Telangana boosts development in state with upcoming industrial parks project
Real Estate

Telangana boosts development in state with upcoming industrial parks project

As reported, the IT and Industries Minister KT Rama Rao recently inaugurated the TIF-MSME Green Industrial Park which is located at Dandumalkapur in the state of Telangana. The first of its kind park has been built in a joint collaboration between the Telangana State Industrial Infrastructure Corporation (TSIIC) with the Telangana Industrialists Federation (TIF).

The minister laid emphasis on the State Government’s efforts to actively attract and pull in investments that will, in turn, create numerous employment opportunities for the people in the region. 

Reportedly, the TIF-MSME is a pollution-free park that can accommodate more than 450 industrial units – spread over 482 acre, it will aid in providing jobs to a large number of people: 19,000 work opportunities through direct employment and 30,00 work opportunities through indirect employment. 

 As a push to the government’s goal, the park will also house a skill development centre that will be focused on providing vocational training to the youth. Additionally, a housing colony is also being set covering a distance of 192 acre in the park itself – benefiting the workers and trainees. 
With the park reportedly attracting investments of around Rs 15.52 billion, the minister also stated that the park would further expand by 2,000 acre in the near future. 

The inauguration of the park comes at a time when the Telangana Government has further planned out the establishment of 14 industrial parks across the expanse of 14 rural districts. Reportedly, the work for these will soon be underway at lands that have already been acquired by the officials. TSIIC has again been charged with their development along with the department of industry. 

As reported, the parks are likely to be known as the Industrial Area Local Authority (IALA) as per the status given to them by the government. Allotment of land has ranged from 300 to 1,000 acre for the project and the employment of locals is the main objective. 

Additionally, further proposals for the formation of Autonagar in about 10 districts of the state, is also underway. It will bring about growth in vehicle sales and repairs while giving jobs to people. 

As reported, the IT and Industries Minister KT Rama Rao recently inaugurated the TIF-MSME Green Industrial Park which is located at Dandumalkapur in the state of Telangana. The first of its kind park has been built in a joint collaboration between the Telangana State Industrial Infrastructure Corporation (TSIIC) with the Telangana Industrialists Federation (TIF).The minister laid emphasis on the State Government’s efforts to actively attract and pull in investments that will, in turn, create numerous employment opportunities for the people in the region. Reportedly, the TIF-MSME is a pollution-free park that can accommodate more than 450 industrial units – spread over 482 acre, it will aid in providing jobs to a large number of people: 19,000 work opportunities through direct employment and 30,00 work opportunities through indirect employment.  As a push to the government’s goal, the park will also house a skill development centre that will be focused on providing vocational training to the youth. Additionally, a housing colony is also being set covering a distance of 192 acre in the park itself – benefiting the workers and trainees. With the park reportedly attracting investments of around Rs 15.52 billion, the minister also stated that the park would further expand by 2,000 acre in the near future. The inauguration of the park comes at a time when the Telangana Government has further planned out the establishment of 14 industrial parks across the expanse of 14 rural districts. Reportedly, the work for these will soon be underway at lands that have already been acquired by the officials. TSIIC has again been charged with their development along with the department of industry. As reported, the parks are likely to be known as the Industrial Area Local Authority (IALA) as per the status given to them by the government. Allotment of land has ranged from 300 to 1,000 acre for the project and the employment of locals is the main objective. Additionally, further proposals for the formation of Autonagar in about 10 districts of the state, is also underway. It will bring about growth in vehicle sales and repairs while giving jobs to people. 

Next Story
Infrastructure Energy

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

Next Story
Infrastructure Energy

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

Next Story
Infrastructure Energy

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?