亚博体育官网首页

Telangana boosts development in state with upcoming industrial parks project
Real Estate

Telangana boosts development in state with upcoming industrial parks project

As reported, the IT and Industries Minister KT Rama Rao recently inaugurated the TIF-MSME Green Industrial Park which is located at Dandumalkapur in the state of Telangana. The first of its kind park has been built in a joint collaboration between the Telangana State Industrial Infrastructure Corporation (TSIIC) with the Telangana Industrialists Federation (TIF).

The minister laid emphasis on the State Government鈥檚 efforts to actively attract and pull in investments that will, in turn, create numerous employment opportunities for the people in the region. 

Reportedly, the TIF-MSME is a pollution-free park that can accommodate more than 450 industrial units 鈥� spread over 482 acre, it will aid in providing jobs to a large number of people: 19,000 work opportunities through direct employment and 30,00 work opportunities through indirect employment. 

 As a push to the government鈥檚 goal, the park will also house a skill development centre that will be focused on providing vocational training to the youth. Additionally, a housing colony is also being set covering a distance of 192 acre in the park itself 鈥� benefiting the workers and trainees. 
With the park reportedly attracting investments of around Rs 15.52 billion, the minister also stated that the park would further expand by 2,000 acre in the near future. 

The inauguration of the park comes at a time when the Telangana Government has further planned out the establishment of 14 industrial parks across the expanse of 14 rural districts. Reportedly, the work for these will soon be underway at lands that have already been acquired by the officials. TSIIC has again been charged with their development along with the department of industry. 

As reported, the parks are likely to be known as the Industrial Area Local Authority (IALA) as per the status given to them by the government. Allotment of land has ranged from 300 to 1,000 acre for the project and the employment of locals is the main objective. 

Additionally, further proposals for the formation of Autonagar in about 10 districts of the state, is also underway. It will bring about growth in vehicle sales and repairs while giving jobs to people. 

As reported, the IT and Industries Minister KT Rama Rao recently inaugurated the TIF-MSME Green Industrial Park which is located at Dandumalkapur in the state of Telangana. The first of its kind park has been built in a joint collaboration between the Telangana State Industrial Infrastructure Corporation (TSIIC) with the Telangana Industrialists Federation (TIF).The minister laid emphasis on the State Government鈥檚 efforts to actively attract and pull in investments that will, in turn, create numerous employment opportunities for the people in the region. Reportedly, the TIF-MSME is a pollution-free park that can accommodate more than 450 industrial units 鈥� spread over 482 acre, it will aid in providing jobs to a large number of people: 19,000 work opportunities through direct employment and 30,00 work opportunities through indirect employment.  As a push to the government鈥檚 goal, the park will also house a skill development centre that will be focused on providing vocational training to the youth. Additionally, a housing colony is also being set covering a distance of 192 acre in the park itself 鈥� benefiting the workers and trainees. With the park reportedly attracting investments of around Rs 15.52 billion, the minister also stated that the park would further expand by 2,000 acre in the near future. The inauguration of the park comes at a time when the Telangana Government has further planned out the establishment of 14 industrial parks across the expanse of 14 rural districts. Reportedly, the work for these will soon be underway at lands that have already been acquired by the officials. TSIIC has again been charged with their development along with the department of industry. As reported, the parks are likely to be known as the Industrial Area Local Authority (IALA) as per the status given to them by the government. Allotment of land has ranged from 300 to 1,000 acre for the project and the employment of locals is the main objective. Additionally, further proposals for the formation of Autonagar in about 10 districts of the state, is also underway. It will bring about growth in vehicle sales and repairs while giving jobs to people. 

Next Story
Infrastructure Urban

MoHUA Plans New Role for Smart City SPVs

In a significant policy move, the Ministry of Housing and Urban Affairs (MoHUA) has issued an advisory encouraging the continued use and repurposing of Special Purpose Vehicles (SPVs) formed under the Smart Cities Mission (SCM). This marks a step toward sustaining urban transformation by leveraging institutional capabilities and infrastructure developed over the past decade.Initiated in 2015, the Smart Cities Mission introduced a new era of urban planning in India, with each of the 100 selected cities forming SPVs under the Companies Act, 2013. These entities, jointly owned by state government..

Next Story
Infrastructure Urban

ADB Approves $110 Million Loan to Boost Skills in Gujarat

The Asian Development Bank (ADB) has approved a USD 109.97 million (Rs 9.27 billion) results-based loan to support Gujarat鈥檚 efforts to become a global industrial hub by developing a future-ready, skilled workforce.The funding will back the Gujarat skills development programme, led by the Department of Labour, Skill Development and Employment in collaboration with Kaushalya: The Skill University (KSU). The initiative aims to equip the workforce with advanced, industry-aligned skills to meet rising employment demand in high-growth sectors.According to ADB, the programme seeks to strengthen in..

Next Story
Infrastructure Urban

SDAL Tests Rudrastra UAV and Bhargavastra Defence System

Solar Defence and Aerospace Limited (SDAL) has successfully completed a key flight test of its indigenous Hybrid VTOL UAV Rudrastra at the Pokharan Firing Range, aligning with Indian Army performance benchmarks for mission adaptability, high endurance, precision engagement, and vertical take-off and landing (VTOL) capability.The trial marks a notable achievement in India鈥檚 Aatmanirbhar Bharat initiative, underscoring advancements in home-grown military technology. The Rudrastra UAV demonstrated a mission radius exceeding 50 km with uninterrupted video relay, a total operational range of over..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement