Business News: Goa said to implement the scheme line on the lines of T-Hub, and We-Hub TASK of Telangana to make the IT segment vibrant. Hence, a week after that and the HSIDC (Haryana State Industrial Development Corporation) visited the Telangana Industrialists Federation MSME Green Industrial Park as part of their study tour.
However, the Industrial Park located in the Dandumalkapur is a novel scheme which is conceived by the Telangana State. This is the first type of project in its kind where the MSME Industrial Park is likely designed to have an integrated township. Well, 60% of the park is allotted to micro, small and medium enterprises.
In the present phase, it is being made of about 543-acre land and allotted to 559 units, there more than 200 units have begun the construction of their production site and they are expected to start by next year in June 2023. The 30 units have already begun their production on the site and the remaining units will start construction soon.
The president of TIF, Sudhir Reddy said, in 2014, they visited many Industrial Parks, just to know how they are being operated, and now they are in a position to do the same, to inspire the other states too. And this all can be possible because of the efforts of the Telangana government in promoting the MSME segment across the Nation. When TIF Green Industrial Park completed its construction and started to operate, it will be the biggest MSME industrial park in South India.
By the Power, water, roads, and other infrastructure of the Industrial Park, it reaches the budget of Rs. 236 crores. The integrated township is planned on about 194 acres to promote the walk to work and will have a good number of schools, markets, some entertainment zones too, and also the other social infrastructure would be there. This project also got the appreciation of DPIIT (department for the promotion of Industry and Internal Trade) Additional secretary and some officials of Invest India visited the Industrial Park this month.
Furthermore, the project is being examined by the Government department and their officials and they will replicate this model of Industrial Parks in other locations too, hence this industrial park is setting a new benchmark in the nation. Also, this park has 40,000 plants inside it and it will have a drip irrigation system.
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