Telangana: Marubeni's ₹1,000 Crore Manufacturing Boost

Marubeni Corporation has announced plans to develop a cutting-edge industrial park in Telangana’s Future City, reinforcing the state’s growing prominence in global manufacturing. The initiative was formalized with a Letter of Intent (LoI) signed in Tokyo between Marubeni and the Telangana government during the "Telangana Rising" delegation visit led by Chief Minister A. Revanth Reddy.

Marubeni will invest an initial ₹1,000 crore in phases to develop the 600-acre park, designed to attract Japanese and other multinational manufacturers to Hyderabad. The project is expected to draw over ₹5,000 crore in total investments, positioning Future City as a major hub for international manufacturing operations.

News by Rahul Yelligetti.