HILT policy hits a road block as industries seek facilities before shifting
The Hyderabad Industrial Lands Transformation Policy has stalled as industries resist relocation due to concerns over infrastructure, costs, and production downtime. The government has extended the application deadline to October 31 to encourage participation.
Why it matters
The struggle to relocate industries highlights the tension between urban development goals and the economic realities faced by manufacturing businesses.
The State Government’s plan to shift industries outside the Outer Ring Road limits under the Hyderabad Industrial Lands Transformation Policy (HILTP) has hit a road block as industries seek facilities and concessions for relocation.
The State Government received less than 200 applications till July end, less than 10% of close to 2,000 industrial units in possession of over 9,200 acres in the 21 industrial estates surrounding the city. Of the 193 applications, 54 have been returned on account of shortfall in the documents.
The Government could raise ₹150 crore of the anticipated ₹1,500 crore in the form of Differential Impact Fee for converting industrial plots inside the ORR limits to multi-use zones with the reluctance of the industry to respond to the Government’s offer.
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