Chief Minister said that the State Government will unveil a ‘Mega Master policy’ aiming to achieve industrial growth in the entire Telangana State by 2050. The Chief Minister held a meeting with the representatives of Confederation of Indian Industry (CII) at the Secretariat on Saturday. The CM said that the formula adopted for industrial development in Telangana region from 1994 to 2004 was different and the industrial policy embraced between 2004 and 2014 is at another level. The government will strive to reach industrial growth at the highest level in the coming days. This Notification was published on the date of 06.01.2024.
CM said the government will pursue a new friendly policy to invite investments for the establishment of the industries. The CM clarified there is no place for misconceptions and apprehensions with regard to industrial development. The Chief Minister assured that every Rupee invested by industrialists in Telangana will be safeguarded and also enhance the value of the investment. The Chief Minister hoped that industrial development should not be confined to Hyderabad alone. All regions of Telangana shall grow like Hyderabad. CM said the government’s main objective is to expand industrial development to rural Telangana. The CM said that the prosperity and welfare of villages and rural areas is also closely linked with the fast pace development and investments in the cities and towns. The Chief Minister appealed to the enthusiasts and industrialists to extend cooperation in implementing friendly policy so that all sectors can develop industrially. As part of this policy, the CM said that Telangana will be divided into three clusters. An Urban Cluster will be developed within the Hyderabad Outer Ring Road (ORR), Semi Urban Cluster between the ORR and the Regional Ring Road (RRR) and Rural cluster will be developed in the surrounding area after the Regional Ring Road. These clusters will help to encourage the establishment of industries. The CM said that the government has a clear vision regarding promotion of the pharma industry. Pharma Villages will be developed instead of Pharma Cities. There are 14 radial roads on ORR, which have connectivity of 12 national highways. A pharma village of around 1,000 to 3,000 acres will be developed close to these radial roads and highways. The government will prepare plans to develop these industries with required infrastructure and amenities like schools, hospitals in a pollution free environment.
