“Hyderabad has all the parameters required to transform into a logistics hub,” Rao said after inaugurating a logistics park at Batasingaram under Ibrahimpatnam constituency here.
Hyderabad: Industries Minister KT Rama Rao on Thursday said the State government would be introducing a logistics policy shortly, with a draft policy already being prepared. Soon after obtaining Cabinet approval, the logistics policy would be introduced to boost employment locally and to generate more revenue for the State, he said.
As per experts and reports from different agencies, there was a lot of scope for setting up logistics parks in and around Hyderabad. At present, there was 50 lakh square feet logistics space available against a requirement of over 15 million square feet of logistics parks space, he said.
“Hyderabad has all the parameters required to transform into a logistics hub,” Rao said after inaugurating a logistics park at Batasingaram under Ibrahimpatnam constituency here.
Many industries, especially manufacturing units, are coming up in and around Hyderabad. In tune with this development, there is a need to focus on improving transport logistics. Already, the Mangalpally Park is operational and now Batasingaram Park is open. There is a lot of scope for setting up more such parks, the Minister said, adding that efforts were being made to establish more logistics parks along the Outer Ring Road synchronizing with eight important corridors, including the Mumbai Highway, Vijayawada Highway, Ramagundam Highway and others.
Pointing out that JLL and several other agencies had declared several times that Hyderabad city was fast expanding, he said growth should facilitate in improving people’s standard of living, health, employment and education prospects. Setting up logistics parks will not only aid in boosting the prospects of the manufacturing industry but will also generate more employment for local residents, especially youth. It will also generate more revenue for the State, he said.
The State government through TS-IPASS has granted permissions for over 14,000 industries, with each application being cleared within 15 days. This apart, the State government has accorded top priority for infrastructure development, especially power supply. Quality power is being supplied for both domestic and industrial sector round the clock, he said.
Emphasis is also being laid on drinking water supply. While cities like Chennai are facing severe drinking water scarcity, Hyderabad will not have such problems as an exclusive reservoir was being constructed to meet the city requirements. This was possible due to the vision of Chief Minister K. Chandrashekhar Rao, he added.
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