Telangana has furthered its vision of IT growth in tier-2 and -3 cities with the inauguration of a new IT tower in Siddipet. Seventeen companies have been allotted space in the four-storey building, which can house up to 1,440 tech professionals. The IT Minister, KT Rama Rao, emphasized that these new hubs will drive economic growth and create jobs. He highlighted the 'Telangana model' of balanced and inclusive growth, pointing to the rise in IT exports alongside an agricultural resurgence, reflecting the state's multifaceted development strategy.
The government of Telangana's objective to stimulate the growth of the Information Technology (IT) sector in smaller cities received an impetus with the inauguration of a cutting-edge IT tower in Siddipet. The event marked an important milestone in the state's efforts to permeate IT growth across tier-2 and 3 cities.
The IT tower was officially inaugurated by Telangana's IT Minister, KT Rama Rao, alongside the Health & Finance Minister, T Harish Rao. The ministers have provided allotment letters to 17 companies, establishing their new corporate presence in the facility. The high-tech, four-level building is capable of accommodating up to 1,440 IT professionals, operating in two shifts around 720 workstations.
During the inauguration, Minister Rama Rao articulated that the office of the Telangana Academy of Skill and Knowledge (TASK) is also housed in the tower. TASK aims to bridge the employability skills gap, reinforcing the workforce's potential. Plans are also underway to augment the IT tower and to inaugurate a T-Hub center, all in a bid to invigorate Siddipet's innovation ecosystem.
Minister Rama Rao highlighted the abundant talent and innovative capacity harbored by the educated rural youth of the state. The vision of infusing the IT sector's growth into tier-2 and -3 towns is materializing with the launch of similar IT towers across the state.
Citing the 'Telangana model' of development, Rama Rao conveyed that the state has witnessed comprehensive, integrated, balanced, and inclusive growth, serving as a national exemplar. He stressed that along with a resurgence in the agricultural sector, IT exports have seen a significant uptick. At the same time, the state is progressively preserving the environment while experiencing an industrial boom.
In conclusion, the inauguration of the new IT tower in Siddipet, with 17 companies set to establish offices, marks a critical advancement in Telangana's strategic endeavor to decentralize IT sector growth. The move not only bolsters the local economy and employment but also underscores the state's balanced development approach, highlighting the transformative impact of technology in India's rural landscapes.
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