Hyderabad: IT and Industries Minister K T Rama Rao on Thursday said Hyderabad was poised to emerge as the hub for creative work in the digital platform with the establishment of Image Towers in the State capital.
In an interview to CNBC TV 18 on the sidelines of the World Economic Forum meeting in Davos, the Minister, who spoke elaborately on the State government’s plans to give a major thrust to technology and innovation sector, cited the example of ‘Chota Bheem,’ the popular cartoon serial for children. “Chota Bheem is a home-grown cartoon show from Hyderabad. Then you have visual effects in films like Baahubali for which most of the work has been done in Hyderabad. The city has enough talent not just in VFX and multi-media but also in gaming, which was how the concept of IMAGE (Innovation in Multi-media, animation, gaming and entertainment) was conceived,” he said.
Pointing out that there are some truly world class companies based in Hyderabad, he said the question was how to put all these together and harness their potential. “The Image Towers, which is being constructed at a cost of Rs 1,200 crore under the PPP mode, will have 16 lakh sqft of office space. It will be up and running by 2021,” he said, and pointed out how it was being referred to as the new Charminar of Hyderabad since it has resemblance to the historic structure because of its four pillars.
“The Image Towers will be truly world class with common design spaces and common studies among other things. These facilities will be common to all the companies housed in the building and they wouldn’t have to invest on anything,” he said.
Rama Rao said that more importantly, Image Towers would focus on innovation in the sector so that it can have world class collaboration happening between Hollywood studios as well as studies elsewhere, directly with Hyderabad.
KTR gets rare recognition at Davos
Hyderabad: The ongoing World Economic Forum at Davos, invited Minister for Information Technology KT Rama Rao to attend ‘Informal Gathering of World Economic Leaders (IGWEL)’ meeting. The young leader attended the meeting titled ‘Keeping Pace -Technology Governance at Crossroads’ along with several world leaders.
The recognition is considered rare as only heads of governments and policy makers of the Central government receive an invite to the special gathering. KTR is the only leader from a State government who was invited for the coveted meeting. On the occasion, the World Economic Forum handed over a special badge for the State IT Minister.
The IGWEL creates a platform for all the top world leaders to informally discuss different issues. The World Economic Forum invited Prime Ministers and Ministers of different countries including Premiers of Serbia, Poland, and Estonia. Senior Ministers from Brazil, Singapore, Indonesia, Oman and Ethiopia and Botswana also attended the IGWEL.