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The Hindu·3 min read·medium

CM assures one acre land to FLO and FICCI

T
The Hindu Bureau
CM assures one acre land to FLO and FICCI
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Telangana Chief Minister A. Revanth Reddy has allocated land to FICCI for its new headquarters and a women-led industrial park. The initiative aims to support the state's goal of contributing significantly to India's $30 trillion economy target by 2047.

Why it matters

The move highlights state-level efforts to foster industrial growth and women's economic empowerment.

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Chief Minister A. Revanth Reddy announced 1,000 square yards of land for the construction of FICCI’s headquarters, next to Shilparamam. Extending greetings to the FICCI Ladies Organisation for celebrating its 25th anniversary — the FICCI itself is completing 100 years in 2027 — the Chief minister also announced the allocation of one acre of land to FICCI within Bharat Future City. The state government is keen to encourage FICCI as a partner in the development of ‘Bharat Future City’, a highly prestigious project undertaken by this government.

Further, the CM said that given the success of the industrial park established under the aegis of the FICCI Ladies Organisation, the government was considering developing another industrial park dedicated to women’s empowerment. He asserted that the economic empowerment of women was the testament to economic growth and higher standards of living.

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