Wednesday, May 22, 2024
More
    HomeHyderabadKTR committed to expanding the IT sector in II-tier cities.

    KTR committed to expanding the IT sector in II-tier cities.

    Related stories

    New industrial policy aims to propel TG onto the global stage

    Hyderabad: The state government is planning to replace the...

    Chief Minister of Telangana visits Tirumala

    Telangana Chief Minister A. Revanth Reddy visited Tirumala with...

    Release of Telangana State Anthem “Telangana Geetham” Imminent

    The government has finished working on the Telangana State...

    NIA apprehends four additional suspects in multi-State raids related to Rameshwaram Cafe blast investigation

    NIA detained suspects from Anantapur, Vikarabad, and Coimbatore, including a Bengaluru techie, for interrogation.

    When announcing the upcoming openings of IT towers in Siddipet, Nizamabad, and Nalgonda over the next three months, Telangana’s minister of information technology, KT Rama Rao, spoke about the state’s commitment to growing the II-tier city IT sector. 

     

    - Advertisement -

    On May 6, the IT Tower in Mahabubnagar was officially opened. While existing IT towers have seen significant progress with companies creating job opportunities for citizens, Following Hyderabad and Mahabubnagar, Warangal is Telangana’s developing IT hub. 

     

    - Advertisement -

    According to KTR, who released the IT annual report for 2022–2023, four new businesses—LTI Mindtree, Genpact, HRH Next, and Hexad Solutions Pvt. Ltd.—were established in Hanumakonda alongside the already existing Tech Mahindra, Cyient, and Genpact firms. 

    Also read:  HSPA calls for parents' panels in Hyderabad schools to increase demand

     

    - Advertisement -

    Inspired by Telangana’s T-hub, which has been instrumental in promoting ecosystem entrepreneurship in the state while significantly facilitating state government engagements, particularly in Bihar. T-hub has raised $8 million and attracted 75 HNIs as a result of its dedication to working with HAL to support the booming IT industry’s innovation and growth. 

     

    The expansion of the IT industry in rural areas with the help of the rural technology policy will boost the local economy and give residents of II-tier cities job opportunities. The integration of IT and E&C will soon drive growth and investment. With Foxconn’s donation of an industrial-grade SMT line to carry up the T-works, soon our state will be seen among the world’s largest prototyping centers.

    Also read:  BJP leader updates Sitharaman on Telangana's declining finances
    - Advertisement -

    Follow us

    3,565FansLike
    179FollowersFollow
    1,202FollowersFollow
    965SubscribersSubscribe

    Contribute News

    You can contribute an article to Telangana Tribune by dropping a mail at newsdesk@telanganatribune.com

    Latest stories

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here