(Excl Ventures News.)The TRS lead Govt in Telangana has set its eyes on a futuristic development of a very large integrated manufacturing zone consisting of hundreds of Pharma companies at Mucherla beside Srisailam Highway, Hyderabad
The target is to acquire around 11,000 acres land. The process is expected to kick start soon with the revenue department handing over 2000 acres for the project
Govt also has huge task ahead in making available 6000 acres which is currently marked as forest land though the land is barren. Apart from this there is assigned land and private land within the demarcated area.
The project envisages world class road network, water and power infrastructure in addition to effluent treatment facilities
The idea may just about come alive, if the Govt''s intention of moving existing industries spread across different parts of Hyderabad is accepted by the industries. New project development could take long time. But moving existing industries into the zone could be easier and fast, if the industries find the move would benefit them
Instead of cramped factories in and around city, they can get large land pieces and possibly tax breaks and other incentives
Moving industries out of Hyderabad will make prime land in several pockets like Nacharam, Uppal, Balanagar, Cherlapally, Borampet etc available for residential development and help move polluting industries out of the core city areas.
Major announcement by Govt is expected soon
Comment : Keyword Tags: Hyderabad News,Pharma City Mucherla
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