ATTIVO PLANS INFRA PARK IN TELANGANA
Bengaluru. The Telangana Government Headed by Sri. K.T. Ram Rao,Honable Minister for Information Technology, Municipal Administration and Urban Development, I&C, public Enterprises, Sugar, Mines and Mines and Geology NRI affairs on Wednesday announced signing an agreement with Attivo, a part of SREI group, for setting up an industrial park exclusively to manufacture infrastructure equipment, considered the first such initiative in India.
According to a memorandum of understanding signed between the Telengana Government and Attivo in Bengaluru, the SREI group entity will develop infrastructure equipment manufacturing in the National Investment and Manufacturing zone (NIMZ) coming up near Zaheerabad Town in Telangana. In a statement the Telangana government said the proposed park to come up at over 500 acres of land will create a sustainable and comprehensive industrial Zone of Global standards and will have a potential to generate direct and indirect employment to over 10,000persond over next ten years, Mr. Sunil Kanoria, Vice Chairman of SREI said Attivo’s proposed park would be the most ideal location for all construction and mining equipment manufactures as a pleathora of road, irrigation irrigation and mining work is being awarded by Telangana Government.Mr. IndrajitDasgupta, CEO, Attivo and Mr. Jayesh Ranjan, Principal Secretary of I&Cand Information Technology Departments of Government of Telangana were present.