Telangana gets Rs 2.65 lakh cr investments, 18 lakh news jobs

Hyderabad: Telangana Chief Minister K Chandrasekhar Rao always says that industries should flourish, employment should increase, Telangana should be green.. this is our mission.

Similarly, by implementing the world's number one industrial policy, the Telangana government transformed the State into a hub for 23 thousand industries. More than 17 lakhs of jobs provided and employment opportunities have been created through these industries. Telangana State is advancing especially in the fields of IT, pharmaceuticals, food processing, aviation etc. In addition to the Chief Minister's vision, many domestic and foreign companies are queuing up for the state with the special initiative of the Hon’ble Minister for Industries KT Rama Rao, according to an official statement issued. The Telangana government is celebrating June 6 as Industry Day as a part of Telangana Rashtra Avatarana Dashabdi Utsavalu (The celebrations to mark 10th anniversary of Telangana formation).

In 2015, the State government brought the TS i-PASS and global companies started looking towards Telangana. The face of the state's industrial sector has completely changed with the removal of barriers to investment and ease of approvals. Telangana has become supreme with land preparation for industries, world-class infrastructure, friendly policies and better incentives. Instead of cities like Mumbai, Chennai, Bangalore and Noida, investments are pouring into Telangana.

While the government has decided to allocate 1.45 lakh acres for industries across the state, 28,000 acres of land has already been allotted to various companies. In this, industrial uses such as Pharmacity, Zaheerabad Nimz, Warangal Kakatiya Mega Tex Tile Park etc. are important.

Important Industrial Parks

Pharmacy: A pharmacy is being set up in Muchharla of Rangareddy district. It is being developed on 14,029 acres as the largest integrated pharmaceutical cluster in the world. It is estimated that Rs 64,000 crore will be invested and 4.2 lakh people will get employment. Planning for the development of Aushada Park in 8,900 acres under the first phase has been completed.

Zaheerabad Industrial Park: Proposed Multi Product Manufacturing Zone. Out of 12 thousand 635 acres, 3,909 acres have been allocated in the first phase under Nimz scheme. While the total project cost is Rs.13,300 crore, it is estimated that Rs.60,000 crore will be invested and 2 lakh 77 thousand people will get employment, master plan and ESIA study has been completed. It has been decided to develop it as a part of Hyderabad-Nagpur Industrial Corridor.

Electronic Manufacturing Clusters: Two electronic manufacturing clusters have been developed at Maheswaram. In this, Raviryala cluster is being developed on 603 acres and Maheswaram cluster on 310 acres. Lands have been allotted to 48 companies in e-city and their constructions are in various stages. Investments of Rs.1,585 crore have been received so far, and another investment of Rs.2,626 crore is expected next year. Lands have been allotted to 14 companies in Maheswaram cluster and their construction works are in various stages. It is estimated that Rs.472 crores will be invested and 5,216 people will get jobs. By the end of next year, vacant space will also be allotted to companies.

Fiber Glass Composite Cluster, Ibrahimpatnam: Proposed to be set up on 123 acres in Khalsa village of Ibrahimpatnam. Allotment of land to 43 companies has been completed. 55 crore investments and 30,000 people will get jobs. The products are likely to be launched by next June.

Chandan Valli Industrial Park: Chandan Valli Industrial Park has been developed in Shabad Mandal of Sangareddy District. It is a Multi Product Industrial Park. Proposed on 20,000 acres, the best carpet tiles manufacturer, Well Spun Flooring, Green Carpets, has already started operations here. Lands have been allotted to many companies and the products have already started.

Dandumalkapur Industrial Park: In partnership with Telangana Industrial Federation (TIF), a green industrial park has been developed on 523 acres for the development of MSMEs. In this, land has already been allotted to 621 companies, and 19,000 people have got employment opportunities with investments of Rs.1,200 crore.

Sultanpur FTCCI FLO Park: 50 acres have been allotted to FTCCI ladies organization in Sultanpur. Allotment of land to 26 companies has been completed for the establishment of green industrial park for MSMEs.

Medical Devices Park: A Medical Devices Park has been developed on 250 acres in Sullanpur, Patan Cheru Mandal, Sangareddy District. In this, 50 companies were formed and investments of Rs.839 crores were received. 5,465 people got employment.

Kakatiya Mega Tech Tile Park: Developed on 1,190 acres with world-class infrastructure. It is estimated that Rs.11,586 crore will be invested and 1,13,000 jobs will be created. National and international companies like Ganesha Ecospare, Kitex, Young One Corporation and others are already investing Rs.2,527 crore. 22,500 people will get employment opportunities through these. These companies are likely to start production soon.

Industries Development:

The TS i-PASS, enacted immediately after the Telangana government came to power, marked the beginning of revolutionary changes in the state. This has facilitated the granting of permits for the establishment of industries. In addition to this, 24 hours electricity, better law and order, stable and efficient administration has become a boon for industries. Telangana is now an attractive destination for many national and international organizations.

Many industries have shut down due to power cuts, power holidays and water scarcity in the union state. The industrialists were bewildered. Unemployment increased with the closure of industries. With the formation of Telangana state, all these problems got a radical solution.

Today, because of TS i-Pass, industrialists are coming forward to set up industries with great enthusiasm. Along with providing all the necessary infrastructure for the establishment of industries in our state, prompt approvals and no place for corruption are making the industrialists happy. Investments of Rs 2,64,956 crore have been received so far. 17, 77,000 jobs have been created;

Telangana progress in IT sector:

The State of Telangana has also excelled in the field of IT. Since the formation of the state, the value of IT annual exports has increased from Rs 57, 258 crore to Rs 1, 83 569 crore rupees. That means a growth rate of 220 per cent has been recorded. It is remarkable that there is a 156 per cent growth in the recruitment of IT jobs. As of 2014, there were only 3 lakh 23 thousand 396 IT employees in Telangana, now their number has increased to 8 lakh 27 thousand 124.

The IT sector is not limited to Hyderabad city but has also been expanded to the second tier cities of the state. IT towers have also been constructed in Khammam, Warangal, Karimnagar, Nizamabad, Mahbubnagar and Siddipet. Rs 1400 crore were given as incentives after the State's creation to encourage SC entrepreneurs. Adequate priority is also being given to revive the stalled industries in the state. Several units like Sirpur Paper Mills were renovated.

After the accession of the state, the name of the city of Hyderabad is becoming famous nationally and internationally. It is leading in attracting international investments. In the recent World Economic Forum conference held in Davos, Telangana received investments of thousands of crores of rupees. We are getting invitations to many international conferences. Apart from the famous companies that came in the past, recently many famous companies from England and America have come forward to invest in our state. Some firms have even made on-the-spot deals.

This is a proof of Telangana government's sincerity. This is the national and international reputation of our state. This reveals the trust and confidence of other countries in Telangana. T-Hub, We-Hub, T-Works and Reach organizations are helping to encourage young entrepreneurs who come up with innovative innovations. T-Hub has created a record in the country for the innovation of innovative start-ups. That's why we started T-Hub-2. In 2022, T-Hub won the Best Incubator in the National Startup Awards organized by the Government of India.