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HomeIndiaGovernanceDavos in January, Hyderabad in July: Why Telangana CM Revanth is pitching...

Davos in January, Hyderabad in July: Why Telangana CM Revanth is pitching for a mid-year WEF follow-up

At Davos, Telangana CM proposes WEF to organise follow-up forum every year in July or August in his capital, says one-year gap is not conducive in modern business cycles.

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Hyderabad: Telangana Chief Minister Revanth Reddy, who is attending the World Economic Forum (WEF) annual meeting in Davos for the third time in a row, has proposed to host a follow-up meet of the summit in Hyderabad every July.

The CM’s proposal, made Tuesday during the ‘Join The Rise’ event, received “unanimous support from global business leaders and policy makers,” officials said.

At the event, he stated that “one year is a very long time for follow-ups in modern business cycles and making investment decisions,” and proposed to the WEF to organise another follow-up forum every year—in July or August—in Hyderabad.

“I request you to join me in making this happen—to bring a July WEF Forum to Hyderabad,” Revanth said, according to a statement from the Chief Minister’s Office.

The Telangana chief minister has been aggressively pitching Hyderabad as a top investment hub, especially for Global Capability Centres (GCCs).

Jayesh Ranjan, special chief secretary, Metropolitan Area & Urban Development, told ThePrint from Davos that the logic behind the proposal is the high attendance and engagement of India delegations every year in Switzerland.

“India has become a major draw at Davos, with participation of CMs, corporate tycoons, CII (Confederation of Indian Industry), delegations. Many MoUs related to investments in India are inked; business deals, plans, intentions announced. So, why not take all this forward in India itself, and which city can be more suitable for a mid-year follow-up meet than Hyderabad?” Ranjan explained.

He cited the city’s centrality in the country, and large-scale, world class convention infrastructure like the HICC where Bio-Asia and other international events are held. Last year, the Miss World 2025 pageant was also hosted in Hyderabad.

Chief Ministers including Chandrababu Naidu of Andhra Pradesh, several Union ministers, apart from many Indian corporate leaders from India, are in regular attendance at WEF Davos, a meeting ground annually for the world’s elite in political and business fields.

Claiming a positive response to their Hyderabad follow-up meet proposal, Ranjan said they are discussing the idea with the WEF leadership, to give it a shape as soon as possible.

Revanth, meanwhile, said that the Telangana Rising Global Summit, which his government held in December at the proposed ‘Future City’ near Hyderabad, was “very successful,” attracting investments worth over Rs 5.75 lakh crore.

Buoyed by its success, the CM said his administration decided to talk to the WEF about hosting the follow-up Forum in Hyderabad.

“Normally, we come to Davos to sign MoUs, but this year, after Global Business Summit success, we are focusing on presenting our vision and policies,” he said, adding that the Telangana Rising Global Summit showcased the state’s growth framework and the vision for 2047 saw the launch of Telangana AI Innovation Hub (TAIH) and Telangana Next-Gen Life Sciences Policy 2026-2030.

The CM-led delegation elaborated about Telangana’s plans for new economic zones, building a new city, and a new manufacturing zone to become a China +1 alternative option.

Revanth informed the high-profile attendees that Hyderabad grew into a global hub for GCCs. Hyderabad, he asserted, was being developed as India’s first city to be operational 24 hours—with a focus on night-time economy on both sides of the Musi river.

(Edited by Tony Rai)

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