Attivo plans equipment making zone

    Attivo Economic Zone
    In a major boost to construction equipment manufacturing, Attivo Economic Zones has decided to set up an infrastructure equipment manufacturing park worth 500 acres in the National Investment and Manufacturing Zone (NIMZ), near Zaheerabad in Telangana. Attivo, which is a Srei Group’s initiative, recently signed a memorandum of understanding for the proposed facility, with the State Department of Industries and Commerce. The park will create a sustainable and comprehensive industrial zone of international standards. Some of the world’s leading original equipment makers are expected to set up their units in the park, which has a potential to generate direct and indirect employment in excess of 10,000 over the next 10 years. The cooperation agreement would further accelerate industrial growth and socio-economic development in Telangana, Vice Chairman, Srei Group, Sunil Kanoria said, adding that the park will come up 116 km from Hyderabad and will be well-connected with road and railway networks, allowing the OEMs to connect and communicate with different markets across India. This will be complemented with assured water supply, world-class telecommunication infrastructure and availability of skilled and employable manpower, he added.
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