900 Acre Fab City Project to Attract $5K Crore Investment Telangana Embarks on Large Scale IT Growth.
The Telangana government is at the outset of a large scale industrial change as they are reviving the 900 acre Fab City cluster in Tukkuguda which is to see in $500 million investments in the coming year. This bold plan is to put Fab City on the map as a high growth center for IT, electronics, semiconductor, and energy storage industries. Fab City to Rise as the Next IT and Electronics Powerhouse.
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For many years some areas of Fab City lay unused. But with renewed attention the state has put out of SEZ status 922 acres of land which in turn has enabled a diverse group of industries to set up base fast. This move is a game changer for Telangana’s industrial growth. Key Points of the Fab City growth.
In 12 months we will see $5,000 crore of investment.
900 acres brought back into the main industrial market from SEZ.
Expected to create 15,000 direct and indirect jobs.
Integrated 15km corridor between Fab City and Bharat Future City.
Strengthened links via ORR, Srisailam Road, also new 330 feet corridor.
A Tech Megalopolis.
Chief Minister A. Revanth Reddy has put forth that we integrate Fab City with the also coming up Bharat Future City which is at a distance of 15 km. This will in turn create a world class corridor for tech based companies, semiconductor manufacturers and global IT players which are to set up new facilities in Hyderabad. We are seeing dedicated roads, improved infrastructure and multi modal connectivity which is to play a key role in getting industry on board and in fast tracking development across the region. Fab City The Game Changer.
With the increase in global demand for semiconductor production, battery technologies, and AI based electronics, Fab City’s renewal is very timely. The project puts forth:.
Large-scale employment generation
Expansion of Hyderabad’s tech footprint
GDP and industry growth in the state.
Long term development of electronics and EV systems.