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Tuesday, April 5, 2016
Monday, April 4, 2016
Hyderabad outskirts like Pocharam, Uppal, Warangal Highway, Ghatkesar, Rampally, Yamnampet, Dammaiguda, R.L. Nagar get infrastructure boost
Hyderabad outskirts like Pocharam, Uppal, Warangal Highway, Ghatkesar, Rampally, Yamnampet, Dammaiguda, R.L. Nagar get infrastructure boost
The moment the telangana state govenment announced to develop an industrial corridor between Hyderabad-Warangal, the land prices are started increasing
The state government’s decision to develop the Hyderabad-Warangal stretch into an industrial corridor has given a boost to the already developing second IT Hub of Hyderabad.
The moment the telangana state govenment announced to develop an industrial corridor between Hyderabad-Warangal, the land prices are started increasing
The state government’s decision to develop the Hyderabad-Warangal stretch into an industrial corridor has given a boost to the already developing second IT Hub of Hyderabad.
NIMS Bibinagar is open for outpatients and this is very near to Pocharam on Warangal highway.
NIMS Bibinagar is open for outpatients and this is very near to Pocharam on Warangal highway.
After very too long delay, the outpatient (OP) ward in Nizam Institute of Medical Sciences (NIMS) branch located at Rangapur of Bibinagar mandal in Nalgonda district, is all set to operational from March 6, 2016
After very too long delay, the outpatient (OP) ward in Nizam Institute of Medical Sciences (NIMS) branch located at Rangapur of Bibinagar mandal in Nalgonda district, is all set to operational from March 6, 2016
Monday, December 15, 2014
Telangana seeks more central funds for ITIR
Telangana Chief Minister K. Chandrasekhar Rao Saturday urged the entre to provide more than the Rs.165 crore sanctioned for creating an Information TechnologyInvestment Region (ITIR) in Hyderabad.
He made the request when Minister of Communications and Information Technology Ravi Shankar Prasad called on him here.
KCR, as the chief minister is popularly known, said that the central government's support of Rs.165 crores for the first phase of ITIR is inadequate and needs to be increased.
Responding positively, the union minister advised the state government to send a formal request to his ministry, said an official release from the chief minister's office.
ITIR is to be set up to promote investment in Information Technology (IT)/IT Enabled Services (ITES) and electronic hardware sector. The government has identified area of 202 sq.kms (49,913 acres) in and around Hyderabad.
The ITIR is expected to attract a total investment of about Rs. 2,19,440 crores of which the IT/ITES sector will account for Rs. 1,18,355 crores and the Electronic Hardware Manufacturing (EHM) sector Rs. 1,01,085 crores.
The state government has sought from the Centre Rs. 4863 crores (Rs. 942 crores for phase-I and Rs.3921 crores for phase-II) for creation of external physical infrastructure. The Centre has approved Rs. 3,275 crores (Rs. 165 crores for phase-I and Rs. 3,110 crores phase-II).
KCR told the minister that the IT companies which already have presence in Hyderabad want to expand and need facilities for education and health in ITIR.
Prasad noted that Hyderabad is a place of excellence in many ways and also appreciated the state government for its new industrial policy. IT minister K.T. Rama Rao, Chief Secretary Rajiv Sharma and others were also present.
All help for setting up ITIR in TS: Union Minister
Union Minister for Communications and IT Ravi Shankar Prasad has assured Telangana Chief Minister K. Chandrasekhar Rao that the Centre will cooperate with the State in providing infrastructure in the Information Technology and Investment Region (ITIR) project in Hyderabad.
He announced sanctioning of separate postal circle to the Telangana State and complimented the State government for its development initiatives.
In a meeting with the Chief Minister in the Secretariat on Saturday, in which Telangana IT Minister K.T. Rama Rao, Chief Secretary Rajiv Sharma and other officials were present, the Union Minister said IT companies which already have their operations in Hyderabad could set up their extension units in ITIR.
The Telangana IT Minister and officials made a power-point presentation on the development of IT sector in Hyderabad, exports and employment opportunities. The Chief Minister requested the Union Minister to increase the Central assistance to ITIR stating that Rs. 165 crore announced already was inadequate.
Responding to the request, Mr. Prasad asked the Chief Minister to send detailed proposal on the State’s requirements in setting up ITIR. He stated that Hyderabad had already gained recognition as an international IT hub and the Centre was ready to help Telangana in the development of communication and IT sectors further.
Mr. Chandrasekhar Rao explained about the new industrial policy unveiled by the State government recently and its plans to announce a new IT policy soon, both aimed at the economic growth of the State.
