Projects Today reported that the Andhra Pradesh Industrial Infrastructure Corporation plans to set up a 10 kilometer long metro rail line connecting Hi-Tec city at Madhapur with the financial district at Gachibowli as an independent unit but linked to the proposed metro rail project for Hyderabad.

A study conducted by the Local Area Industrial Authority, Gachibowli, found it feasible and estimated its cost at INR 1,500 crore.

According to APIIC, the line was being contemplated on the persistence of ICICI Bank, which is setting up its establishment in the financial district at a cost of around INR 2,000 crore.

(Sourced from Projects Today)