PM Modi Dedicates Rs 94 Billion Projects To Transform Telangana
ECONOMY & POLICY

PM Modi Dedicates Rs 94 Billion Projects To Transform Telangana

Prime Minister Narendra Modi laid the foundation stone, inaugurated and dedicated multiple development projects worth around Rs 94 billion (bn) in Hyderabad, Telangana. He described Hyderabad as a transformational centre of national and global importance and said these initiatives would boost manufacturing in Telangana. He said the projects would create thousands of new jobs and strengthen regional connectivity.

He identified the Zaheerabad Industrial Area as a cornerstone of the national mission to develop industrial corridors and characterised the emerging complex as an Industrial Smart City. He said it would be equipped with world-class infrastructure, reliable power supply and advanced information and communications technology networks to attract global investment. Substantial Union Government funding would finance the complex and create employment pathways for young citizens.

He recalled the historical role of the textile industry in India's economy and affirmed the government's commitment to revitalise the sector. He said the PM MITRA Park in Warangal would catalyse a national textile revival and that participating units would receive support under Union Government schemes, including the production linked incentive scheme. Beneficiary enterprises had begun availing scheme support and the park would create significant employment opportunities for women.

He reviewed a sustained 12-year investment trajectory in modern connectivity and noted that nearly Rs 1.75 trillion (tn) had been allocated to National Highways development alone. He observed that Telangana had benefited from this focus, with the state highway network doubling over the period, and he said the Telangana–Karnataka widening project would reduce travel time and lower transport costs. He linked systematic infrastructure investment to tangible local benefits.

He contrasted the pre-2014 railway budget for undivided Andhra Pradesh, under Rs 10 bn, with present annual allocation of over Rs 55 bn. He said Rs 500 bn of railway projects were under implementation and that five Vande Bharat and six Amrit Bharat trains serve Telangana. He added that inaugurations of sections of the Kazipet–Vijayawada multi-tracking project, the dedication of the Kazipet rail under bypass line and the Indian Oil terminal at Malkapur would strengthen energy and transport supply chains.

"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."

Prime Minister Narendra Modi laid the foundation stone, inaugurated and dedicated multiple development projects worth around Rs 94 billion (bn) in Hyderabad, Telangana. He described Hyderabad as a transformational centre of national and global importance and said these initiatives would boost manufacturing in Telangana. He said the projects would create thousands of new jobs and strengthen regional connectivity. He identified the Zaheerabad Industrial Area as a cornerstone of the national mission to develop industrial corridors and characterised the emerging complex as an Industrial Smart City. He said it would be equipped with world-class infrastructure, reliable power supply and advanced information and communications technology networks to attract global investment. Substantial Union Government funding would finance the complex and create employment pathways for young citizens. He recalled the historical role of the textile industry in India's economy and affirmed the government's commitment to revitalise the sector. He said the PM MITRA Park in Warangal would catalyse a national textile revival and that participating units would receive support under Union Government schemes, including the production linked incentive scheme. Beneficiary enterprises had begun availing scheme support and the park would create significant employment opportunities for women. He reviewed a sustained 12-year investment trajectory in modern connectivity and noted that nearly Rs 1.75 trillion (tn) had been allocated to National Highways development alone. He observed that Telangana had benefited from this focus, with the state highway network doubling over the period, and he said the Telangana–Karnataka widening project would reduce travel time and lower transport costs. He linked systematic infrastructure investment to tangible local benefits. He contrasted the pre-2014 railway budget for undivided Andhra Pradesh, under Rs 10 bn, with present annual allocation of over Rs 55 bn. He said Rs 500 bn of railway projects were under implementation and that five Vande Bharat and six Amrit Bharat trains serve Telangana. He added that inaugurations of sections of the Kazipet–Vijayawada multi-tracking project, the dedication of the Kazipet rail under bypass line and the Indian Oil terminal at Malkapur would strengthen energy and transport supply chains.

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