Trump Technology Group announces ₹21 lakh crore Telangana plan
HYDERABAD: Trump Technology Group on Monday said it would invest ₹21 lakh crore in the upcoming Bharat Future City, giving a major boost to Telangana’s aim of positioning itself as a global technology and innovation hub.
The announcement was made by Eric Swider, director of Trump Media and Technology Group, during the inaugural session of the Telangana Rising Global Summit 2025.
Swider said the funds would be deployed over 10 years across sectors such as digital infrastructure, emerging technologies and futuristic urban development within Bharat Future City.
He said the global technology landscape had shifted, with India increasingly emerging as a frontrunner in innovation, talent and entrepreneurship.
“You would be blind not to see that technology capitalists around the world are coming from India. India is on the rise and I don’t think India is going to stop. It will continue to rise and lead the world in technology,” he said.
Swider conveys interest in long-term partnership
Thanking the Telangana government for the opportunity to collaborate, Swider told chief minister A Revanth Reddy that the state offered an environment suitable for long-term investments.
He added that the organisations he represents including Renatus Tactical Acquisition Corporation, where he serves as chief executive officer and board member were keen to participate in the state’s development ecosystem.
Swider earlier served as the chief executive officer of Digital World Acquisition Corporation, which merged with Trump Media and Technology Group.
Special chief secretary (IT and industries) Jayesh Ranjan, speaking at the session, requested Swider to convey to United States President Donald Trump that a major street in Hyderabad had been named after him, signalling the city’s strengthening global links.
