In government or not, BRS always strives for Telangana’s growth, says KTR at GCC Summit

KTR said Hyderabad is emerging as India’s top GCC hub, crediting BRS reforms for its growth. Speaking at the GCC Summit, he urged the current government to sustain investment momentum and highlighted chartered accountants’ role in strengthening investor confidence

Hyderabad: BRS working president KT Rama Rao said Hyderabad was fast emerging as the capital of Global Capability Centres (GCCs) in India and expressed confidence that the city, currently ranked second in the country, would soon overtake Bengaluru. He said the city’s transformation into a GCC powerhouse was the result of a decade of planned development and institutional reforms initiated by the previous BRS government.

Speaking at the third edition of the GCC Summit Series 2025 organised by the Institute of Chartered Accountants of India (ICAI) here on Thursday, Rama Rao said Hyderabad’s progress was built not on individuals, but on systems and policies that guarantee stability and long-term growth. He credited the reforms in governance, business facilitation, and infrastructure by the BRS regime for making Telangana a top destination for global investors in IT, banking, pharma, and healthcare sectors.

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“When BRS was in power, we did our best to ensure that the vibrancy and innovative edge that Hyderabad has is constantly up. Innovation is not confined to the technology sector, but it can also happen in governance. We brought reforms like TS-iPASS to attract global investments, which are not available even in the US,” he added.

The former Minister appealed to the present Congress government to sustain the growth momentum and continue attracting major investments, regardless of political differences. “Whether we are in power or not, I want to see Telangana prosper. I hope Hyderabad soon becomes number one in global capability centres,” he said.

Highlighting Hyderabad’s potential, Rama Rao urged chartered accountants to play a proactive role in strengthening investor confidence. “The importance of CAs has increased immensely in the era of economic reforms and digital finance. They are the backbone of compliance, transparency, and corporate governance,” he noted.

He also credited the city’s growth to its investor-friendly ecosystem, stable policies, and focus on innovation, which have encouraged multinational firms to expand their operations. “Hyderabad today symbolises what good governance and vision-driven leadership can achieve,” he added.