Hyderabad, Jan 28 : Hyderabad, with its strategic location and good infrastructure, has all the facilities to emerge as a logistics hub serving the growing manufacturing industry, Telangana Industry Minister K.T. Rama Rao said.
The minister on Thursday inaugurated a state-of-the-art logistics park at Bata Singaram near the city, developed at a cost of Rs 40 crore in Public Private Partnership (PPP) mode.
Stating that Hyderabad is one of fastest growing cities in the world, he said there is potential for setting up of many logistic parks around the Outer Ring Road (ORR).
He asked Hyderabad Metropolitan Development Authority (HMDA) to work on setting up logistic parks near eight important highways including those leading to Vijayawada, Bengaluru, Mumbai and Ramagundam. He said the logistic parks will give impetus to the manufacturing sector.
KTR, as the minister is popularly known, revealed that draft of logistic policy is ready and it will soon be approved by the cabinet to encourage the sector.
He said the growth of this sector could provide employment opportunities to people. According to Logistics Skill Council, even those who have studied upto Class 10 or 12 can get jobs.
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