Hyderabad: IT and Industries Minister KT Rama Rao will inaugurate the new IT Hub in Nizamabad on Wednesday.
The IT Hub, which has been built by the Telangana State Industrial Infrastructure Corporation (TSIIC), spans over 50,000 square feet and has a plug and play seating capacity of 750. It is a state of the art facility that is equipped with the latest technology and amenities to cater to the needs of modern-day businesses.
Several companies across the globe have already shown interest in Nizamabad. Many of them have already signed up, recognizing the potential of the city to be a major IT hub. This is a testament to the growth and development prospects of Nizamabad, officials said.
Advertisements
To further promote the IT Hub and attract more companies, the Telangana government is offering incentives for the first year, where companies only have to pay maintenance costs, and the rental costs will start from the second year onwards. This initiative is aimed to support businesses to establish themselves in the region, and further boost the local economy.
The Minister tweeted on Tuesday: “I will be inaugurating a new IT Hub in Nizamabad city tomorrow as part of our efforts to take IT sector to Tier 2 cities & towns.
The IT Hub will also have an embedded T-Hub and TASK centre to help youngsters innovate and upskill. Giving wings to the aspirations of the youth has been a key driver of Telangana’s growth story.”
Advertisements
The Government of Telangana working closely with IT Serve Alliance USA and several other companies across the globe to promote and expand IT and ITES services to Tier II and III cities across the State.
Next Story:
-
BRS Celebrates 23rd Foundation Day Across Telangana
BRS celebrated its 23rd Foundation Day across the State, today, the party, founded as Telangana Rashtra Samithi by K.Chandrashekhar Rao and others who were strong sympathisers for the separate Telangana state in the year 2001, was renamed as BRS by transforming into a national party in 2022.
-
Youth Booked For Women Harassment In Kacheguda
A youth was booked for allegedly harassing a woman on a popular social networking platform on the pretext of love in Kacheguda on Saturday.
-
CM Revanth Meets CPM Leaders
Ahead of the Lok Sabha elections, Chief Minister Revanth Reddy sought the support of the CPM State unit for the Congress party in Bhongir and other parliamentary constituencies in the state.
-
Sameer Waliullah Calls on People to Vote Thoughtfully in Lok Sabha Elections 2024
Hyderabad DCC President Mohammed Sameer Waliullah called on the people of Hyderabad to vote thoughtfully in the upcoming general elections.
-
ISRO Employee Held For Job Fraud at Kacheguda
An ISRO employee was arrested on charges of cheating a job aspirant to the tune of Rs. 20 lakhs promising a job in the organization at Kacheguda on Friday.
Now you can get the latest stories from Hydnow every day. Click the link to subscribe. Click to follow Hydnow’s Facebook page and Twitter and Instagram