Telangana Trade and Commerce

Historic View:-

The British had set up Hyderabad as the largest state in the Indian subcontinent, but left it with a backward economy. The richer agricultural regions which the Nizam had earlier controlled – Berar (Vidarbha) and coastal Andhra-were annexed to British territories.

Based primarily on the Deccan plateau, between the Krishna and Godavari rivers, the state had mainly a dry economy cultivating jawar and bajra and limited rice, wheat and pulses as the main Food Crops. Irrigation and commercial agriculture did not really become significant until the 1930s when Cotton and sugarcane cultivation began on a larger scale. Throughout the period, there was little Growth of agriculturally linked trade and business, and little development of roads and other Infrastructure-2/”>INFRASTRUCTURE. Only minor Industry developed in the towns of Hyderabad, Warangal and Aurangabad, with some coal mining in the Telangana region.

Society of the former Hyderabad State was essentially rural-based, as around 88% of the Population resided in villages. Poor Literacy rate which stood at 70 literates per 1000 persons in 1940-41 remaining lowest not only as compared to British Indian Provinces, but even as compared to some of the Native States.

The Seventh Nizam, Mir Osman Ali Khan was very good administrator who has taken number of steps to improve the administration by studying the problems of debt, tenancy, constitutional reforms and took measures including construction of reservoirs and development of irrigation, establishment of cooperative credit system through organized banks, study of rural and agrarian conditions, indebtedness, tenancy problems, etc.,

In 1920, there were 120 factories in the state, excluding cotton ginning and pressing mills. An industrial alcohol factory (1925), a soap factory (1919), the Shahbad Cement Factory (1925) and the Deccan Glass works (1927) were some of 105 the important units started up to 1930. During the Second World War, two Metal factories, two cigarette factories (Charminar and Golconda factories), Nizam Sugar Factory (1939), Praga Tools Corporation (1943) and Allwyn Metal Works (1942) were established. After the War, Sirsilks and Sirpur Paper Mills at Sirpur were established. The expenditure on industries and commerce also gradually increased from 1912-13 onwards.

Current Scenario:-

The Industries & Commerce Department is under control of General Administration Department, Government of Telangana, Secretariat, Hyderabad. This Department is looking after the Sections like Mines, Handlooms & Textiles, Industrial Establishment – Sugar Industries & Commerce, Export & Promotion, INF & IP (Infrastructure & Industrial Promotion), MSME-FP- Biotech, Vigilance & IFR & Miscellaneous.

Industries

There are four key industrial economic sectors: the Primary Sector, largely raw material extraction industries such as mining and farming; the Secondary Sector, involving refining, construction, and manufacturing the Tertiary Sector, which deals with Services (such as law and medicine) and distribution of manufactured goods and the Quaternary Sector, a relatively new type of knowledge industry focusing on technological research, design and development such as computer programming, and biochemistry it contributed 10% to India 98% of Andhra Pradesh’s exports in IT and ITES sectors last 2013, with Hyderabad as in the front line of Telangana’s aims to promote information technology in India, the city boasts the Hitech city as its premier hub, The State Government is in the process of developing industrial parks at different places, for specific group of industries, The existing parks are Software park at Hyderabad, Hitech city for software units, Apparel park at Gudlapochampalli, Export Promotion park at pashamylaram, Bio-technology park at Turkapally,

Hyderabad is also major site for healthcare related industries and automobiles and auto components industry,

Awards

Telangana state has won CNBC –TV18 promising state of the year award for the year of 2015 , The Jury for India Business leader awards (IBLA) has collectively chosen Telangana for the Award,

Framework of future policy:-

Enhancing the competiveness of the sector through appropriate policy to make Telangana the most preferred destination for the Industry,
Attracting new investments worth Rupees 20,000 crore (approximately USD 3 billion) in the sector by 2020,
The state proposes to capture 20 percent share of the $100 billion market opportunity of India by 2025 with $13.5 billion share by 2020,
Exports target of Rupees 50,000 crore by 2020,
Creating an additional EMPLOYMENT opportunity for 50,000 skilled personnel in the sector,
Promoting applied R&D and innovation through bridging the gap between industry, academia, and R&D institutions
Promotion and strengthening of quality infrastructure,

To achieve these objectives, the Policy will utilize nine specific policy instruments:-

SIMPLIFICATION of regulatory approvals,
Infrastructure
Incubation and Funding
Capacity building
Incentives
Market penetration
Investment promotion
Optimum utilization of government of India schemes
Private sector PARTNERSHIP

Telangana is a state in India that is located in the southern part of the country. It is the 12th largest state in India by area and the 10th most populous state. The capital of Telangana is Hyderabad.

Telangana is a major agricultural state. The major crops grown in Telangana are rice, cotton, sugarcane, and tobacco. The state is also a major producer of milk, meat, and eggs.

Telangana is also a major industrial state. The major industries in Telangana are automobiles, chemicals, engineering, finance, Food Processing, IT and ITES, jute, leather, mining, pharmaceuticals, power, real estate, textiles, tourism, transportation, water Resources, and wood and paper products.

The automobile industry is one of the major industries in Telangana. The major automobile manufacturers in Telangana are Maruti Suzuki, Hyundai, Tata Motors, and Mahindra & Mahindra.

The chemical industry is another major industry in Telangana. The major chemical companies in Telangana are Grasim Industries, ACC, and Hindustan Unilever.

The engineering industry is also a major industry in Telangana. The major engineering companies in Telangana are Larsen & Toubro, Tata Consultancy Services, and Infosys.

The finance industry is another major industry in Telangana. The major financial institutions in Telangana are State Bank of India, ICICI Bank, and HDFC Bank.

