Telangana makes steady progress in different sectors

Telangana received the Best State award for Aerospace sector from Ministry of Civil Aviation for progress and achievements during 2019-20

By   |  Published: 23rd Jun 2020  11:52 pmUpdated: 24th Jun 2020  12:32 am
Five new defence projects will be handled by NOVA Integrated Systems Limited (NISL), a defence subsidiary of Tata Advanced Systems Limited.

Hyderabad: Telangana made steady progress in varied sectors including IT, pharma and life sciences, handloooms and textiles, food processing and other sectors in the State in 2019-20.

IT and Industries Minister KT Rama Rao, who released the Industries department’s annual report for 2019-20, represented the State in several national and international fora including World Economic Forum at Davos and India Economic Summit at New Delhi, besides hosting several events like BioAsia 2020, World Design Assembly, and Wings 2020, among others, attracting numerous investments.

Pharma and Life Sciences

Hyderabad continues to dominate the Pharma and Life Sciences sector in Asia as a destination of choice for global companies contributing more than 35 per cent to national Pharma production. With more than 800 pharma, biotech and medical technology companies, the State already has a combined enterprise value of $50 billion which is expected to grow to $100 Bn and create four lakh new jobs in this decade.

Numerous pharma and life sciences companies chose Hyderabad over other destinations, for their operations. Novartis launched Biome India, a digital innovation Hub in Hyderabad.

Similarly, Sahajanand Medical Technologies (SMT) laid the foundation stone for their Asia’s largest stent manufacturing facility with an overall investment of Rs 250 crore in 20 acres campus at the Medical Devices Park. Upon completion, the SMT facility will produce about 1.2 million stents and 2 million catheters at full capacity, providing 1,500 jobs.

Syngene state-of-the-art facility was inaugurated in Genome Valley with an investment of Rs 170 crore, while foundation was laid for MN Park Building coming up with 1.8 lakh sft multi-tenanted lab space is being built with an investment of Rs 100 crore. At present, Genome Valley houses over 200 international and national companies employing around 10,000 persons.

Hyderabad Pharma City also received the National Investment and Manufacturing Zone (NIMZ) status from the Central government, Consent for Establishment (CFE) from the State Pollution Control Board, and also completed the master plan. About 25 major medical devices manufacturing units are setting up their units at Medical Devices Park aimed for research and development as well as manufacturing facilities. The State government also secured an in-principle approval from the Union government for developing a biocompatability testing centre.

Aerospace and Defence

Telangana State received the Best State award for Aerospace sector from Ministry of Civil Aviation for progress and achievements during 2019-20. GMR Hyderabad International Airport at Shamshabad emerged as third fastest growing airport in the world and second in India, in terms of passenger growth, handling 15 million passengers per annum. GMR is also developing a business park at Shamshabad with an investment of Rs 350 crore.

Five new defence projects will be handled by NOVA Integrated Systems Limited (NISL), a defence subsidiary of Tata Advanced Systems Limited, creating direct employment of 600 persons. Airbus Bizlabs, GMR Airport and the State government have signed an MoU to collaborate for testing and deploying sustainable solutions for airports and civil aviation sector.

Food Processing

Operations commenced at seven integrated cold chain projects and a mega food park with investment of Rs 300 crore, while another Rs 3,000 crore investments are in the pipeline in the food processing sector of the State. The government is establishing a platform to provide market linkages for small farmers across the State with large food processing and retail companies in collaboration with the government departments concerned.

Handlooms and textiles

Leading garment manufacturers such as Texport Industries Private Limited, Gokaldas Images Private Limited, are at advanced stage of discussion for setting up their garment manufacturing units in the Sircilla Apparel Park established in over 60 acres. Works are in full-swing at the Weaving Park for construction of 50 industrial sheds to house 4,416 power looms and 60 warping machinery and other common facilities in 88 acres of land.

Several companies like Youngone Corporation which establishing eight manufacturing units in Kakatiya Mega Textiles Park (KMTP) in Warangal with an investment of Rs 960 crores in 300 acres, creating 12,000 jobs. Welspun Group also is scheduled to complete construction of its facility at Chandanvelly being established with an investment of Rs 1,150 Crores, over the next 14 months. Ganesha Ecosphere signed also will set up a unit in KMTP with an investment of Rs 327 crore in 30 acres and is expected to create 1,000 jobs.

Under Nethannaku Cheyutha (thrift fund saving security scheme), about Rs 51 crore were released the by State government benefitting over 20,298 weavers and ancillary workers.

Retail

The State government kickstarted a new project ‘KiranaLinker.in’ with an aim to digitise all Kirana traders across the State and supply of essential commodities during Covid-19 pandemic.
Amazon has opened Telangana’s largest delivery centre spread across 20,000 sq.ft in Gachibowli and inaugurated largest company-owned campus across the world, providing livelihood for 15,000 employees.

Cellphone maker OnePlus opened its largest global research and development centre in Hyderabad, providing over 1,500 techies over next three years. Walmart inaugurated its fourth store in the State at Warangal (after Hyderabad, Karimnagar and Nizamabad) the store will add 2,000 direct and indirect jobs.

Logistics and TSTPC

Warehousing absorption in Hyderabad increased from 0.2 Million sqft in 2018 to 0.4 million sqft in 2019, while Container Freight Station was established at a cost of Rs 13 crore in seven acres. Proposal for establishment of Trade Fair Complex in Warangal in 30 acres, is under examination. Telangana State Trade Promotion Corporation (TSTPC) achieved a turnover of Rs 40 Crores during 2019-20 in supply of Golconda stationary to the government welfare departments and open markets.

Telangana Industrial Health Clinic Limited (TIHCL) revived 18 sick units and another 11 units are undergoing revival. About 3,000 SC/ST entrepreneurs under went various awareness camps, vendor development programmes and skill development training programmes across the State. TSLIPC (Telangana State Leather Industies Promotion Corporation) which is the nodal agency to implement the National SC/ST Hub scheme, is in discussion with the Chennai-based Central Leather Research Institute, and Council for Leather Exports for development of six Mini Leather parks across the State.

RICH

Research and Innovation Circle of Hyderabad (RICH) was selected to lead the Hyderabad City Knowledge and Innovation Cluster, an initiative by Office of Principal Scientific Adviser (PSA) to the Central government. It assisted 95 Startups including 18 food and agriculture, 20 life sciences and 10 aerospace, defence and sustainability in 2019-20.

 


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