Further, he mentioned that the National Geographic had recently identified Hyderabad among the top tourist places in the world.
After presenting a copy of the new industrial policy to the Union Minister, Mr. Rao said the State government had already identified certain places for ITIR and the IT companies already operating from Hyderabad were planning to expand their facilities there, which needed the best infrastructure in education and health.
He explained that the State government had already sought an assistance of Rs. 4,863 crore for creation of infrastructure for ITIR, including Rs. 942 crore for phase one and Rs. 3,921 crore for phase two and the Centre had approved support to an extent of Rs. 3,275 crore -- Rs.165 crore in the first phase and Rs. 3,110 crore in the second phase.
Wednesday, December 10, 2014
Genpact to set up 50-acre SEZ at Jawahar Nagar
Global business and technology outsourcing services major Genpact is planning to expand its presence in the state. The company is working on a plan to set up an IT/ITeS special economic zone (SEZ). The techno-campus is expected to cost about Rs 121 crore and employ about 5,000 professionals. According to a government statement, the SEZ will come up at 50-acre Huda land in Jawahar Nagar at Shameerpet. The 10-lakh sft space that would be created in the new campus would be for Genpact’s captive use.
The government and Genpact on Friday entered into an agreement for setting up of the campus. “Over the past few years, Genpact contributed significantly to the IT development in the state and we are happy to extend this association further. We hope that Genpact will act as a catalyst for other IT companies to invest in the state,” IT minister R Damodar Reddy said in a statement.
Genpact provides business services and technology solutions for various global majors including General Electric Inc. Genpact also offers finance and transaction processing services for companies around the world in dfferent industry segments including banking, financial services, insurance, manufacturing and transportation. The comapny has an annual turnover of about Rs 2,700 crore with an employee base of over 30,000. The company’s operations in the state contribute over Rs 679 crore for 2006.
In Hyderabad, Genpact has a 26-acre campus at Uppal with a constructed area of 5 lakhs sq ft and employs over 8,000 professionals. Genpact has so far invested Rs 276 crore in creating these facilities.
http://www.exclventures.com/newslink-126.asp
The government and Genpact on Friday entered into an agreement for setting up of the campus. “Over the past few years, Genpact contributed significantly to the IT development in the state and we are happy to extend this association further. We hope that Genpact will act as a catalyst for other IT companies to invest in the state,” IT minister R Damodar Reddy said in a statement.
Genpact provides business services and technology solutions for various global majors including General Electric Inc. Genpact also offers finance and transaction processing services for companies around the world in dfferent industry segments including banking, financial services, insurance, manufacturing and transportation. The comapny has an annual turnover of about Rs 2,700 crore with an employee base of over 30,000. The company’s operations in the state contribute over Rs 679 crore for 2006.
In Hyderabad, Genpact has a 26-acre campus at Uppal with a constructed area of 5 lakhs sq ft and employs over 8,000 professionals. Genpact has so far invested Rs 276 crore in creating these facilities.
http://www.exclventures.com/newslink-126.asp
Tuesday, December 2, 2014
SAIL studying feasibility of setting up steel plant in Telangana
NEW DELHI: State-run steel producer SAIL is preparing a feasibility report for setting up an integrated plant inTelangana.
"SAIL was asked to examine the feasibility of establishing integrated steel plant in Khammam district (of Telangana) and submit the feasibility report within the appointed date. Accordingly, a feasibility report is being prepared by SAIL," Minister of State for Steel and Mines Vishnu Deo Sai said in a written reply to the Lok Sabha.
He further said that as per the 13th schedule of the Andhra Pradesh Reorganisation Act, 2014, SAIL is to examine the feasibility of setting up the integrated steel plant within six months from the appointed day, that is, June 2, 2014.
Replying to another question on the steps being taken by the government to set up industries based on the steel, he said, "Steel is a deregulated sector and the decisions...are taken by the project proponents, keeping in view the market dynamics and techno-economic viability of projects."
He further said that three million tonnes per annum (MTPA) steel plant at Nagarnar, Chhattisgarh, is being constructed by NMDC. "The project is at construction stage," he said.
By the next fiscal, SAIL's Rs 70,000 crore modernisation and expansion programme would be over raising its capacity to 24 MTPA. Post-2016, it will embark on another expansion programme for raising capacity further to 50 MTPA by 2025 with around Rs 1.5 lakh crore outlay.
http://articles.economictimes.indiatimes.com/2014-12-01/news/56614439_1_steel-plant-nagarnar-feasibility
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