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Detail Factual Overview

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Economy

Economy

  • GSDP (2023–24 est.): ₹13–15 lakh crore (~US$160–180 billion)
  • Economic Rank: Among top 8 states in India
  • Key Sectors:
    • Information Technology (IT): Hyderabad is a major IT hub.
    • Pharmaceuticals: Known as the “Bulk Drug Capital of India
    • Agriculture: Rice, cotton, maize, pulses
    • Industries: Textiles, cement, electrical equipment
  • Special Economic Zones (SEZs): Several, especially in and around Hyderabad