Hyderabad: IT and Industries Minister KT Rama Rao has assured member companies of ITServe Alliance, one of the largest association of IT Services, Staffing and Consulting organizations in the United States, that the Telangana government will provide them with a signature tower or land in Hyderabad.
The Minister said this during an interaction he had with ITServe Alliance at Santa Clara, California earlier this week.
According to a statement from ITServe Alliance, the meeting saw the Alliance president Satish Nannapaneni briefing the minister about the growth of the organization, and how ITServe member companies have diversified into products and services over the past few years.
Past President Ashok Chittiprolu gave a presentation on startup and incubation activities the members are taking up in Hyderabad, while Director of Chapter relations Sandeep Kilaru spoke about the challenges offshore companies are facing in India due to taxation and the need for office space for member companies in Hyderabad.
The minister, who appreciated how ITServe grew from a 150-member organization to 750 members in two years, said he would do his part in speaking to the Central government on double taxation. He also encouraged ITServe member companies to tap into the think force talent available in Hyderabad to grow and diversify their business. He concluded by informing them that he would allocate land or a signature tower in Hyderabad region for ITServe member companies.