Telangana govt to lay foundation stone for Khammam IT Hub on June 15

The IT Hub is being built to facilitate IT-enabled back office operations and create employment opportunities for local engineering graduates.
Telangana govt to lay foundation stone for Khammam IT Hub on June 15
Telangana govt to lay foundation stone for Khammam IT Hub on June 15
Written by:

The state of Telangana announced last year that it will be building an IT Hub in Khammam to promote IT in Tier 2 cities.

The IT Ministry of Telangana has now announced that the foundation stone for the Khammam IT Hub building will be laid on June 15 by IT Minister KT Rama Rao.

In a tweet the IT Ministry announced “In continuation of efforts to promote IT in Tier 2 cities, Minister @KTRTRS will lay foundation stone for Khammam IT Hub building on June 15.”

According to a report by Hans India, an IT Hub will also be established.  The government is planning an IT tower across an area of 25,000 sft. It will be investing Rs 12.5 crore for the same.

The IT Hub is expected to come up near the Industrial Estate in the town to facilitate IT-enabled back office operations and create employment opportunities for the local engineering graduates, Minister for IT and Municipal Administration K T Rama Rao said unveiling the proposal last year.

According to the Hindu’s report, the government wants to harness IT as a tool for accelerated socio-economic development of the state.

The IT Hub is expected to come up within two years and open up new job opportunities for the engineering graduates and promote entrepreneurship in Khammam.

1,500 to 2,000 jobs are expected to be created in the first phase of the IT hub.

During the release of its annual report on June 1, KTR said that the Telangana government’s aim is to create more than 400,000 jobs in direct employment and about two million more through indirect employment in the ITeS sector by 2020.

He added that the state government was also encouraging IT/ITeS companies to spread across tier two and tier three locations in districts like Warangal and Khammam.

“We are also looking to promote electronic manufacturing. Out of the 3,300 acres identified by the Government of India for that, 900 acres is in the Shamshabad and Maheswaram areas outside Hyderabad,” he said.

The government has been aggressively pushing for the growth of the IT Industry and has been promoting innovation in the state. It also launched its own mobile wallet called T-Wallet that can be used for both government and private transactions in the state.

After launching one of India’s largest incubation centres T-Hub, it is also in the process of launching the second phase of T-Hub, which will be spread across three lakh square feet space as against the first phase, which is spread across 70,000 square feet.

Image: Telangana IT Ministry Twitter handle

Related Stories

No stories found.
The News Minute
www.thenewsminute.com