Telangana as an innovation hub

  • November 28, 2021 12:14 pm

Krishna bhaskar, Director, Department of Industries, said that Telangana has become an innovation hub for the country and a capital for startups.  He said Telangana was proud that four startups belonging to T-Hub had made it to the Forbes list.  He was speaking at a conference organized by the state government-Confederation of Indian Industry (CII) at the ITC Kakatiya Hotel. Industries are being set up in Karimnagar, Warangal, Khammam.  He explained that rents for commercial buildings here are 33 per cent lower than in other cities in the country.  It was informed that an industrial health clinic has been set up to restore the sick industries.  He said that T fiber would fulfill the goal of Digital Telangana.  It will provide internet access to 83.58 lakh people in rural areas.  Former CII president Rajanna said that besides giving priority to new investments in EVODB, it also wanted to include the expansion of existing companies here.  He explained that there was no power crisis in the state and many companies were expanding in Hyderabad even during the Corona period.  Satish Reddy, former chairman of CII Southern Region, said that the investment in life sciences is expected to reach $ 120 billion by 2030.  He said that there are wonderful opportunities for the life sciences sector in Telangana. Telangana government policies are good, there is a positive atmosphere and talented students are  available, he added.


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