Hyderabad city will soon have the world’s biggest pharma cluster – pharma city and works on 19,000 acres are underway.
The IT and Industries minister Mr KTR was taking part in the CII Southern Regional Council meeting here. He said Telangana has been making rapid strides in the development of all sectors. The state government had come up with the 3i principle – innovation, infrastructure, and inclusivity.
The TSiPASS rolled out by the Telangana government had opened floodgates for investment. It helped secure permissions within 15 days for setting up any unity. With the policy, the state could attract an investment of Rs 2.83 lakh crore that helped provide 16 lakh jobs in various sectors so far.
The state has the biggest incubator T Hub and prototyping centre T works.
Mr KTR listed out other initiatives taken by the Telangana government over the years in attracting the IT global giants to Hyderabad city. The city now turned into the most sought-after place for all professionals from across the globe particularly those living in other cities in the country.
By Gollapudi Srinivasa Rao