Zahirabad smart city to draw Rs 15,000 crore by 2028

Telangana expects the Zahirabad Industrial Smart City project to be completed by March 2028, attracting investments of Rs 15,000 crore and creating nearly two lakh direct and indirect jobs, IT and industries minister D Sridhar Babu said on Monday. He was speaking via video conference at a meeting of the National Industrial Corridor Development and Implementation Trust chaired by Union finance minister Nirmala Sitharaman and Union commerce minister Piyush Goyal.

The 3,245-acre project is planned as a major industrial and manufacturing hub. Telangana holds a 51% stake through land contribution, while the Centre provides financial support. The development plan has been submitted to the special purpose vehicle, and work is being done under the engineering, procurement and construction model. Water supply tenders are complete, power works are on schedule.

Sridhar Babu also sought more central support, asking Goyal to allot four of the 100 plug-and-play industrial parks under the Bharat Audyogik Vikas Yojana to Telangana to boost the state's industrial ecosystem.