Hyderabad: The development of the Smart Integrated Industrial City (SIIC) in the National Investment and Manufacturing Zone (NIMZ) at Zaheerabad in Sangareddy district has finally commenced, 13 years after the project was first announced by the Centre in 2013. At least three global firms, Hyundai, Triton Electric and VEM Technologies have promised an investment of more than ₹14,000 so far.
The works have been expedited following the signing of MoUs with three major companies that are set to establish operations in the NIMZ. Hyundai Motor Company has announced plans to set up a massive Global Innovation Research and Development Centre over 675 acres with an investment of ₹8,528 crore. Triton Electric will invest over ₹3,500 crore to manufacture lithium-ion batteries and EV components, while VEM Technologies will invest more than ₹2,200 crore to establish a unit for precision engineering components catering to the automotive and aerospace sectors.
Strategically located along the Hyderabad-Nagpur Industrial Corridor, the NIMZ Zaheerabad is being developed as a major manufacturing and logistics hub in South India. The project is expected to generate around 2.5 lakh direct jobs and 5 lakh indirect employment opportunities across manufacturing, logistics, warehousing, support services, transport, maintenance and small and medium enterprises.
Land for the project had been acquired from farmers several years ago but they were permitted to continue cultivation due to the delay in execution. Officials have now made it clear that no farming activity will be allowed once the ongoing Rabi season concludes later this month. Sangareddy district collector P. Pravinya is regularly holding review meetings with officials to assess the progress of NIMZ works
Revenue officials have completed a detailed survey of 3,245 acres earmarked for the first phase and have fixed boundaries to facilitate the handover of land to SRR Projects, which has been awarded the contract to undertake development works for phase one, official sources said.
Industry zone
National Investment and Manufacturing Zone (NIMZ) at Zaheerabad planned over 12,635 acres, spread across 17 villages in Jharasangam and Nyalkal mandals.
Nearly 9,000 acres of land acquired.
Villages such as Bardipur, Yelgoi, Chillapalli, Chillapalli Thanda and parts of Nyalkal mandal are part of NIMZ.
First phase on 3,245 acres has received joint approval from the Centre and the state government.
First phase to cost `2,369 crore, with the Centre contributing 49% and Telangana 51%.
The phase will focus on establishing core industrial infrastructure, including `596.61 crore worth of smart infrastructure and a dedicated road project costing `100 crore.
NIMZ concept was introduced by the Centre in 2013 to attract large-scale investments, enhance industrial productivity, strengthen manufacturing capabilities and generate long-term employment.
Across the country, around 13 such zones were planned, with one sanctioned for Telangana at Zaheerabad.