*Research Scholar, School of Management Studies, Jawaharlal Nehru Technological University, Kakinada, Andhra Pradesh, India
**UGC Emeritus Professor, Department of Commerce and Management Studies, Andhra University, Visakhapatnam, Andhra Pradesh, India
Online published on 11 July, 2017.
The newly formed Telangana State consisting of ten districts, with capital as Hyderabad has a forward looking economy, with many positive aspects of growth, and many areas where attention needs to be devoted in future for improving the standard of living of people. The article analyses (1) the demographic features of the State and districts, (2) macro aspects of the State economy in comparison with the all India picture, (3) infrastructure for export promotion, including software development through IT and ITES enterprises, and (4) the development and dispersal of large industries, and micro, small and medium enterprises, district-wise up to end-March 2015. Comparative picture of compound annual growth rate (CAGR) of key parameters of large industries and MSMEs-namely, number of enterprises, fixed investment, and employment is presented from 2005 to 2015. Share of the three regions and the districts has also been depicted. The Hyderabad region consisting of Medak, Hyderabad and Ranga Reddy districts has taken the lion's share of industrialization, as a historical development right from 1970s. The Southern region consisting of four districts stands next, and the Northern region consisting of three districts is at the lowest level of industrial growth. Districts and pockets of the districts influenced by proximity to the metropolis of Hyderabad have benefited to a large extent. This is followed by growth centres where infrastructure development and incentives were made available as a package. Many directions in which the State needs to focus in future periods for accelerating industrialization are highlighted for balanced regional development and improvement of human development index. Backward Regions Grant Fund of the Centre is currently applicable to nine districts, excluding Hyderabad from 2009–10. Many of the viewpoints and observations presented in the article are based on the involvement of the authors in the implementation of various programmes in the State right from 1960s
