Hyderabad: The Zahirabad Industrial Smart City was targeted for completion by March 2028, Industries Minister Duddilla Sridhar Babu said. The Telangana government expected the project to attract around Rs 15,000 crore in investments and create nearly two lakh jobs.
Sridhar Babu announced the timeline while participating virtually in a National Industrial Corridor Development and Implementation Trust meeting on Monday. Union Finance Minister Nirmala Sitharaman and Union Commerce and Industry Minister Piyush Goyal chaired the meeting from New Delhi.
Chief Ministers and Industries Ministers from several States also participated through video conference. The Telangana minister joined the meeting from the State Secretariat.
Zahirabad Industrial Smart City spans 3,245 acres
The government was developing the industrial city across 3,245 acres as a major manufacturing and industrial hub. Sridhar Babu said the project could generate direct and indirect employment for nearly two lakh people after becoming fully operational.
The Telangana government held a 51% stake in the project through its land contribution. Meanwhile, the Central government provided financial support for developing the industrial corridor. The minister said the State had already submitted the development plan to the Special Purpose Vehicle.
Work progressed under the Engineering, Procurement and Construction model. Moreover, Sridhar Babu said authorities would complete all infrastructure works within the committed timelines. The tendering process for water supply infrastructure had already concluded.
In addition, authorities planned to complete power supply works within the stipulated timeframe. The Zahirabad Industrial Smart City aimed to attract investments of around Rs 15,000 crore.
Sridhar Babu said the project would strengthen manufacturing activity while creating employment opportunities on a large scale. During the meeting, he also sought additional Central support for Telangana’s industrial expansion.
The minister urged Piyush Goyal to allocate four Plug-and-Play Industrial Parks to Telangana. The Centre had announced 100 such parks under the Bharat Audyogik Vikas Yojana, or BHAVYA.
Sridhar Babu said securing four parks would further strengthen Telangana’s industrial ecosystem. Furthermore, he said they could accelerate investments, manufacturing and job creation in the State.
Industrial infrastructure works move ahead
The government focused on completing essential infrastructure before the March 2028 deadline. The development plan had reached the SPV, while EPC works moved ahead. At the same time, the water supply tendering process had been completed.
Power infrastructure would also follow the stipulated schedule, according to the minister. Sridhar Babu said the State remained committed to completing the Zahirabad Industrial Smart City infrastructure within the promised timeframe.
TGIIC Managing Director Shashanka attended the video conference. Industries Department Special Secretary Krishna Aditya and Industries Commissioner Nikhil Chakravarthy also participated. Other senior officials joined the meeting from Telangana.