CM Revanth Reddy Initiates Strategic Plan for Industrial hub
ECONOMY & POLICY

CM Revanth Reddy Initiates Strategic Plan for Industrial hub

Chief Minister A. Revanth Reddy has instructed relevant authorities to identify land parcels spanning 500 to 1,000 acres between the Outer Ring Road (ORR) and the proposed Regional Ring Road (RRR) for the development of new industrial clusters. These lands should be situated within a distance of 50 to 100 km from the international airport and national/State highways. The Chief Minister issued these directives during a meeting with senior officials focused on industrial development in the State.

He emphasized that the lands earmarked for industrial development should be arid and non-cultivable to safeguard farmers from losses and minimize the potential for pollution, while also being positioned away from residential areas. Acquiring such lands would not only reduce costs but also garner support from farmers for the government's initiatives.

The Chief Minister further instructed concerned officials to provide information on the extent of lands allocated for industrial setups and the remaining unutilized land. Officials were tasked with submitting a comprehensive report on the allocated land's status in various areas, the number of industries established, and their current status.

The government places a premium on decentralizing industrial development and encourages prioritizing non-polluting units. Simultaneously, officials were urged to propose alternatives to industrial clusters in Nacharam, Jeedimetla, and Katedan within the Greater Hyderabad Municipal Corporation (GHMC) limits. Mr. Revanth Reddy inquired about the status of IDPL lands and requested a detailed report on the matter.

Additionally, officials were directed to explore best practices from the Middle East and Europe for establishing bulk drug units. Efforts should be made to ensure that new industrial units utilize solar energy instead of conventional thermal power.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Chief Minister A. Revanth Reddy has instructed relevant authorities to identify land parcels spanning 500 to 1,000 acres between the Outer Ring Road (ORR) and the proposed Regional Ring Road (RRR) for the development of new industrial clusters. These lands should be situated within a distance of 50 to 100 km from the international airport and national/State highways. The Chief Minister issued these directives during a meeting with senior officials focused on industrial development in the State. He emphasized that the lands earmarked for industrial development should be arid and non-cultivable to safeguard farmers from losses and minimize the potential for pollution, while also being positioned away from residential areas. Acquiring such lands would not only reduce costs but also garner support from farmers for the government's initiatives. The Chief Minister further instructed concerned officials to provide information on the extent of lands allocated for industrial setups and the remaining unutilized land. Officials were tasked with submitting a comprehensive report on the allocated land's status in various areas, the number of industries established, and their current status. The government places a premium on decentralizing industrial development and encourages prioritizing non-polluting units. Simultaneously, officials were urged to propose alternatives to industrial clusters in Nacharam, Jeedimetla, and Katedan within the Greater Hyderabad Municipal Corporation (GHMC) limits. Mr. Revanth Reddy inquired about the status of IDPL lands and requested a detailed report on the matter. Additionally, officials were directed to explore best practices from the Middle East and Europe for establishing bulk drug units. Efforts should be made to ensure that new industrial units utilize solar energy instead of conventional thermal power.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement