TS Govt aspires to transform Telangana into Knowledge Society

The Government of Telangana  aspires to transform the State into a Knowledge Society and make available the benefits of Information Technology to the last mile of the State and to all citizens, especially those in rural areas, not only for providing gainful employment but also for over all socio-economic development, said Information Technology Minister K. Tarakarama Rao after inaugurating IT Incubation Centre in Warangal on Friday.

With Hyderabad as a role model, other Cities in the State of Telangana, i.e., Warangal, Karimnagar, Khammam etc are being developed as Tier-II IT Hubs. Special incentives are offered to IT industry to expand their business operations and move to Tier-II locations, which have definite cost arbitrage with abundant availability of physical, social infrastructure, talented skilled human resource, low standard/cost of living, etc., compared to other locations in the country.

Warangal is fast emerging as a promising Tier-II IT location in the State.

In order to make Warangal an attractive IT destination for the IT companies to come, set up and grow their operations, the State Government has taken many pro-active initiatives  including developing an IT SEZ in an area of 45 acres.

The IT Incubation Centre, which was inaugurated by KTR today, is funded by the State Government and constructed by TSIIC in an area of 2 acres with a total built up area of 15,000 sft to enable Start-up, Micro, Small and Medium IT companies to operate in a “Plug and Play” and hassle free environment.

This IT Incubation Centre will provide direct & indirect IT employment to 1000 educated youth of Warangal.

Out of the 15000 sq.ft, 6414.00 sq.ft in G+2 floors has plug & play facility with a capacity of 45 workspaces in the Incubation Centre.

KTR also laid the foundation stone of Cyient's new facility in Warangal on Friday. Also present for the occasion were Deputy CM Kadiyam Srihari, Cyient Founder and Executive Chairman BVR Mohan Reddy.