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Attivo Economic Zones Pvt Ltd (Attivo) and Telangana have signed an agreement to set up an infrastructure equipment park in Telangana.
The memorandum of understanding was signed between Attivo and the Department of Industries & Commerce in Bengaluru.
Location Attivo will set up the 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 an industrial zone of international standards, inviting major equipment makers to set up units there. The proposed park is expected to generate direct and indirect employment in excess of 10,000 over the next 10 years.
Attivo, a Srei initiative, is in the business of developing, managing and marketing industrial parks, economic zones, SEZs and smart cities.
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