MSME industrial Park to come up in Yadadri-Bhongir district, Telangana; to house 400 MSME units
Hyderabad, May 14 (KNN) The proposed Micro Small and Medium Enterprises (MSMEs) Green Industrial Park by Telangana Government at Dandu Malkapur village in Yadadri-Bhongir district that aims to encourage MSMEs in the region and promote pollution-free industrialization is finally ready for the foundation stone laying ceremony.
Telangana Chief Minister K Chandrashekhar Rao is expected to lay the foundation stone around June-July as preliminary infrastructure development is nearing completion and the park will commence its operations within 18 months thereafter.
The 375 acres industrial park is being developed jointly by Telangana State Industrial Infrastructure Development Corporation (TSIIC) and Telangana Industrialists Federation (TIF).
The industrial park will accommodate about 400 MSME units attracting an investment of more than Rs 1,000 crore.
With this project more than 10,000 jobs will be created directly, he added. In addition to this he said it will also provide indirect employment to another 20,000 persons.