TG moots 4 industrial parks under Centre’s BHAVYA scheme
The Telangana government is preparing to submit project reports for four new industrial parks under the central BHAVYA scheme. These parks, located near Hyderabad, aim to attract investment in electronics and software sectors.
Why it matters
The development of large-scale industrial infrastructure is a key driver for regional economic growth and job creation in India's technology hubs.
The Telangana government will be submitting by this month comprehensive project report pertaining to four industrial parks it is proposing to establish, at different locations near Hyderabad, under the Centre’s Bharat Audyogik Vikas Yojana (BHAVYA) scheme.
Each park would span more than 500 acres and land acquisition as well as other necessary arrangements for establishing them have been completed. The parks will come up in Thimmapur of Kandukur Mandal, Eliminedu in Ibrahimpatnam, Madaram in Ghatkesar Mandal and Dandu Mailaram in Choutuppal Mandal. Several well known companies have already come forward to set up units in the sectors such as electronics and software in these parks, the State government said on Wednesday after a review meeting chaired by Chief Secretary Sanjay Jaju.
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