Sumadhura-Telangana: ₹600 Cr. Industrial Park Deal Signed

Bengaluru-based Sumadhura Group has signed a ₹600-crore MoU with the Telangana government to develop a 100-acre Grade A industrial and warehousing park.

The project supports Telangana’s goal of becoming a USD 3-trillion economy by 2047 and aims to accelerate growth in manufacturing, logistics, and advanced industries. Designed as a future-ready ecosystem, the park will offer plug-and-play facilities for sectors such as aerospace, automotive, pharmaceuticals, and e-commerce. It is expected to create around 8,000 direct jobs as operations scale up, with modular production blocks enabling quick setup for incoming industries.

Ramarao Kalakuntla, Vice Chairman of Sumadhura Group, said the project is aligned with global standards in design, technology, and operational efficiency. The initiative aims to attract high-value industries, boost employment, and contribute significantly to regional economic development, supported by Telangana’s progressive industrial policies.

News by Rahul Yelligetti.