‘Land of the Rising Sun’ shines bright on Telangana: ₹12,000 crore in deals, and more

On a week-long visit that combined business, branding and bold pitches, Telangana Chief Minister A. Revanth Reddy has signed deals worth more than ₹12,000 crores in Japan.

The Chief Minister’s packed schedule saw him engaging with top corporate houses, financial institutions and government agencies—all with a clear message to invest in Telangana.

The tour, which began on April 16, is part of the initiative ‘Telangana Rising’, the state’s broader push to attract global investments and position Hyderabad as a futuristic innovation and manufacturing hub.

An early boost came from Japanese industrial heavyweight Marubeni Corporation, which has committed to establishing a next-generation industrial park in Hyderabad’s upcoming Future City, a pet project of CM Revanth Reddy.

The project, which kicks off with an investment of Rs 1,000 crore, is expected to draw over ₹5,000 crore in phased funding and create thousands of jobs across sectors like electronics, green pharma, aerospace and Defence.

At the India-Japan Economic Partnership Roadshow in Tokyo, CM Reddy addressed an audience of over 150 Japanese business leaders. However, the shot in the arm came from NTT Data, a global leader in digital services, which announced a massive ₹10,500 crore investment to set up an ‘AI Data Center Cluster’ in Hyderabad. The data centre will house 25,000 GPUs and aims to be the nerve centre for India’s growing AI ecosystem.

Meanwhile, discussions with the Japan International Cooperation Agency (JICA) opened doors to potential funding for a string of urban infrastructure projects, including Hyderabad Metro Phase 2 and Musi River rejuvenation. The state is seeking over ₹11,000 crore in funding support for the Metro project alone.

The Telangana Overseas Manpower Company Ltd (TOMCOM) signed MoUs with Japanese agencies TERN Group and Raj Group to facilitate the recruitment of skilled workers from Telangana. Around 500 job openings are expected to open up in the next two years across various sectors like healthcare, engineering, hospitality and construction. 

Tech and culture came together during CM Reddy’s visit to Sony headquarters, where the team interacted with Crunchyroll, Sony’s animation arm.

The CM presented his plans to build a cutting-edge Film City in Hyderabad that could integrate VFX, animation and gaming.

Adding to the list of collaborations is Toshiba, which signed an MoU to expand its manufacturing footprint in Telangana with an investment of ₹562 crore. The new facility will focus on surge arresters and advanced power equipment for India’s energy sector.

For the Telangana government, Japan’s visit wasn’t just about the numbers but also about showcasing the state’s readiness to engage with the world. The Telangana CM will wrap up the Japan tour on April 22. 

Business