Zaheerabad Node Gets Rs 24 Billion Boost Under HNIC

28 Jul 2025 CW Team

The Zaheerabad Industrial Area (ZIA) is set to be developed as a priority node under the Hyderabad–Nagpur Industrial Corridor (HNIC) at an estimated cost of Rs 23.6 billion.

The Union government has approved its contribution via the National Industrial Corridor Development and Implementation Trust (NICDIT), comprising Rs 5.96 billion in equity and Rs 6.55 billion as debt, according to Union Minister of State for Commerce and Industry, Jitin Prasada. He was responding to a question raised by Member of Parliament Kadiyam Kavya.

Located in the Sangareddy district, the HNIC node spans an activation area of 3,245 acres. A dedicated special purpose vehicle, NICDIT Zaheerabad Industrial Smart City, has been set up for the project, and the tendering process for selecting the Project Management for New Cities (PMNC) has commenced.

Responding to further queries from Dr Kavya regarding the Hyderabad–Nagpur and Hyderabad–Warangal industrial corridors, the Minister stated that in August 2024, the Centre had given approval to the Telangana government’s proposal for the Zaheerabad node under the National Industrial Corridor Development Programme (NICDP).

As for the Hyderabad–Warangal Industrial Corridor (HWIC), Hyderabad Pharma City was initially identified for development. However, due to the State government's failure to confirm the project, the NICDIT Board of Trustees decided on 8 June 2022 to withdraw it.

Mr Prasada also noted that the Centre had granted final approval for two National Investment and Manufacturing Zones (NIMZs) in the region: one in Sangareddy (formerly Medak) on 22 January 2016, and another in Hyderabad Pharma City, Rangareddy district, on 10 December 2019.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..