Hyderabad, July 6th, 2018: FLO Hyderabad and TSIIC today allocated allotment letters to 18 FLO women entrepreneurs at the FLO TSIIC Industrial Park, Sultanpur.
Speaking on the occasion KT Rama Rao said government through various industrial parks allocated a total of 200 acres to three different women bodies. We have allocated 50 acres to FLO at Sultanpur; 30 acres to COWE at Toopran and 120 acres to ALEAP.
10 % of land in all the 140 various industrial parks in the state are ear marked for women entrepreneurs, he said and added that should you require more land TSIIC will facilitate the same for them.
FICCI National President Rasheesh Shah said India is a country of entrepreneurs. We want to be boss of our own. It is a golden era in India for industries. India has registered 2.5 Trillion in GDP. It is growing so fast that it is doubling its GDP every 7 years.
FLO is India’s largest women Business Organisation in India. To be an entrepreneur is not easy. If government can make it easy, these entrepreneurs can go a long way, he said. India has the highest women pilots in the world. 13 per cent of India’s pilots are women, while world average is just 3 per cent, said Rashesh Shah. Give women more economic power he said.
Jayesh Ranjan, Priyanka Ganeriwal, FLO HYD Chairperson, Catherine Hadda, US Counsel General and others graced and spoke on the occasion.
The FLO TSIIC Women’s Industrial Park at Sultanpur, Pattancheru is spread over 50 acres adjacent to the medical devices park. The Flagship Project in collaboration with TSIIC is the first for both FLO and its parent body FICCI. In the light of the “Make in India” campaign that has set strong grounds for awareness and encouragement to women.
The Park will house 100% women owned and women run businesses representing varied Industry Verticals primarily in the green category. The current applicants belong to varied industries: Packaging, Organic Handloom Apparel, Electronics & Electrical, Food Processing, Medical Devices, Furniture, General Engg. and Metal Powders.
According to Jyotsna Angara, who leads the initiative the allocated land is fully sold out. Still there is more demand and asked government to commence development work at the park so that those who were allotted land will start their work. She also appealed to KT Rama Rao to commence phase II.
The industries in allocated land will be set up at an investment of Rs 150crore in phase-I. These industries will come up in 6 to 12 months. These industries will generate an employment of 1500 people, informed Jyotsna.
The list of women entrepreneurs who were allocated land include:
Pixeled India Pvt Ltd set up by Vinita Surana, deals with manufacturing of LED lights. Rs 5 to 7 crore go will in investment and will provide employment to 75 people.
Fast Foods set up by Sangita Reddy is a venture which treats food as therapy foods aims to make cooking easy. The company expects to invest Rs 11 crore and generate employment to 150 people.
Hikari LED by Sumita Srimal will work on manufacturing of energy efficient, clean and eco-friendly lighting using Emitting Diodes(LEDs). The expected investment is Rs 28crore and supposed to generate 200 jobs.
Polmon Process Controls Pvt. Ltd will be set up by Usha Rani MANNE. It will be a measuring & control instrumentation and automation solutions provider. The investment that will go into this venture will be Rs 9.5crore and it will generate 200 jobs.
PDFC Packaging by Sharmila Jain will manufacture corrugated 3 ply and 5 ply boxes will invest Rs 5crore and create 100 jobs.
Anhad by Ishita Singh aims to project Handloom fabrics of Telangana as high-end, couture products for a larger market. The investment that will go into this venture will be Rs 3 to 5 crore and it will create 40 jobs.
Prime Packs by Ritu Shah will manufacture, export and supply quality array of Frozen Foods. It will be set up at an investment if Rs 6 to 8 crore and generate 140 jobs.
PD Packaging Company led by Renu Swarup will manufacture induction seals and labels. The promoter will invest Rs 4crore and generate 55 jobs.
Deccan Agencies Pvt Ltd by Richa Jalan, will be a FRP rods manufacturing facility, set at RS 12crore and create 170 jobs.
