Telangana Industries
Manufacture of pharmaceuticals, medicinal, clinical and botanical products constitute about 29% of the GVA within the manufacturing sector, followed by manufacture of electrical equipment (11%), manufacture of other non-metallic mineral products (9 %) and manufacturing of food products (9 %). In terms of investment, manufacture of pharmaceuticals, other non-metallic mineral products, rubber and plastic products, electrical equipment and food products account for about 54 percent of total investment (fi xed capital) within total manufacturing sector in the State.
There is a high fluctuation in growth performance of industrial sector in Telangana in recent years. Manufacturing sector contributes about 55.0% in total industrial sector GVA in the State, as a result, growth in manufacturing sector has high impact on industrial sector. Industrial sector in the State is likely to register a growth rate of 8.4% in current prices and 8.3% at constant (2011-12) prices during 2015-16 (AE) (Figure 4.1), during the same period manufacturing sector is likely to grow at 8.2% in current prices and 9.5% in constant prices. A trend analysis reveals that industrial sector growth has picked up over a period of time, putting in a high growth trajectory.
The Micro, Small and Medium Enterprises (MSME) is playing a key role in economic and social development of the State and is providing direct employment opportunities to 64,604 people and with a vast network of around 5,787 units. Its contribution in terms of indirect employment, providing inputs/ raw material for other sectors and export earnings, is immense.
Handloom industry occupies unique place in the country for its exclusive arts and artifacts of handloom weavers. Ethnic handloom design of Telangana has been promoting the cultural glory of the State, over the years. The design pattern of Pochampally Ikat’s, Gadwala cotton, Silk and Sico sarees, Narayanpet cotton, Silk sarees, Warangal durries, Karimnagar bed sheets and furnishings shows the outstanding skills of handloom weavers of the State. Signifi cant portion of State workforce is dependent on handloom industry for employment.
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