Centre Identifies Zaheerabad as Key Node in Hyderabad-Nagpur Corridor

26 Jul 2025 CW Team

The Union government has designated Zaheerabad Industrial Area (ZIA) in Sangareddy district as a priority node under the Hyderabad-Nagpur Industrial Corridor (HNIC), as part of the National Industrial Corridor Development Programme (NICDP), Union Minister of State for Commerce and Industry Jitin Prasada informed Lok Sabha.

In a written reply to Congress MP Kadiyam Kavya, the minister said the Zaheerabad project covers 3,245 acre and involves a total investment of Rs 23.60 billion. The Centre’s contribution includes Rs 5.96 billion in equity and Rs 6.55 billion in debt through the National Industrial Corridor Development and Implementation Trust (NICDIT).

A Special Purpose Vehicle (SPV), NICDIT Zaheerabad Industrial Smart City, has been formed to implement the project. Tendering for selecting a Project Management Consultant (PMC) is currently underway.

In a separate intervention in Lok Sabha, Congress MP Chamala Kiran Kumar Reddy urged the Centre to accelerate approval for the Hyderabad Metro Rail Phase-II project. Highlighting the city’s growing traffic issues, he stressed the urgency of expanding the metro network to keep pace with urban development.

The proposed Phase-II spans 76.4 km across five corridors with an estimated cost of Rs 242.69 billion. The joint venture plan includes funding from the Centre (Rs 42.30 billion), Telangana government (Rs 73.13 billion), debt (Rs 116.93 billion), and PPP mode (Rs 10.33 billion).

Reddy pointed out that similar JV models have been approved for cities like Agra, Indore, and Kochi, and questioned the delay in Hyderabad’s case.

News source: The New Indian Express

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..