Hyderabad: In a novel initiative aimed at promoting industry and business in the State, the Industries department has begun creating an “Industry Catalogue of Telangana State,” a one-stop portal for complete details on all the industrial units operating in the State.
The portal is expected to be a boon for industries, particularly those in the MSME sector in the State, since this will serve as a B2B platform where they can not only access information about raw materials suppliers but also use it to identify potential buyers for their products. The department started the initiative a few weeks ago and has asked all the industries in the State to register themselves.
Sources said the registered entrepreneurs will have access to details pertaining to suppliers of various raw materials, peripherals and also finished products. The initiative was taken up following instructions from IT and Industries Minister K T Rama Rao to consolidate and publish details of all industries in the State through TS-iPASS website.
“The idea is to create a database that will help the entrepreneurs to identify the requirements of different industries besides facilitating study of the market for potential opportunities in different sectors. We have taken up this resource mapping to help all industrialists and promote B2B (business to business) collaborations,” an Industries department official told Telangana Today.
During online registration, the entrepreneurs have to provide various details pertaining to the product being manufactured, annual production capacity, investment, category (mega, large, medium, small and micro), employment provided, and other details. The industrial sectors range from Aerospace and Defence to automobile, food processing to granite/stone crushing, and pharmaceuticals to textiles, which will be uploaded into the catalogue. They also have to furnish information pertaining to raw material procured, whether it is imported and annual consumption, among other details.
Besides urging all the industries to register themselves, the Industries department also directed its general managers in all districts to furnish details pertaining to all the industries set up in their respective areas. “We have the records pertaining to all the industries in each district, but have no digital records. This move will help us digitise all the details to make them available in just one click,” the officer said.
Telangana State attracted investments worth over Rs 1.96 lakh crore in the five years since the launch of its TS-iPASS industrial policy. Of the 12,021 projects approved under the policy, 9,021 or 75 per cent have commenced operations and provided jobs to about 13.9 lakh people.
– The catalogue will have complete details on all industries in TS
– The digital catalogue will function as a virtual market and research place for entrepreneurs
– Resource mapping initiative will help all industrialists and promote B2B (business to business) collaborations
– Entrepreneurs have to provide details pertaining to product manufactured, annual production capacity, investment, category (mega, large, medium, small and micro), employment provided, among other details
– District General Managers of Industries department asked to furnish details pertaining to all industries set up in their respective areas