Karimnagar: Within the next one year, Karimnagar will not only be a home for IT companies but would have startup ecosystem as T-Hub plans to establish its regional plug-and-play facility in the proposed IT Tower coming up on the banks of Lower Manair Dam on the city outskirts. The IT Tower will also house a regional centre of TASK (Telangana Academy of Skill and Knowledge) to provide skill development training to job seekers.
Laying the foundation for construction of the much-awaited IT Tower near Ujwala Park here on Monday, Information Technology and Industries Minister KT Rama Rao said the construction of the IT Tower will be completed within a year along with plug-and-play facilities for IT companies. On the occasion, six IT firms signed memoranda of understanding (MoUs) with the State government, evincing interest for setting up their units in the proposed IT Tower which is being constructed at a cost of Rs 25 crore.
“In the first phase, about 1,000 direct employment opportunities will be created for aspiring techies. To ensure that youngsters from the State get employed, the government is attracting investments into IT and allied sectors,” Rama Rao said. He promised to sanction a second IT Tower after completion of the proposed IT Tower. He suggested job seekers to become job creators and said students who come up with ideas for startups would be accommodated in regional centre of T-Hub which would be established in the proposed IT tower, while TASK would help the students get jobs by giving training in skill development.
High GSDP growth
The Minister said that Telangana’s GSDP growth rate was the highest in the country which was possible only due to the visionary leadership of Chief Minister K Chandrashekhar Rao. He announced that IT exports from Telangana had shot up from Rs 56,000 crore to Rs 87,000 crore in the last three and half years even as one lakh direct employment was created for youth during the corresponding period.
Pointing out that most IT employment was created in and around Hyderabad till recently, Rama Rao said the State government was now focusing on Tier-2 cities through promotion of Warangal, Khammam, Karimnagar, Mahabubnagar, and Nizamabad as IT hubs. He felt that youngsters from Telangana State were second to none and believed that the next Googles, Facebooks, and WhatsApps will come out of India. The government will soon hold meetings with the NRIs from Telangana settled in other countries, requesting them to establish their companies in the State. He promised to launch ‘SHE Shuttle’ bus services for women techies in Karimnagar.
On the occasion, the Minister laid foundation for Karimnagar City Renovation project to be taken up at an estimated expenditure of Rs 250 crore. He predicted rapid development of Karimnagar city after completion of the proposed Manair River Front project, cable suspension bridge and other developmental works. He promised to sanction Rs 20 crore for completion of pending works pertaining to underground drainage works in the city by ensuing summer.