Minister unveils Hinduja’s project

HYDERABAD: The automotive park coming up at Toopran mandal in Medak will not only change the face of the district, but pave way for the State emerging as automotive hub in future, said Minister for Major Industries, Sugar, Commerce and Export Promotion J. Geetha Reddy here on Thursday.

After unveiling the plaque of the new foundry project, she said the 250-acre automotive park at Kallakal village will have 34 units, including the prestigious 60-acre Hinduja Foundries, which already has a unit in Uppal here. It will produce cylinder-heads and blocks.

The automotive park would bring in investment of Rs.2,000 crore in addition to MLR Group’s investment of Rs.1,200 crores and with a potential for generating 15,000 jobs. The Hinduja Foundry alone would provide employment for 500 youth.

The company would be setting up an Industrial Training Centre at Mukkireddipalle to train local youth.
Vital for growth

Hinduja Foundries Managing Director Mahadevan said that Foundry was important for growth of automotive sector and their Toopran unit would make most sophisticated castings, especially cylinder blocks and cylinder heads, on a par with global standards and meet 30 per cent requirements of the tractor industry and also cater to light commercial vehicles and export segment.

The Rs.150-crore foundry would be ready by 2010-11 with a production capacity of 48,000 tonnes per annum.