Hyderabad: The Telangana state and KEF holdings to join hands and set up a one of its kind Construction & Building Materials Manufacturing Park in Telangana. At a joint press meet in Hyderabad, IT & Industries Minister KT Rama Rao announced that Telangana Government will set up the Construction & Building Material Manufacturing Park in partnership with KEF Holdings. The proposed park is expected to generate employment to about 10,000 people.
The KEF Holdings & KEF Infra will set up an offsite manufacturing mother plant in Telangana with an investment of 600 Crores, in the proposed Industrial Park. At the announcement ceremony, Minister Rama Rao said, “This Construction & Building Material Manufacturing Park is the first of its kind in India. We are exploring four locations around Hyderabad for setting up the Construction & Building Material Manufacturing Park, which will come up in about 250 acres. Telangana government will provide the required land, infrastructure and also train local youth for employment in the proposed park.
The ancillary industries are expected to create direct and indirect employment opportunities in the state. Appreciating the industrial sector of the state, Faizal E Kottikollon, Founder & Chairman of KEF Holdings & KEF Infra said, “Telangana is the first state where we are having a joint venture. Though we were invited by the other Indian states, we preferred Telangana after exploring its opportunities and geographical advantages.”
The KEF INFRA, a wholly owned entity of KEF Holdings, is the pioneer of offsite manufacturing in India. The company is a technology-driven infrastructure manufacturing company, which is dedicated to transforming the way that buildings and basic services are created and delivered in India by the revolutionizing production, using world-class technology. The KEF INFRA invested over US $ 100 million to set up KEF Infra One Industrial Park in Krishnagiri, Tamil Nadu. The world’s largest integrated facility for offsite construction spanning one million square feet. The KEF Infra has delivered the 400,000 sq.ft. the Meitra Hospital (500 Beds in two phases; 209 completed) in Kerala, within a record time of 18 months, and manufactured 175 public canteens and 20 kitchens as part of the Bruhat Bengaluru Mahanagara Palike’s Indira Canteens Project in Karnataka.