Exciting News from Telangana IT Sector Minister for Telangana IT industry booming !!
What KTR said: (Sic) in vivid purple color background !
@KTRBRS laid the foundation stone for Malakpet IT Tower
21-storeyed State-of-the-art Malakpet IT Tower in a sprawling 10-acre area with a massive construction area of 20 lakh sq. ft.
Part of Hyderabad GRID (Growth in Dispersion) initiative
This new facility is set to create 50,000 employment opportunities (both direct and indirect): KTR
Telangana’s remarkable 26.14% growth in IT/ITeS exports is a testament to the state’s commitment to fostering a conducive environment for economic development. With its strategic location, world-class infrastructure, and investor-friendly policies, Telangana has emerged as a thriving hub for Information Technology and IT-enabled Services (ITeS).
The government’s proactive approach in creating a business-friendly ecosystem has attracted global investors, leading to a surge in foreign direct investment (FDI) in the IT sector. Telangana’s proactive policies, such as the Telangana State Industrial Project Approval and Self Certification System (TS-iPASS), have significantly streamlined the process of obtaining approvals and licenses, enabling businesses to set up operations swiftly and efficiently to benfit more people, not only in Telangana, but across India.
Moreover, the state’s focus on skill development and innovation has played a pivotal role to benefit people as Telangana IT industry booming. Telangana boasts of prestigious educational institutions and research centers that produce a highly skilled workforce, ensuring a continuous supply of talented professionals to meet the demands of the rapidly evolving industry.
Furthermore, the government’s initiatives like the T-Hub, a startup incubator, and the TASK (Telangana Academy for Skill and Knowledge) program, which imparts industry-relevant skills to the youth, have further propelled the growth of the IT/ITeS sector.
As a result of these conducive factors, Telangana has witnessed a surge in IT exports, with a staggering growth rate of 26.14%. Yes, Telangana IT industry booming to benefit more people. This exponential growth has not only contributed to the state’s economy but has also opened up abundant job opportunities for the local workforce.
Telangana’s thriving IT/ITeS sector is a shining example of how visionary policies, infrastructure development, and investment-friendly measures can propel economic growth and position a region as a preferred destination for global businesses. The state’s commitment to innovation, skill development, and creating a business-friendly ecosystem will undoubtedly drive its continued success in the IT sector.
KTR also added (Sic): Can Revanth Reddy openly make a statement that he did not work for RSS, and he does not hate Muslims?…Congress party is an old fox which has failed miserably. Revanth Reddy is a leader who said a three-hour current supply was sufficient for the farmers in our state. No other leader loves farmers and works for their welfare like CM KCR does: BRS Working President KT Rama Rao