Attivo
Attivo Economic Zones Private Limited, an initiative of Kanoria Foundation entity Srei, and the Government of Telangana has announced a 50:50 JV to accelerate industrial growth and socio-economic development in Telangana. The industrial park, located near Hyderabad, will be well-connected with road and railway networks, allowing OEMs to connect and communicate with different markets across India. It will have assured water supply, world-class telecommunication infrastructure, and availability of skilled and employable manpower.

The MoU was signed between Attivo and the Department of Industries & Commerce (I&C), Government of Telangana, in the presence of Shri. K.T. Rama Rao, Hon’ble Minister for Information Technology, Municipal Administration and Urban Development, I&C, Public Enterprises, Sugar, Mines and Geology, NRI Affairs, Government of Telangana; Mr.Jayesh Ranjan, Principal Secretary of I&C and Information Technology departments of Government of Telangana; Mr. Sunil Kanoria, Vice Chairman, Srei; and Mr. Indranil Dasgupta, CEO, Attivo.

As per the agreement, Attivo will develop an infrastructure equipment manufacturing park in the National Investment and Manufacturing Zone (NIMZ) near Zaheerabad town in Telangana. Spread over 500 acres, the park will create a sustainable and comprehensive industrial zone of international standards. Most of the world’s leading original equipment makers (OEMs) are expected to set up their units in the park, which has a potential to generate direct and indirect employment of over 10,000 in the next 10 years.

Commenting on the development, Mr. Sunil Kanoria, Vice Chairman, Srei, said, “Attivo’s proposed park will be the most ideal location for all construction and mining equipment manufacturers in view of the plethora of road, irrigation and mining work being awarded by the Government of Telangana, and most of the contractors and construction companies are based there. It makes great economic sense to set up the manufacturing base in the zone, which will meet all infrastructure requirements. The park has generated instant interest from major CE companies and we have identified three anchor clients already.”

Mr. Indranil Dasgupta, CEO, Attivo, commented, “We are delighted to be a partner in Telangana’s progress. Attivo has an experienced team of professionals who have successfully developed, managed and marketed industrial parks and SEZs across India. Our ability to deliver holistic infrastructure facilities has allowed our clients to set up units without incurring huge capital costs. We are confident that the infrastructure equipment manufacturing park will soon become one of the key engines of Telangana’s economic progress.”

Shri. K.T. Rama Rao said, “The setting up of the first OEM park in Hyderabad augurs well for the CE industry. Ancillary industries, including skilled manpower and employment generation will also benefit as the park will facilitate and support a comprehensive eco-system. Telangana is emerging as a preferred destination for industries, and we will continue to support business ventures, which have the potential to drive industrial growth and the economic progress of the state.”

Mr. Jayesh Ranjan added, “We believe in driving economic growth through infrastructure development. Attivo’s proposed park is a step in the right direction and will help us drive rapid industrialisation in the state.”

Attivo, a Srei initiative, is in the business of developing, managing and marketing industrial parks, economic zones, SEZs and smart cities. The company is responsible for marketing a 2,518-acre multi-product SEZ in Tirunelveli district in Tamil Nadu, and is exploring similar opportunities in Gujarat, Maharashtra, and West Bengal.

Kolkata-based Srei Infrastructure Finance Limited, a Kanoria Foundation entity, is involved in Infrastructure Project Finance, Advisory and Development, Infrastructure Equipment Finance, Alternative Investment Funds, Capital Markets and Insurance Broking.
Engineering Design Consultancy Fees
Vivek G. Abhyankar, Structural Engineer, elaborates on the various aspects of Engineering Design Consultancy Fees, the agreements, do’s and don’ts, Indian as well as foreign consultancy practices, along with case studies, for the benefit of

Read more ...

How to Save Construction Cost
If the homebuilding exercise is carried out with proper planning and smart execution, it would lead to a significant reduction in cost. Nidhi Aggarwal, Founder, SpaceMantra, offers 7 tips to save costs while constructing a house.

Read more ...

Bhavan Domes Technology
This Innovative and economical Construction System of Geodesic Domes minimizes the geometrical complexities of construction and engineering difficulties. N G Bhagavan, Retired Scientist, Center for Innovative Building Technologies (CIBTech)

Read more ...

