Hyderabad: Telangana government on Tuesday launched two policies – Policy on Internet of Things and Policy on E-Waste Management. Telangana IT Minister KT Rama Rao launched the policies at i-Telangana, an industry event.
The IoT policy objective envisages attracting investments worth Rs 10,000 crore and generate direct employment to 50,000 people in five years. It also wants to create five zones in Hyderabad, Warangal and Sircilla districts for deploying proof of concepts in the IoT products.
To achieve the objective, the government plans to take a 5-pillored approach – develop infrastructure to promote IoT products, promote manufacturing and procurement of IoT based solutions, provide support to startups in raising capital, create a ready-to-employ talent pool in the State and enter into partnerships and tie-ups to develop know-how.
The focus of IoT will be on smart city solutions, medical and health, logistics and agrii tech.
Speaking on the occasion, the minister said a new IT corridor is to be developed near Budvel on Hyderabad city outskrits.
The State had launched multiple sectoral policies last year including for open data, security and others have been yielding results.
The State is setting up T-Works, which will be a hardware prototyping centre. This will include facilities to prototype IoT tech – electronics section, rapid prototyping, metal, wood working, welding etc.
Min @KTRTRS formally inaugurated the i-Telangana 2017 event in Hyderabad @ficci_india along with @rnivruti @BVRMohanReddy & @barugaru pic.twitter.com/pz3td3P60H
— Min IT, Telangana (@MinIT_Telangana) October 10, 2017
Live streaming of i-Telangana event from HICC https://t.co/8ynVJI99Ct@ficci_india @KTRTRS @rnivruti @barugaru
— Min IT, Telangana (@MinIT_Telangana) October 10, 2017