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

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement