Hyderabad: Minister for IT, Industries & Commerce K T Rama Rao had released the CII Telangana’s report on “Warangal Vision Document 2028: Roadmap for Economic Development of Warangal (Rural & Urban)” here on Thursday, in the presence of CII Telangana Chairman V Rajanna.
Minister K T Rama Rao
The report talked about various potentials and gaps in making Warangal an economic booster. The report recommends skilling the existing unemployed youth to the local needs, which could trigger growth and support prospective anchor industries in Warangal that would offer large employment which in turn would be a game changer for the growth story of the Warangal region.
CII Telangana Chairman V Rajanna remarked that Warangal has enormous potential for the economic development due to its proximity to Hyderabad, talent availability with premier educational institutions including NIT (first REC in the country), Kakatiya University, and others nurturing skilled and semi-skilled. Hyderabad-Warangal corridor will be busier due to the focussed development of Yadadri.
Warangal also has a rich cultural heritage and a great tourist destination because of 1000 pillar Shiva temple, Ramappa caves, Bhadrakali temple, etc, Rajanna recommended to the State government and KTR that Warangal should have a mid-size airport and also high speed rail connectivity between Hyderabad and Warangal to make like Shanghai and Hangzhou of China.
KTR, who released the report, said the State government will be working on providing additional new incentives to those industries going to rural areas. ‘Districts like Mahbubnagar, Warangal, Karimnagar, Adilabad and others can be focused. It is important to have more such studies for other districts of Telangana and I would urge CII to work on it,’ he said. The Minister said the State government sees a very valuable partner in CII and that CII’s recommendations during the early days of formation of the new State immensely helped towards the overall visioning for the State.
Talking about Warangal, KTR said the government was working on developing a Hyderabad-Warangal Corridor. As part of it, the Yadadri temple development will be a major attraction for temple tourism and the IT Park belt of the corridor was also picking up with companies like Cyient having major investment. The Kakatiya Textile Park is a major initiative towards the Warangal District development, which would offer immense employment opportunities. “Warangal has a unique balance of Agriculture, Education and Heritage”, he said and appreciated CII efforts towards the development of Warangal and other cities.