Hyderabad: The world is on the threshold of a fourth industrial revolution or digital revolution, and India should be well prepared to make the best use of the opportunity by leveraging the demographic dividend arising out of about 50 per cent of the population below 27 years, IT and Industries Minister KT Rama Rao said on Monday.
Besides promoting 14 priority sectors, the State government was keen on expanding IT companies to create at least 50,000 IT jobs in Tier-II cities of Telangana State, he said.
“Nanotechnologies, 3D printing, data analytics, quantum computing, energy storage and others, are all part of the digital revolution. The State government will make all efforts to grab the opportunity and attract investments to the State,” he said. Telangana will soon establish a separate wing for emerging technologies.
Replying to a short discussion on ‘Progress of IT and Industries in the State’ in the State Assembly here, Rama Rao said only inclusive and integrated growth can be considered as real growth. He emphasised the need for adopting the 3i mantra of innovation, infrastructure and inclusive growth for a strong and new India. He said several statistical reports by the Central government, as well as the Reserve Bank of India and NITI Aayog, stand testimony to the State’s progress in various sectors. He pointed out that the novel initiatives of the Telangana government were being replicated by Central and other State governments.
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