Telangana plans to setup IT Hub in Nizamabad

Nizamabad, Sept 18: The Telangana Government has decided on Sunday to set up an Information Technology hub in Nizamabad district.

The Govt will spend Rs.25 crore on creating the necessary infrastructure in the IT hub which will also consist of an incubation center.

The Telangana State Industrial Infrastructure Corporation would be entrusted with the task of creating the necessary facilities for interested companies that come forward to set up their ventures in the proposed hub.

The IT hub at Nizamabad has been proposed as part of the State Government's efforts to take the industry to two-tier cities and it follows the permission accorded for setting up of IT towers at Warangal, Khammam and Karimnagar cities.

The State Government has received letters of intent from more than 60 entrepreneurs, both local and from abroad, for setting up their ventures at Nizamabad.

Nizamabad MP Kalvakuntla Kavita, accompanied by local MLA Ganesh Gupta handed over the letters of intent to IT Minister KT. Rama Rao on Sunday.

He said that Nizamabad, located at about 150 km from the State capital, had effective connectivity in terms of roads and railways. This was in addition to the several engineering colleges that had been functioning in the district.