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Current Affairs - 2022
India's first 100% women-owned 'industrial park' inaugurated in which city?
A)
Mumbai
B)
Chennai
C)
Bangalore
D)
Hyderabad

Correct Answer :   Hyderabad


India’s first 100% women-owned FLO industrial park in Hyderabad, promoted by FICCI Ladies Organization (FLO) in partnership with the Government of Telangana, was inaugurated with the commencement of operations by 25 women-owned and operated units representing 16 diverse Green Category Industries at the Park.
 
Speaking at the inauguration, Minister KT Rama Rao, urged entrepreneurs to think big and start to think about emerging technologies. Focus on aerospace, defence, food processing, forge a global partnership.
 
He also promised another 100 acres for the expansion of the FLO women's industrial park, subject to the park's focus on novel products. Offer an additional 10% subsidy for women entrepreneurs.

The 50-acres FLO Industrial Park was established with an investment of Rs. 250 Crores 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 became operational by 25 women-owned and operated units representing 16 Green Category Industries. The park was conceptualized in 2013 exclusively for women was formally inaugurated by Telangana minister KT Rama Rao on Tuesday.
 
Uma Chigurupati, Chairperson, FICCI FLO Hyderabad Chapter informed that while 25 units started operating the industrial park to generate 1600+ jobs in the next 2years of operation.
 
The park is at its core to demonstrate the power of women in the industry has also created amenities to offer a home environment for women by keeping in mind the necessities of Working Women Entrepreneurs, including designing crèches and playschools..

Source : India Today

Published On : March 11, 2022
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