Under the mega project, special economic zones (SEZs), industrial parks, free trade zones, warehousing zones and export-oriented units would come up in three corridors around the city which includes the areas Madhapur, Gachibowli, Uppal, Mamidipalli, Raviryal, Adibatla and Maheswaram, and Pocharam. The government proposed to develop the infrastructure for ITIR at an estimated cost of over Rs 2.19 lakh crore.
On September 20, 2013 the Central Government gave the official approval for the ITIR project