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Abstract
Zaheerabad in Telangana is set to be transformed into a smart industrial city with an investment of ₹2,361 crore as part of the Hyderabad-Nagpur Industrial Corridor initiative. The project is expected to generate approximately 1.74 lakh jobs and attract investments totaling around ₹10,000 crore, focusing on various sectors including automobiles and food processing. The development will span across 12,500 acres, with immediate infrastructure advantages due to its proximity to major highways and railways.
Key Points
- Zaheerabad has been designated to develop as a new smart industrial city at a cost of ₹2,361 crore.
- It is one of 12 new industrial cities approved by the Cabinet Committee on Economic Affairs led by Prime Minister Narendra Modi.
- The project aims to create around 1.74 lakh job opportunities and lure investments worth ₹10,000 crore.
- The development area encompasses 12,500 acres, with a Phase-1 activation area of 3,245 acres under the National Industrial Corridor Development and Implementation Trust.
- The site is strategically located near major transport routes, including the four-lane NH-65 and several state highways.
- Key infrastructure elements include proximity to railway stations and the International Airport at Shamshabad, enhancing logistical capabilities.
- All necessary environmental clearances have been obtained, and 80% of the Phase-1 area is already under state government possession.
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