Zaheerabad Industrial City Operations Launch After 13-Year Delay
Zaheerabad's Smart Integrated Industrial City (SIIC) has officially begun operations following a 13-year development period. The project, part of the National Investment and Manufacturing Zone (NIMZ), has secured over ₹14,000 crore in investments from Hyundai, Triton Electric, and VEM Technologies, generating significant employment opportunities.
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The Smart Integrated Industrial City (SIIC) in Zaheerabad has commenced operations after 13 years of development. Key investments include ₹8,528 crore from Hyundai for a Global Innovation R&D Centre, over ₹3,500 crore from Triton Electric for lithium-ion battery manufacturing, and more than ₹2,200 crore from VEM Technologies for precision engineering components.
The project spans 12,635 acres, with the first phase covering 3,245 acres approved jointly by the Centre and Telangana, costing ₹2,369 crore. Expected outcomes include 2.5 lakh direct and 5 lakh indirect jobs across various sectors. As farming activity is to cease post-Rabi season, development efforts are being closely monitored by local officials.
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