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12/10/2019 09:27am

Eight logistics parks will be developed along ORR, says KTR

image Eight logistics parks will be developed along ORR, says KTR

Hyderabad, Oct 12 (KNN) Telangana's Industry Minister K T Rama Rao has said that as many as eight logistics parks will be developed along Outer Ring Road (ORR) as part of the plans to make Hyderabad a global city by focusing on development of the suburbs.

After inaugurating a logistic park on Friday, the minister informed that the world’s largest pharmaceutical cluster was also coming up at Mucherla, spread over 18,000-19,000 acres. He also informed that the Pharma City would be equipped with the latest technology.

Another aerospace park will be developed in LB Nagar village for which the government is in the process of acquiring 500-600 acres. One aerospace park is already functioning at Adibhatla.

Stating that logistics is one of the 14 thrust areas identified in the state’s industrial policy, the minister said these parks would facilitate industrialisation in all four directions around the city and through decongestion ensure there is not much pressure on the city infrastructure. Besides it would generate employment to local youths.

The Minister further informed that the two inter-state bus terminals were proposed on the city outskirts, adding that two major railway terminals coming at cherlapalle and Nagulapalle would be interconnected with bus terminals to provide multi modal transport system.

The government would sanction 40 crores for four ULBs of Ibrahimpatnam, Turkayamjal, Adibhatla and Pedda Amberpet for developmental works, the minister said.

The inauguration programme also saw Ministers Sabitha Indra Reddy, Mahabubnagar MP Srinivas Reddy, Rangareddy Reddy ZP Chairperson Teegala Anita Reddy, MLAs Manchireddy Kishan Reddy, Narender Reddy and HMDA officials.



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