Latest news with #NIMZ
The Hindu
2 days ago
- Business
- The Hindu
Nod to Centre's debt, equity share in ₹2,360 crore Zaheerabad Industrial Area project
The Zaheerabad Industrial Area (ZIA) is to be developed as a priority node under the Hyderabad-Nagpur Industrial Corridor (HNIC) at a cost of ₹2,360 crore. The government has approved Centre's contribution, through National Industrial Corridor Development and Implementation Trust (NICDIT), consisting of ₹596 crore as equity and ₹655 crore towards debt, Union Minister of State for Commerce and Industry Jitin Prasada said, replying to a question from Member of Parliament Kadiyam Kavya. The project, under the HNIC node located in Sangareddy district, has an activation area of 3,245 acres. A special purpose vehicle, NICDIT Zaheerabad Industrial Smart City, has been incorporated for the project and tendering works for selection of Project Management for New Cities (PMNC) has started, he said. Responding to queries of Dr. Kavya on the Hyderabad-Nagpur and Hyderabad-Warangal industrial corridors, the Union Minister said that in August 2024, the Centre had approved Telangana government's proposal for development of Zaheerabad node as part of HNIC under National Industrial Corridor Development Programme (NICDP). As part of the Hyderabad-Warangal Industrial Corridor (HWIC), Hyderabad Pharma City was initially identified for development. As the State government failed to confirm the project, NICDIT Board of Trustees on June 8, 2022, decided to drop the project. Mr. Prasada said that based on the proposal of the State government, the Centre had granted final approval to the National Investment and Manufacturing Zone (NIMZ) in Sangareddy (formerly Medak) district on January 22, 2016, and Hyderabad Pharma City NIMZ in Rangareddy district on December 10, 2019.
Time of India
11-07-2025
- Time of India
Special deputy collector Raja Reddy, deputy tahsildar Satish held for accepting bribe of Rs 15,000 in Telangana
ACB arrested special deputy collector Raja Reddy, deputy tahsildar Satish and a driver named Durgaiah at the NIMZ office in Zaheerabad for accepting a bribe of Rs 15,000. They will be produced in court for remand.
Hans India
29-06-2025
- Business
- Hans India
Expedite land acquisition for Future City: Revanth
Hyderabad: Chief Minister A Revanth Reddy has instructed the officials to expedite the land acquisition for the proposed Future City. In the review of the Industries Department, the Chief Minister inquired with the officials about the status of land acquisition for Future City which would be developed in 30,000 acres, and stressed that it should be completed quickly to take up the proposed projects in the new city. As part of the development of the Future city, Reddy said that an integrated sports complex should be developed. He asked officials to appoint global sports architects for designing sports complex in such a way that it should accommodate all sports including cricket, football and golf. Revanth Reddy also reviewed the progress made in the land acquisition for NIMZ (National Investment and Manufacturing Zone). He wanted more space for data centers. The Chief Minister also instructed the officials to convince the farmers towards land acquisition for industrial development. Asserting that every industrialist who visits Telangana should be convinced to invest in the state, the CM said that the Cabinet Sub-committee on mega projects should meet every 15 days and discuss the proposed projects. The officials briefed the Chief Minister about the establishment of Global Capability Centers in 2024 and newly opened 25 GCCs in 2025. He emphasized that more centers should be established.
Hans India
24-05-2025
- Politics
- Hans India
Telangana CM Revanth Reddy vists to Zaheerabad
INAUGURATION OF LORD BASAVESHWAR STATUE CM Revanth Reddy has inaugurated the newly erected statue of lord basaveshwara near bypass at huggelli accompanied by Telangana state Health Minister Damodhar Raja Narasimha, Narayankad MLA Sanjeev Reddy and Cabinet Minister for Forest Evironment and endowment Minster Kond Surekha and the member of paliament Zaheerabad Suresh the short speech CM has said about the importance of various reforms introduced by lord Basaveshwar and his out standing work at unifying the people against caste system followed by inauguration of Kendriya Vidyalaya School,Jharasangam. PUBLIC MEETING As a part of his visit The chief Minister has promised The Indiramma Housing facility to all the farmers who lost their agricultural land in the National investment and manufacturing zone (NIMZ)Zaheerabad.
Time of India
24-05-2025
- Business
- Time of India
Pvt investment, industrial growth twin engines for state's progress: CM
Hyderabad: Chief minister A Revanth Reddy Friday said he was prepared to meet Prime Minister Narendra Modi as many times as he can to secure necessary funds and project permissions for the state. Addressing a gathering at Zaheerabad in Sangareddy district, the CM emphasised the importance of cooperation from the Centre for attracting investments and fostering development. He said private investments and industrial growth are essential to boost state revenues and sustain welfare programmes for the poor. He outlined the Congress govt's vision of turning Telangana into a ₹1 trillion economy, while calling for people's support, cooperation of opposition, and Centre-state collaboration to accelerate development. Revanth highlighted that the Congress govt had attracted over ₹3 lakh crore investments in just 15 months, focusing on creating wealth through industrial parks and strengthening key sectors like pharma and IT, which would also generate jobs for youth. "Only when industries and investments come, will we have income to fund welfare schemes for the poor," he asserted. The CM announced Hyundai Motor Company will soon begin operations from the National Investment and Manufacturing Zone (NIMZ) near Zaheerabad. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Trade Bitcoin & Ethereum – No Wallet Needed! IC Markets Start Now Undo He vowed not to rest until major projects like NIMZ, Musi river rejuvenation, Regional Ring Road, Metro Rail expansion, and Bharat Future City were completed. "If needed, I'll go to Delhi 50 more times to get funds and approvals," he said, underlining the importance of maintaining cordial relations with the Centre for the state's progress. He laid foundation stones and inaugurated projects worth Rs 494 crore. He also unveiled a statue of Sri Basaveshwar Maharaj, saying the Congress govt, inspired by Basaveshwara's ideals, is committed to social justice. The CM announced Indiramma houses for 5,612 families affected by the NIMZ project and land acquisition with increased compensation. He criticised the previous BRS govt for "stalling progress and neglecting farmers, women, and youth." The CM said he would do politics only during elections and devote full time to the development of the state. Listing various welfare schemes, Revanth reiterated the govt's ambitious plan to make one crore women crorepatis, and said 60,000 govt jobs and one lakh private sector jobs had been provided in just over a year. He renewed his appeal to former CM K Chandrasekhar Rao to attend assembly sessions and raise people's issues. Revanth recalled the association of Medak district with former Prime Minister Indira Gandhi, who contested the Lok Sabha seat from there in 1980. He claimed Medak is synonymous with Indira Gandhi, as people recall the late PM's legacy. Get the latest lifestyle updates on Times of India, along with Brother's Day wishes , messages and quotes !
