals, AIM Foundation in Hyderabad
• Government support assured for product innovation, R&D
• Innovators to access historic medical data with privacy safeguards
• Hyderabad’s strength: academia, workforce, industry partnerships
• Sultanpur Medical Devices Park: India’s largest, 60+ firms present
• BioDesign Blueprint unveiled, 5-year action plan for innovation hubs, fellowships
• Aim to cut 70% import dependency on high-end medical equipment
• $50 billion MedTech market opportunity in India by 2030
• Local startups, MSMEs key role in healthcare ecosystem
• Global delegates from Stanford, Japan, Singapore, Australia attended summit