Home Articles India’s first 100% women-owned FLO Industrial Park begins operations with 25 green...
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India’s First 100% women-owned FLO Industrial Park at Hyderabad promoted by FICCI Ladies Organization (FLO) in partnership with the Government of Telangana, announced today, the commencement of operations by 25 women-owned and operated units representing 16 diverse Green Category Industries at the Park to Commemorate International Women Day.
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The 50 acres FLO Industrial Park in Hyderabad was established with an investment of Rs 250 crore is the flagship project and the first of its kind at a national level with participation open to Chapter Members and the national members of FLO. The park has already garnered tremendous interest from women entrepreneurs to run and operate their businesses from this park.
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The 50-acre Industrial Park conceptualized in 2013 exclusively for women was inaugurated by KT Rama Rao, Minister for IT E&C, MA&UD, and Industries & Commerce Departments.
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Minister KT Rama Rao, in his address during the inauguration, urged the entrepreneurs to think big, start to think about emerging technologies, focus on aerospace, defense, food processing, forge a global partnership. He promised another 100 acres for the expansion of FLO women’s industrial park, subject to the park’s focus on novel products, and offer an additional 10% subsidy for women entrepreneurs.
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Ujjwala Singhania, FLO National President in her address said “The objective of FIP (FLO Industrial Park) is to propagate and encourage sustainable development and growth. The commencing of FLO Industrial Park in Hyderabad today is a significant milestone, and will pave the way to create more integrated business townships linked to the Industrial parks and establish such projects at various chapters.”
