Telangana Chief Minister A Revanth Reddy, during his ongoing visit to Japan, has sought financial assistance from the Japan International Cooperation Agency (JICA) to support a series of ambitious urban infrastructure projects, including the second phase of the Hyderabad Metro Rail and the rejuvenation of the Musi River.
In a high-level meeting with JICA Senior Vice President Shohei Hara and other top executives in Tokyo, Reddy highlighted the scale and significance of Telangana’s urban transformation agenda. The proposed second phase of the Hyderabad Metro is estimated to cost ₹24,269 crore, with the Telangana government seeking JICA’s support for a ₹11,693 crore loan—nearly 48% of the total cost. The CM stressed that the state is adhering strictly to India’s foreign debt funding norms.
Alongside the Metro expansion, Reddy pitched the Musi River rejuvenation and development of new radial roads linking Hyderabad’s Outer and Regional Ring Roads (ORR & RRR) as key projects deserving of JICA support. He emphasized his vision of transforming Hyderabad into a global city on par with Tokyo and New York.
During the meeting, JICA expressed interest and advised the Telangana government to actively pursue approvals from the central government to facilitate JICA’s support for these transformative projects.
Marubeni Corporation to Set Up ₹1,000 Cr Industrial Park Near Hyderabad
In a parallel engagement, the Telangana delegation also held strategic discussions with the leadership of Marubeni Corporation, one of Japan’s leading industrial conglomerates. As a result, both sides signed a Letter of Intent (LoI) for the establishment of a cutting-edge industrial park in the proposed “Future City” near Hyderabad.
With an initial investment of ₹1,000 crore, the industrial park will be spread across 600 acres and is expected to attract cumulative investments exceeding ₹5,000 crore. The park will focus on sectors such as electronics, green pharma, precision engineering, aerospace, and defence, while creating around 30,000 direct and indirect jobs.
Sony Corporation Engagement and Vision for Modern Film City
The Chief Minister also visited Sony Corporation’s Tokyo headquarters, where he was given an in-depth presentation on Sony’s latest innovations, including the workings of its animation subsidiary, Crunchyroll. During discussions, Reddy highlighted Hyderabad’s strengths in the animation, VFX, and gaming sectors, and outlined his plan to establish a state-of-the-art film city offering end-to-end production capabilities.
Reddy’s Japan tour reflects Telangana’s proactive efforts to attract foreign investment and global collaboration to fast-track the state’s development vision.
Sources By Agencies