Haritha Herbals by N. Sudha will offer natural and healthy products in food and herbal medicine; Srishti Precast Pvt Ltd by Sunitha Chityala will provide building technology; ANI Furniture by Anju Dubey will provide quality furniture to offices will invest Rs 6-7 crore and will generate 50 jobs; Padmasree Enterprises promotes by Ch. Saritha Devi will manufacture specialty metals; Deccan Ensemble Pvt Ltd by Kavita Jalan is setting up silicon rubber compounding facility at a cost of 14.10crore will generate 230 jobs; Globe Infra by Padmavathy will invest Rs 4crore; Once is not Enough by Khushbu Baid will process plastics at the origination stage; Yash International Inc set up by Aarti Agarwal for the manufacture of fans will invest Rs 23crore and Manasa Yeddula of E-Retail Solutions and another company Bloomflex Packaging set up by the same entrepreneur will manufacture state of the art Polyethylene and Polypropylene film manufacturing plant.
FLO National President, Pinky Reddy said, “With the Govt of Telangana‘s proactive and progressive Industrial Policy and its keenness to promote women enterprises in the state, TSIIC has partnered FLO via its parent body, FICCI. Today, Hyderabad and Telangana are considered the most preferred destinations for any investor and we already have many MNC’s and large international brands with their facilities in the state. While it our maiden venture with TSIIC, the experience of both FLO and TSIIC in this space will certainly create an industrial park which will set a benchmark. It has been said that the one way to make sure women participate in the economic growth of the country, is by creating a healthy eco-system for women entrepreneurs. The FLO Hyderabad Entrepreneur Park is aimed towards this”.
Jyotsna Angara, who leads the initiative at Hyderabad said, “FLO’s commitment to build an entrepreneurial driven economy and resurgent India where women play a major role is continuous. This we believe is possible only when we have Industries owned and led by women in varied Industry Sectors bringing good investments, creating better employment opportunity for women and also alongside build better local communities. We have ensured that diverse industries are represented at the park – Packaging, Organic Handloom Apparel, Furniture, Electronics, Food Processing, Medical Devices and General Engg. All these industries are expected to bring in substantial investments of over 150 crores and large number of employment generated on a continuous basis. We are encouraged by the proactive stance of the Government of Telangana and see much potential for the Park to develop as a facility to contend with.
“India can increase its 2025 targeted GDP from 16% to 60% by enabling women to participate in the economy on par with men. FLO believes that Women’s Industrial Parks shall give tremendous boost for women to set up their own ventures. Today, women owned businesses are big contributors to the economic growth of the country. It is our strong belief that, the proposed Industrial Park will fulfill that requirement and help India emerge as a manufacturing destination.” added Jyotsna Angara.
“One of the key enablers to catalyze the “Make in India” initiative announced by the Government of India is to bring women to the mainstream, fore-front of business, Industry and Policy making. To this end, FLO has been working relentlessly towards skill development initiatives and promoting entrepreneurship with women at all levels”. She also added, “With the support of State Govt., FLO Hyderabad plans to create bench mark developments in the women’s industrial park space, both in terms of investments, employments and facilities. With the keen interest of State Govt and Industries and Commerce Minister, Mr. K.T. Rama Rao in promoting industrial growth with pro-industry & forward thinking policies, we are confident that the FLO Park will give an impetus to companies, especially those from other states, to setup a base in our park”.
Green energy norms and green infrastructure for sustainable energy will be a big aspect of the park to create a more sustainable future for all of us. The main aim of FLO, TSIIC and the number of companies that will make up the industrial park eventually is to propagate and encourage sustainable development and growth. FLO is working to pioneer the concept of integrated business township linked to the Industrial parks in India and establish such projects across at the various chapters that it is planning to set up Industrial Parks with the respective State Industrial Development Corporations. FLO engages in multifaceted activities to support the growth of women as well as the communities and the nation at large.