Telangana Industries


Industrial Estates in Telangana

Industrial Estates in Telangana
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Industries in Telangana



New Industrial development initiatives in Telangana

Ever since K Chandrasekhar Rao has taken over as the first Chief Minster of the newly formed Telangana state, his government has undertaken various initiatives on the industrial development front.

Keeping in views that Telangana accounts for one-third of the pharma production in the country, the state government intends to lay emphasis on expansion of existing pharma, bio-tech and other industries. There are plans to promote a pharma city as one of the satellite townships, which will have government-run effluent treatment services to ensure complete pollution management.

Also, the state government intends to promote an industrial corridor between Hyderabad and Warangal to give a fillip to employment opportunities. The government is putting in place a special chasing cell attached to the chief minister's office to give single-window clearances to industrial projects.

The government has put together an action-plan to focus on the following core sectors:

Life Sciences - This category includes bulk drugs, formulations, vaccines, Nutraceuticals, and Biologicals; IT Hardware including bio-medical devices, Electronics, Cellular Communications, and FAB.

Precision Engineering - Aviation, Aerospace, and Defence; Food Processing and Nutrition products including Dairy, Poultry, Meat, and Fisheries; Automobiles and Heavy Engineering; Plastics and Polymers, and Chemicals; Textiles and Apparel, and leather; Waste Management and Green Technologies; Gems and Jewellery; Renewable Energy and Solar Parks; Transportation/ Logistics Hub/ Inland Port/ Container Depot; and Mineral- based Industries.

Ushering Transparency: Single Window system for all levels: Mega projects, large industries, and SMEs.Significantly, all clearances for the Industrial Parks will be ensured by the state Government. So, no individual clearances are required.

Infrastructure: The policy has been put in place for transparent land allocation for industrial use from an available land bank of a few lakh acres; provision of uninterrupted power supply; 10% water reserved for industrial use; and much more.
All trunk infrastructure and internal infrastructure within an Industrial Park will be developed by the Government before land allotment.

Huge Incentives: The Government has announced highly attractive incentives compared to neighbouring states like stamp duty, power cost, and VAT reimbursements; land cost rebate; investment subsidy; interest subsidy; and much more.

Promoting Mega Projects: The state Government provides incentives for Rs 200 crore+ 1000 people + Industries in addition to standard large category industry incentives; with guaranteed timely disbursement.

Uplifting SMEs and Micro Enterprises: The Government has chalked out a policy to promote SMEs and Micro Enterprises and create employment for youth, women and the poorer sections

Generating Skilled Industrial Manpower: The government will take up appropriate skill development programmes, especially for the youth.

Industrial Townships: Mini-industrial Townships through PPPs will be set up in proximity to each Industrial Park.

Empowering SC & ST Entrepreneurs: Special direct funding; favourable procurement policies; subsidies and schemes; preferential allotment of plots in Industrial Parks; entrepreneurship and skill development programmes are some of the initiatives to encourage SC & ST entrepreneurs.

Source:
Commissioner of Industries, Government of Telangana


Last Updated on : August 18, 2014



 
     


     

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