Marking international women’s day in style, Tuesday witnessed the historical beginning of operations in India’s first 100% women-owned FICCI Ladies Organisation (FLO) Industrial Park in Hyderabad. In collaboration with the Telangana government, the one-of-a-kind park announced the commencement of operations by 25 women-owned and operated units representing 16 diverse green category industries.
Dream-to-reality project
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The FLO Industrial Park, spanning across an area of 50 acres, has been established at an estimated cost of ₹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. Touted to be a progressive move in the issue of women empowerment, the park has already garnered tremendous interest from women entrepreneurs to run and operate their businesses.
The idea of this iconic industrial park was conceptualised way back in 2013. With an aim to demonstrate and showcase the power of women in the industry, the project will provide women with the opportunity to contribute in the electronic sector, packaging, medical devices, wellness, engineering, food processing, and many others. Reportedly, a significant investment for the project came from FLO and its members, wherein the government provided the roads, electricity, water, sewerage, and sub-station.
Staying ahead of its times
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Staying ahead of its times, the park has also created amenities to offer a home environment for women by keeping in mind the necessities of working women entrepreneurs, including designing creches and playschools. Another 100 acres of land will soon be allotted for the expansion of FLO women’s industrial park and an additional 10 per cent subsidy for women entrepreneurs will be offered by the state government.
Established in 1983, FLO is a division of FICCI with its headquarters in Delhi and chapters in Mumbai, Chennai, Coimbatore, Hyderabad, Jaipur, Ahmadabad, Bengaluru, Indore, Ludhiana, Pune, Guwahati, Kolkata, and Lucknow representing over 5,700 diverse members.
– With agency inputs
