Telangana IT Minister KTR says despite many apprehensions, Hyderabad has been successful in attracting the world's top companies such as Apple, Google, Amazon, Facebook, Microsoft.
HYDERABAD, Feb 18 (The CONNECT) – Expanding the IT hub from the west to north in Hyderabad, the Telangana Government has done the ground-breaking for the 6 lakh sq fe Gateway IT Park Kandlakoya in Medchal district in the suburbs.
The Park, which will be larger than the Cyber Towers of Madhapur, has been planned and designed the local people’s demand, said Telangana IT Minister K T Rama Rao.
On the logic behind the new location, he said the area has 35 Engineering Colleges, 50 Traditional Colleges, 30 MBA Colleges that produce 15,000 Engineering and 20,000 regular graduates every year.
There are Universities such as Malla Reddy and Mahindra located in this area. MMTS Railway station is close by. There is a good urban landscape, good connectivity. It is attached to the national highway, ORR (Outer Ring Road).
The Minister handed over space allocation letters to 90 companies such as A and AM Consultants Pvt. Ltd; A3 IT Solutions, Tutors Pride Edutech, Adsum Softek Originators and InfraBIM. These companies have booked space ranging from 1000 sq ft to 20,000 sq ft. Their areas of specialisations include 45 software development companies; 15 IT services and consulting companies; 4 Data Analytics; 4 HR Services; 3 Gaming and Animation; 3 IOT and 16 Emerging Technologies and Innovations. The companies from all over Hyderabad and USA are shifting to Kandlakoya IT Park.
When the TRS came into power eight ago, many people had apprehensions about the IT companies leaving the State and the new ones coming here. The city was, however, successful in attracting the world's top and most valued companies such as Apple, Google, Amazon, Facebook, Microsoft. It also attracted Uber, SalesForce and others. Amazon has its world's biggest campus here in Hyderabad, KTR told the audience.
He advised the youth to “Think like KCR, dream-like KCR” and narrated the success story of the CM and his father K. Chandrashekhar Rao who had won the 14 year long struggle for a separate Telangana.
KTR said Arun Mammen, VC & MD of MRF India decided to invest ₹1,000 Cr into expanding their facility and creating a new speciality assembly line at Sangareddy district. Mammen also offered ₹4Cr to the “Mana Ooru - Mana Badi” programme under the company’s CSR plan, KTR said.