Hyderabad is turning out to be a global electronic, automotive & pharma manufacturing hub and is home to several leading organisations. The automobile sector has grown in leaps and bounds in the state and houses some of the leading names in the industry. Due to the booming automobile sector, related manufacturing and service sectors have also made their presence felt in this region. The Pharma majors have invested heavily in this region which includes manufacturing facilities and the state is poised for setting up a Pharma City of India.
Telangana is also turning out to be an upcoming hub for electric vehicles and energy storage systems. The increased connectivity with the rest of the country and world has turned Hyderabad into a city with major industrial investment and records tremendous growth. With the state having innumerable SEZs, the industrial sector in Telangana and especially in and around Hyderabad is rapidly developing. Expos like IPEC 2024 will be the cynosure of all eyes in an industry driven state like Telangana.
ONE OF THE LARGEST INDUSTRIAL HUBS IN SOUTH INDIA
Hyderabad has a significant position in Pharma Sector, it ranks first in manufacturing of bulk drugs and third in formulations in the country. It accounts for 40 per cent of the total Indian bulk drug production and 50 per cent of the bulk drug exports. Hyderabad is considered as the ‘Bulk Drug Capital of India’.
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Hyderabad ranks 1st in manufacturing drugs in India
Largest armed force in the world
Largest defence budget in the world
Automotive and autocomponent manufacturers spread across Andhra Pradesh and Telangana.