Overview
- Telangana unveiled its Next‑Gen Life Sciences Policy 2026–30 targeting about $25 billion, anchored by a scalable ₹1,000 crore innovation fund and new infrastructure including Green Pharma City, Pharma Villages and an expanded Genome Valley.
- At Davos, Telangana announced MoUs and commitments such as Rashmi Group’s ₹12,500 crore steel plant proposal with an estimated 12,000 jobs, L’Oréal’s planned beauty‑tech GCC in Hyderabad by November 2026, and Sargad’s ₹1,000 crore plan for advanced manufacturing and an aviation MRO.
- Further Telangana discussions included Blaize scaling its Hyderabad R&D for AI hardware, an EOI from NUkler Products for a ₹6,000 crore small modular reactor project, and talks with AB InBev and Unilever on expansion and a potential GCC.
- Chief Minister A. Revanth Reddy proposed an annual July–August WEF follow‑up in Hyderabad to speed deal execution, with WEF managing director Jeremy Jurgens indicating the proposal would be taken forward.
- Maharashtra reported MoUs worth about ₹30 lakh crore and up to 40 lakh projected jobs, highlighted by Tata Sons’ roughly ₹1.01 lakh crore commitment for an Innovation City and AI‑led data centre near Navi Mumbai International Airport, with the state noting a multi‑year realization timeline; Andhra Pradesh pitched Quantum Valley, clean‑energy projects and large‑scale skilling under a ‘speed of doing business’ push.