Hyderabad will be startup capital of India: KCR


Rama Krishna Sangem

Telangana Chief Minister K Chandrasekhar Rao (KCR) on June 28, Tuesday said that Hyderabad will soon become the startups capital of India. He formally declared inaugurated the second phase of T-Hub 2.0 in the city and spoke on the occasion. “Startups are going to lead the industrial revolution all over the world and I am happy that T-Hub, a center of innovation would be major destination for entrepreneurs from all over the world,” said the CM.

The opening of T Hub 2.0 was a grand gala occasion for the IT department of Telangana government. Led by IT minister KT Rama Rao (KTR), the officials have conducted a massive function right from 10 am to 6 pm, when the CM opened the incubation hub. After that, the guests were treated with a gala dinner. A galaxy of entrepreneurs mostly from IT and software fields turned up for the meet.

CM KCR who read out a prepared text said that Hyderabad is a wonderful city not only for India, but for the entire world, thus signalling the aspirations of KTR who always maintains that the capital of Telangana would soon become one of the top cities in the world. Expansion of infrastructure and proactive government are contributing to the growth of IT sector since 2014.

CM KCR, at the same time, asked the officials especially his son and IT minister KTR to improve infrastructure facilities around the IT concentrated areas in the west of Hyderabad city. The CM also told  the officials to focus on the poor quality of college pass outs and tone up the pro-business policies. “Leading IT industrialists BVR Mohan Reddy recently told me that the academic standards of software professionals from our colleges is not good,” said KCR.

The second phase of T Hub, spread over 3.14 acres and with a capacity to accommodate around 2,000 startups at a time, this modern 11 floored building is tipped to be the  world’s largest innovation center. This extension of the T Hub, which came up on an built up area of 5,82,000 sq ft and a carpet area of 3,62,000 sq ft is the home for global entrepreneurs working in innovation areas like artificial intelligence, cloud computing, robotics, and machine learning etc,

KCR in his brief speech recalled how he had decided to encourage innovation and and entrepreneurship in Telangana and commenced T Hub first phase in 2015. “We want Telangana to be known as the startup state of India. Our state’s startup ecosystem is valued as among the top 10 global ecosystems in affordable talent. It is among the top 15 startup ecosystems across Asia in attracting funds,” said the CM.

Rama Krishna Sangem

Ramakrishna chief editor of excel India online magazine and website

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Rama Krishna Sangem

Excel India national news magazine is a media startup founded and piloted by Rama Krishna Sangem, a Hyderabad based senior journalist with over three decade experience in the field of media, mostly in print journalism. His rich experience in reporting for both Telugu and English newspapers and heading a TV news channel and some online outfits will be of immense use to this venture. Excel India English news magazine seeks to fill the gap of analytical understanding to our readers who today are confronted with myriad media platforms. Our online version not only offers regular updates and commentary on happenings around us, but also gives larger stories not limited by space constraints of a print magazine. Excel India is ably run by a team of senior journalists committed to values and quality standards in the profession. We urge you all to support and guide us in this endeavour. Reach us at excelindiaweb123@gmail.com