The food processing industry is also a major industry in Telangana. The major food processing companies in Telangana are ITC, Nestle, and PepsiCo.

The IT and ITES industry is another major industry in Telangana. The major IT and ITES companies in Telangana are Infosys, Wipro, and TCS.

The jute industry is also a major industry in Telangana. The major jute companies in Telangana are National Jute Manufacturers Corporation and Jute Corporation of India.

The leather industry is another major industry in Telangana. The major leather companies in Telangana are Indian Leather Manufacturers Association and Council for Leather Exports.

The mining industry is also a major industry in Telangana. The major mining companies in Telangana are Hindustan Zinc, NALCO, and Coal India.

The pharmaceutical industry is another major industry in Telangana. The major pharmaceutical companies in Telangana are Dr. Reddy’s Laboratories, Aurobindo Pharma, and Sun Pharmaceutical Industries.

The power industry is also a major industry in Telangana. The major power companies in Telangana are Telangana State Power Generation Corporation and Telangana State Transmission Corporation.

The real estate industry is another major industry in Telangana. The major real estate companies in Telangana are DLF, Godrej Properties, and Prestige Group.

The textile industry is also a major industry in Telangana. The major textile companies in Telangana are Raymond, Grasim Industries, and Arvind Mills.

The tourism industry is another major industry in Telangana. The major tourist destinations in Telangana are Charminar, Golconda Fort, and Qutb Shahi Tombs.

The transportation industry is also a major industry in Telangana. The major transportation companies in Telangana are Indian Railways, Air India, and Jet Airways.

The Water Resources industry is another major industry in Telangana. The major water resources companies in Telangana are Telangana State Water Resources Development Corporation and Telangana State Irrigation Development Corporation.

The wood and paper products industry is also a major industry in Telangana. The major wood and paper products companies in Telangana are Andhra Pradesh Paper Mills and Hindustan Paper Corporation.

Telangana is a major trade and commerce hub in India. The state has a well-developed infrastructure and a skilled workforce. The state is also home to a number of major industries. Telangana is a major investment destination and is expected to grow at a rapid pace in the coming years.

Here are some frequently asked questions and short answers about Telangana:

What is the capital of Telangana?
The capital of Telangana is Hyderabad.
What is the Population of Telangana?
The population of Telangana is 35,288,483.
What is the language spoken in Telangana?
The language spoken in Telangana is Telugu.
What is the currency of Telangana?
The currency of Telangana is the Indian rupee.
What is the time zone of Telangana?
The time zone of Telangana is UTC+5:30.
What is the Climate-of-telangana/”>Climate of Telangana?
The climate of Telangana is tropical.
What are the major industries in Telangana?
The major industries in Telangana are agriculture, manufacturing, and IT.
What are the major tourist attractions in Telangana?
The major tourist attractions in Telangana are the Charminar, the Golconda Fort, and the Qutb Shahi Tombs.
What are some famous people from Telangana?
Some famous people from Telangana are P. V. Narasimha Rao, M. C. Rajah, and K. Chandrashekar Rao.
What are some interesting facts about Telangana?
Some interesting facts about Telangana are that it is the largest state in India by area, it is the only state in India that has a Muslim majority, and it is the birthplace of the Indian film industry.
What are some challenges facing Telangana?
Some challenges facing Telangana are POVERTY, Unemployment, and water scarcity.
What are some opportunities for Telangana?
Some opportunities for Telangana are its rich Natural Resources, its skilled workforce, and its strategic location.
What is the future of Telangana?
The future of Telangana is bright. The state has a strong economy, a young population, and a vibrant culture. Telangana is poised to become one of the leading states in India.

Here are some MCQs about Telangana:

Which of the following is not a district of Telangana?
(A) Hyderabad
(B) Ranga Reddy
(C) Karimnagar
(D) Adilabad
The capital of Telangana is:
(A) Hyderabad
(B) Warangal
(C) Nizamabad
(D) Karimnagar
Telangana is a state in the:
(A) North of India
(B) South of India
(C) East of India
(D) West of India
The Official Language of Telangana is:
(A) Telugu
(B) Hindi
(C) English
(D) Urdu
The population of Telangana is:
(A) 35 million
(B) 40 million
(C) 45 million
(D) 50 million
The literacy rate of Telangana is:
(A) 65%
(B) 70%
(C) 75%
(D) 80%
The main crops grown in Telangana are:
(A) Rice, cotton, and tobacco
(B) Wheat, barley, and millet
(C) Sugarcane, maize, and pulses
(D) Tea, coffee, and rubber
The main industries in Telangana are:
(A) Textiles, pharmaceuticals, and electronics
(B) Steel, cement, and chemicals
(C) Automobiles, machinery, and engineering
(D) Software, IT services, and BPO
The main tourist attractions in Telangana are:
(A) The Charminar, Golconda Fort, and Qutb Shahi Tombs
(B) The Warangal Fort, the Thousand Pillar Temple, and the Ramappa Temple
(C) The Srisailam Temple, the Bhadrachalam Temple, and the Yadagirigutta Temple
(D) The Nagarjuna Sagar Dam, the Kaleswaram Project, and the Indira Sagar Project
The Famous Personalities from Telangana are:
(A) Alluri Sitarama Raju, Komaram Bheem, and Potti Sriramulu
(B) C. Narayana Reddy, Dasari Narayana Rao, and K. Viswanath
(C) M. Bal Gangadhar Tilak, Mahatma Gandhi, and Jawaharlal Nehru
(D) Dr. B.R. Ambedkar, Sardar Vallabhbhai Patel, and Maulana Abul Kalam Azad

I hope these MCQs were helpful!