T-Works, the prototyping hub launched by the Telangana government to promote startups in the state in the field of electronics, and mechanics will become operational by April 2019, Jayesh Ranjan, IT secretary of Telangana told reporters last week. T-Works is a facility that is spread over 70,000 square feet to start with and may be expanded later. The facility will be able to accommodate 500 people who have ideas to innovate products or processes and they will be provided with the equipment to carry out their work.
T-Works is a joint venture with the state government of Telangana, pitching in with an investment of Rs 60 crore ($8.22 million) and companies such as Microsoft, Qualcomm, Dassault. There are 30 companies in all who will be part of this initiative to promote talent and innovation at one centralized locality. The government hopes to expand this facility to 250,000 square feet and to take in 1500 to 2000 participants.
A special purpose vehicle has been setup with a CEO to manage T-Works. A nominal fee may be charged from innovators and entrepreneurs for using the equipment to be installed in the facility. And a separate section will be created for students who wish to tinker with technology in their own way and come up with something innovative. There’s a proposal to take on board mentors who can offer their expertise to the participants in this startups-promotion project.
Telangana has been projecting itself as a forward-looking state and tries to position Hyderabad as the alternate IT destination to Bangalore. Some top companies like Facebook and Google have already set shops there and there is a Blockchain District created within Hyderabad to promote this latest technology.
Elsewhere, the state government has allocated funds to the tune of Rs 2,000 crore as seed fund to aid startups within the state. It’s called T-Fund and has been launched in collaboration with T-Hub.