+
Zaheerabad Smart City Project Eyes Rs 150 Bn Investment
SMART CITIES

Zaheerabad Smart City Project Eyes Rs 150 Bn Investment

 The ambitious Zaheerabad Industrial Smart City (ZISC) is ready to break ground in the coming months, with all key approvals and clearances now in place. Designed to attract Rs 150 billion in investments, the project is projected to create up to 2 lakh direct and indirect jobs, spurring economic growth in the region.
ZISC will serve as a multi-sector industrial zone, hosting manufacturing units across food processing, automotive, electrical equipment, metals, and transport industries, including rail locomotives and aircraft.
The Telangana Industrial Infrastructure Corporation (TGIIC) has floated a Request for Proposal (RFP) for the design, development, and maintenance of the project’s core infrastructure. This initiative forms a key part of the Hyderabad-Nagpur Industrial Corridor and aims to position Zaheerabad as a national manufacturing powerhouse.
Phase I of the development will span 3,245 acres in Sangareddy district, with 1,900 acres earmarked for industrial use and 650 acres allocated for green zones. The remaining land will support residential, commercial, and logistics infrastructure, providing holistic urban support for the industrial zone.
Initially envisioned as a National Investment and Manufacturing Zone (NIMZ), ZISC extends over 12,300 acres across 17 villages. It has secured funding under the National Industrial Corridor Development and Implementation Trust (NICDIT).
The total project cost is estimated at Rs 23.69 billion, with TGIIC holding 51 per cent equity (Rs 6.20 billion) and NICDIT contributing 49 per cent (Rs 5.96 billion). The remaining funds will be sourced through debt by the SPV — NICDIT Zaheerabad Industrial Smart City Limited.
Officials stated:
“Tenders for infrastructure work are expected to be finalized by October, and project completion is targeted within 18 months.”
They added that 2,900 of the required 3,200 acres for Phase I have already been acquired, with the rest to follow shortly.
ZISC is poised to become a strategic industrial hub, driving long-term growth and employment in Telangana.

 The ambitious Zaheerabad Industrial Smart City (ZISC) is ready to break ground in the coming months, with all key approvals and clearances now in place. Designed to attract Rs 150 billion in investments, the project is projected to create up to 2 lakh direct and indirect jobs, spurring economic growth in the region.ZISC will serve as a multi-sector industrial zone, hosting manufacturing units across food processing, automotive, electrical equipment, metals, and transport industries, including rail locomotives and aircraft.The Telangana Industrial Infrastructure Corporation (TGIIC) has floated a Request for Proposal (RFP) for the design, development, and maintenance of the project’s core infrastructure. This initiative forms a key part of the Hyderabad-Nagpur Industrial Corridor and aims to position Zaheerabad as a national manufacturing powerhouse.Phase I of the development will span 3,245 acres in Sangareddy district, with 1,900 acres earmarked for industrial use and 650 acres allocated for green zones. The remaining land will support residential, commercial, and logistics infrastructure, providing holistic urban support for the industrial zone.Initially envisioned as a National Investment and Manufacturing Zone (NIMZ), ZISC extends over 12,300 acres across 17 villages. It has secured funding under the National Industrial Corridor Development and Implementation Trust (NICDIT).The total project cost is estimated at Rs 23.69 billion, with TGIIC holding 51 per cent equity (Rs 6.20 billion) and NICDIT contributing 49 per cent (Rs 5.96 billion). The remaining funds will be sourced through debt by the SPV — NICDIT Zaheerabad Industrial Smart City Limited.Officials stated:“Tenders for infrastructure work are expected to be finalized by October, and project completion is targeted within 18 months.”They added that 2,900 of the required 3,200 acres for Phase I have already been acquired, with the rest to follow shortly.ZISC is poised to become a strategic industrial hub, driving long-term growth and employment in Telangana.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code