C-PC Polymer Composites Based Civil & Structural Engineering Applications
The construction industry is always evolving with new techniques and methodologies. With the global industrial communities setting their sustainability goals for a better future, any new trends and technological advancements appearing within the construction

Read more ...

Safety, Ownership & Leadership in Industrial Workplaces
The Workshop on creating Ownership of Safety and Safety Leadership for safety culture transformation is designed to address the ‘ought to be’ and ‘ought not to be’ factors associated with the promotion and improvement of safety performance

Read more ...

Professional Engineer Certification Practices in India vis-à-vis USA
G. Venkata Prasad, Director of Operations, Deep Foundations of India, & Dr. Putcha Sastry, Vice President, Smart Structures, Florida, USA, compare a Professional Engineer’s practices in India with that in the USA, and highlight

Read more ...

Accident Or Accidental
Should one set safety priorities by Choice or by Chance? In my opinion, fatalities ought to be classified as ‘by chance’ which can be controlled or contained by proactive planning. On the other hand, safety cannot happen by accident

Read more ...

Building Bridges: Shaping the Future
‘Building Bridges’ is a technical book that reads like a novel, and acts like a reference point and a guide, with its systematic compilation of information on bridges across India. It presents the world’s first fully digitalized bridge

Read more ...

Earthquake-Resistant Construction
It is now an accepted fact that all the countries on the earth are liable to earthquakes. Lands can only be grouped into 5 zones (Zone I where the event is active at its highest to Zone V where it is the least active) depending upon the frequency

Read more ...

EPS Geofoam Blocks for Light Weight Steps
Expanded Polystyrene (EPS) Geofoam blocks are normally used with soil in the applications of slope utilization, lateral load reduction in retaining structures, and buried utility protection etc. In buildings, the blocks can be used in stairs

Read more ...

Smart, Automated Car Parking System
Despite the fact that in the last few decades India’s Automobile sector grew at an unprecedented pace, the Indian mobility system has turned a blind eye to the critical issue of automotive parking systems.

Read more ...

Planting Trees Precautions and Care
Trees form an integral part of our ecological system and are a god-given gift to humanity. Trees or plants can’t move but still are the most dynamic and self-dependent systems. Often civil engineers learn about concrete

Read more ...

Retrofitting RCC Grid by Jacketing
Retrofitting of RCC structural members is carried out to regain the strength of deteriorated structural concrete elements and to prevent further distress in concrete. This case study gives a quick and easy reference on the effective

Read more ...

Incremental Dynamic Analysis (IDA) of Flat Slab Structures
A new methodology is essential to understand the response of structure when subjected to nonlinear dynamic loadings like earthquake, tsunami, hurricanes etc. Incremental dynamic analysis (IDA) is the powerful tool which will enable

Read more ...

Intelligent Fire Alarm Systems for New Age Smart Buildings
Fire alarm systems are only effective if they can generate reliable and fast fire alerts with exact location of fire. There is a direct correlation between the amount of damage caused by fire and interventions

Read more ...

Future of Thermal Power Plants
In India, the major source of power generation is thermal energy. Over 65% of electric power is made by thermal plants in India. The country has a huge store of coal (about 170 billion tons) – the fifth largest in the world

Read more ...

Future of Thermal Power Plants
In India, the major source of power generation is thermal energy. Over 65% of electric power is made by thermal plants in India. The country has a huge store of coal (about 170 billion tons) – the fifth largest in the world

Read more ...

Implications of the Proposed Shear Design Provisions in the Indian Code IS 456
Most of the provisions in the Indian code, IS 456:2000, are based on the experimental investigations on concrete with strengths less than M40. Hence, recently, new equations for the shear strength of RC beams have been

Read more ...

Revision of Indian Standard Codes of Civil Engineering – Prospects and Necessity
It is not only necessary but rather indispensable for civil engineers and professionals engaged in civil engineering practices to have a practical understanding of the modification and changes in the Indian standard

Read more ...

Era of Nanotechnology
Nanotechnology is a revolutionary step in the field of construction which deals with the synthesis, characterization, utilization and analysis of materials at the nano scale. These can be utilized to improve the mechanical properties

Read more ...

×
Sign-up for Free Subscription
'India Construction Week'
Weekly e-Newsletter on Construction Industry
Get the latest news, product launches, projects announced / awarded, government policies, investments, and expert views.
Click here to subscribe.
×