Hyderabad:

The Yash Birla group has submitted a proposal to the state government for the setting up of an international-standard sports city in the state. Group representatives met CM N Kiran Kumar Reddy and promised to bring in an investment of Rs 13,000 crore for the proposed project.

The sports city will have all kinds of sports infrastructure along with a manufacturing centre and a wellness centre. At the facility, local sporting talent will be developed to match international standards. For the project, the group wanted 450 acres of land near any international airport and another 250 acres for the wellness centre.

“The land earmarked for the Lepakshi knowledge hub near Anantapur is anyway vacant and, what’s more, it is also close to Bangalore airport. We may consider the site for the project,” said government sources. If the group agrees to this, the agreement will be signed at the Partnership Summit that starts on January 11.

source: http://www.timesofindia.indiatimes.com / Home> City> Hyderabad / TNN / January 08th, 2012