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Mahesh

09/03/22 20:37 PM IST

India’s first 100% women-owned industrial park begins operations in Hyderabad

In News 

  • India’s first 100 per cent women-owned industrial park began operations in Hyderabad.
Details 
  • Promoted by the FICCI Ladies Organisation (FLO) in partnership with the State government, the park has 25 units, representing 16 diverse green category industries, all owned and operated by women.
  • From the electronic sector to packaging, medical devices, wellness, engineering, and food processing, the FLO industrial park demonstrates the power of women in the industry. 
  • The park has also created amenities to offer a homely environment for women by keeping in mind the necessities of working women entrepreneurs, including designing creches and playschools.
  • The FLO also plans to set up similar multi-industry women industrial parks in various States and a centre of excellence for skill development in Phase II.
About Park 

  • The FLO industrial park, the first-of-its-kind park in the country, was established over 50 acres in Sultanpur near Patancheru with an investment of Rs 250 crore.
  • The park has already garnered tremendous interest from women entrepreneurs to run and operate their businesses.
  • The park was inaugurated by the IT & Industries Minister KT Rama Rao.
  • He promised another 100 acres for expansion of FLO women industrial park, subject to the park’s focus on novel products.
  • He also assured to offer an additional 10 per cent subsidy for women entrepreneurs.
  • The Minister also said that in the last seven and a half years, the State has attracted $32 billion investments, generating employment potential of 1.6 million. 
Source- The New Indian Express

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