T-Hub reflects the new phase of India: Ratan Tata
T-Hub, India’s largest incubator for startups was formally launched by E. S. L. Narasimhan, Governor of Telangana and Andhra Pradesh, and Mr. Ratan Tata, Chairman Emeritus of Tata Sons.
K. T. Rama Rao, Minister for Panchayat Raj and Information Technology (IT), Government of Telangana, who is the brains behind T-Hub, Chief Secretary of Telangana, Dr. Rajiv Sharma, Nasscom Chairman Sri B.V.R. Mohan Reddy, Sri. Jayesh Ranjan IAS, Secretary ITE & C Department, and other industry leaders, senior executives, venture capitalists and entrepreneurs graced the occasion.
T-Hub is a unique public/private partnership between the Government of Telangana, 3 of India’s premier academic institutes (IIIT-H, ISB & NALSAR) and key private sector leaders, and stands at the intersection of the start-up, academic, corporate, research and government sectors.Mr. Ratan Tata spoke about the opportunities that today’s youth in India have. Unlike earlier times when a young person with an idea would need to get approval from multiple levels of management. These days there were no such constraints. Additionally, ideas these days are not in the traditional industries which require a lot of capital and time to scale and sustain.
Governor E. S. L. Narasimhan, spoke about the importance of support, nurture and guidance for early stage ideas to flourish. Quoting from a Robert Frost poem, he spoke about how an environment like T-Hub could create multiple start-ups.
The government of Telangana is anchoring the entire Telangana start-up ecosystem with India’s largest building dedicated entirely to entrepreneurs, a state-of-the-art 70,000 square foot building called Catalyst. Located on the IIIT-H Campus, the sprawling world-class building will bring the Hyderabad start-up community together by providing a platform for entrepreneurs, mentors, investors and academia to interact and collaborate. By connecting start-ups to top mentors, investors, organizations and academia, T-Hub will help every entrepreneur realize their dream.
At the launch Sri K. T. Rama Rao, Hon’ble Minister for Panchayat Raj and IT, explained, “This is the place where an entrepreneur can walk in with an idea and walk out with a product, irrespective of him/her being from Meerut or Lucknow or Ranchi.” He also spoke about how product innovation would be very important for India to truly progress. T-Hub’s independence, coupled with the scope of the mission to drive economic and socialprosperity through entrepreneurship, make T-Hub a unique global asset for Hyderabad, the stateof Telangana and for India. Together, this shall fuel Hyderabad’s rise to become one of the top tech start-up cities in the world.