economy of Telangana

{{Use dmy dates|date=February 2024}}

{{Use Indian English|date=February 2020}}

{{Short description|none}}

{{Infobox economy

| country = Telangana

| image = Durgam Cheruvu Cable bridge 02102020.jpg

| gdp = {{INRConvert|1800003|c|year=2024}} (2025-26 est.)https://prsindia.org/files/budget/budget_state/telangana/2025/Telengana_Budget_Analysis_2025-26.pdf

| gdp rank = 9th

| image_size = 300px

| caption = Hyderabad, the capital of Telangana.

| year = 1 April – 31 March

| growth = 11.9% (2023-24 est.)

| per capita = {{plainlist|

• {{increase}}{{INRConvert|year=2024|420347||0|}} (2024-2025) {{cite web|title=Gross State Value Added in Current Prices |url= https://mospi.gov.in/sites/default/files/press_releases_statements/GSVA_NSVA_Economic_Activity/Telengana_03042025.xlsx |publisher=Ministry of Statistics and Programme Implementation |page=1 |access-date=4 April 2025}}
• {{increase}}$20,345(PPP; 2024-2025) {{cite web | title=National Currency per International Dollar | url= https://www.imf.org/external/datamapper/PPPEX@WEO/OEMDC/ |publisher=International Monetary Fund |access-date=13 May 2025}}}}

| per capita rank = 5th

| sectors = Agriculture (21%)
Industry (17%)
Services (61%) (2021-22)

| components =

| inflation = {{decreasepositive}} 7.46% (2019-20){{cite web|title=Socio Economic Outlook 2023|url=https://www.telangana.gov.in/PDFDocuments/Telangana-Socio-Economic-Outlook-2023.pdf|website=telangana.gov.in|publisher=Planning Department, Government of Telangana|access-date= 23 February 2023}}

| poverty = {{decreasepositive}} 5.77%

| gini =

| hdi =

| labor =

| occupations = Agriculture (45.8%)
Industry (21.0%)
Services (33.2%) (2020-21)

| unemployment = {{decreasePositive}} 7.4% (June 2021){{cite web|title=Unemployment Rate in India |url=https://unemploymentinindia.cmie.com/ |publisher=Centre for Monitoring Indian Economy |page=1 |access-date=23 June 2021}}

| average gross salary = 256465

| gross median =

| average net salary = 211344

| net median =

| industries =

| exports =

| export-goods =

| export-partners =

| imports =

| import-goods =

| import-partners =

| FDI =

| current account =

| gross external debt =

| NIIP =

| debt = 29.29% of GSDP (2024-25 est.)

| balance = {{INRConvert|-52167|c|nolink=yes}} 4.0% of GSDP (2022-23 est.)

| revenue = {{INRConvert|2.97|lc|nolink=yes}} (2022-23 est.)

| expenses = {{INRConvert|3.55|lc|nolink=yes}} (2022-23 est.){{cite web|title=Telangana Budget Analysis 2023-24|url=https://prsindia.org/budgets/states/telangana-budget-analysis-2023-24|website=PRS Legislative Research|access-date=12 March 2022}}

| aid =

| credit =

| spelling = Oxford

| presentUS$asdefault = no

| Image caption = Financial District Hitech City road Hyderabad

}}

[[File:Coal Handling Ropeway near Pamulapalli.jpg|thumb|Coal Handling Ropeway at

Aswapuram, Khammam district]]

Telangana is one of the fastest-growing states in India posing average annual growth rate of 13.90% over the last five years.{{cite news|title=State economy growing faster than nation’s|url=https://www.thehindu.com/news/national/telangana/state-economy-growing-faster-than-nations/article29377062.ece|newspaper=The Hindu|author=N. Rahul}} Telangana's nominal gross state domestic product for the year 2023-24 stands at ₹15.2 lakh crore (US$180 billion). Service sector is the largest contributor to the Telangana's economy with a share of about 65% in the year 2018-19. Growth in services has largely been fuelled by IT services with the State holding leading position in IT & ITeS in the country in terms of production and exports.{{cite news|title=Telangana leads the country in services sector growth|url=https://www.newindianexpress.com/states/telangana/2020/feb/01/telangana-leads-the-country-in-services-sector-growth-2097329.html|work= The New Indian Express}}

Around 54% of GDP comes from Hyderabad metropolitan . Agriculture also form a backbone of Telangana's Economy. Two important rivers of India, the Godavari and Krishna, flow through the state, providing irrigation. Farmers in Telangana mainly depend on rain-fed water sources for irrigation. Rice is the major food crop. Other important local crops are cotton, sugar cane, mango and tobacco. Recently, crops used for vegetable oil production, such as sunflower and peanuts, have gained favour. There are many multi-state irrigation projects in development, including Godavari River Basin Irrigation Projects.

The state has also started to focus on the fields of information technology and biotechnology. There are 68 Special Economic Zones in the state.{{cite web |title=TG Special Economic Zones |url=http://sezindia.nic.in/HTMLS/578FormalapprovalsgrantedunderSEZAct19thJune,09.pdf |publisher=sezindia |access-date=3 June 2014 |url-status=dead |archive-url=https://web.archive.org/web/20091007035200/http://www.sezindia.nic.in/HTMLS/578FormalapprovalsgrantedunderSEZAct19thJune,09.pdf |archive-date=7 October 2009 }}

Telangana is a mineral-rich state, with coal reserves at Singareni Coal mines.{{cite web|title=The Singareni Collieries Company Limited|url=http://scclmines.com/scclnew/index.asp|publisher=scclmines|access-date=3 June 2014}}