17 Firms To Set Up Offices In New Siddipet It Tower, Real Estate News, ET RealEstate

June 23, 2023

<p>Representative Image</p>
Representative Image

HYDERABAD: The Telangana government’s strategy to galvanise IT sector growth in tier-2 and 3 cities of the state got yet another boost with the opening of a new IT tower in Siddipet on Thursday.

Telangana IT minister KT Rama Rao and health & finance minister T Harish Rao inaugurated new IT tower and handed over allotment letters to 17 companies for office space in building.

The four-storeyed IT tower has around 720 seats and can accommodate up to 1,440 techies on a two-shift basis.

Inaugurating the tower, KTR said not only has an office of the Telangana Academy of Skill and Knowledge (TASK) been established in the building to address gaps in employability skills, plans are also afoot to expand the IT tower and also set up a T-Hub centre there as part of efforts to boost the innovation ecosystem in Siddipet.

Pointing out that there is no dearth of talent and innovative spirit among educated rural youth, KTR said the state government’s vision of percolating IT sector growth to tier-2 and -3 towns is becoming a reality with the opening of more such IT towers across the state.

“These towns are now transforming into thriving IT hubs attracting top companies, fostering innovation, driving economic growth and creating more employment opportunities,” he said.

Talking about the Telangana model of development, KTR said the state has witnessed holistic, integrated, balanced, and inclusive growth, emerging as a role model for the country. “Alongside surge in agricultural sector, IT exports have also increased. The state is actively conserving the environment while witnessing a rise in number of industries,” he said.

  • Published On Jun 16, 2023 at 02:00 PM IST

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