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Assocham’s strategy for Hyderabad infrastructure

Q: Hey guys what’s the ASSOCHAM? I’m asking because I found out that they recently released a strategy to improve Hyderabad connectivity infrastructure with the other states. But, guys how will it help the real estate scene around here?

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Replies (4)
1
Hi all,
Assocham has suggested to the Telangana government to take growth outside Hyderabad by building infrastructure in other parts of the state. He also state that Telangana has potential to achieve double-digit growth rate, it called for expediting ongoing infrastructure projects and creating new infrastructure in other parts of the state. The state needs to roll out a strategy for taking to take growth to other parts of Telangana as aspirations for generating more jobs and improved standard of living have mainly fuelled the formation of India's 29th state
Sharan Basappa


@Sharan,
Yes, you are right. Employment generation is the key to development of Telangana state which has got relatively limited success in leveraging its spatial and human resource advantages for attracting investments. Even they should focus on improvement of power sector and initiate adequate measures to reduce quantitative and qualitative shortfall of power supply across the state as well.
Suraj.V,  Hyderabad
22nd August 2014


2
You know what I heard. According to what the Assocham told the media, Telengana currently has a revenue excess of Rs 3555 crores. So now they can actually start paying back their pending debt amount of Rs 1.45 lakh crores. Assocham seems really positive about the economic growth of Telengana state, seeing as how the per capita income of the state is so much higher than the national average. The economy being highly service oriented, there is a major contribution from the state to the GSDP (almost 30%) and to agriculture (14%).
Shiva Kumar


3
You’re just focusing on the connectivity infrastructure. The ASSOCHAM has made a number of other requests. Basically the ASSOCHAM want to hold an international conference on small cities in October and one in Hyderabad in December. Its called the ‘Invest Telengana’ conference. I think under this prerogative they are planning on getting more and more international investors interested her, to attract foreign money into the state. The ASSOCHAM think that there is plenty of potential here in the state of Telengana and especially in Hyderabad
Lata Rao


4
The ASSOCHAM is the acronym for the Associated Chambers of Commerce and Industry of India. So they have been requesting the Telengana government to take measures to improve the state of their current infrastructure projects. According to this association, the state government should strategise better connectivity between Hyderabad and other cities of the state. I think they are looking at overall job creation, employment generation and overall wealth development of Hyderabad.
Suresh Kota


5

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