<p>Hyderabad: Telangana IT and Industries Minister, Duddilla Sridhar Babu, has announced ambitious plans to establish two new IT parks in the suburbs of Hyderabad. Speaking at a high-level meeting held on Tuesday at the Secretariat with representatives from ‘Dew’ Software company, which has proposed an investment of Rs 100 crore, the minister emphasized the state’s commitment to foster IT growth.</p><p>“Hyderabad has emerged as a fast-growing IT hub, attracting significant investments from leading global companies. To sustain this momentum, we have decided to develop two additional IT parks, similar to HITEC City,” Sridhar Babu said.</p>.<p>He also made the announcement on X. </p>.Telangana Padma awards row: Centre overlooks recommendations from Congress government.<p>The minister revealed that a detailed study is underway to determine the optimal locations and the extent of land required for the new parks. “We are evaluating suitable areas in the city’s outskirts to ensure seamless connectivity and accessibility for employees and investors alike,” he added.</p><p><strong>State-of-the-art infrastructure</strong></p><p>The proposed IT parks will feature world-class infrastructure and essential amenities tailored for professionals. “We will provide all necessary facilities, including robust transport systems, ensuring employees can commute conveniently from any part of the city,” the minister assured.</p>.No PMAY houses for Telangana if Cong govt names scheme 'Indiramma': Union Minister Bandi Sanjay.<p>Acknowledging challenges faced by industries in acquiring land, Sridhar Babu announced plans for a dedicated land allocation policy. “Currently, there is no specific policy for allocating land to industries, which has caused difficulties for entrepreneurs. The new policy will allocate land based on the scale of investment and the number of jobs created,” he explained.</p><p>Welcoming the Rs 100 crore investment from Dew Software Company, the minister expressed confidence in its potential to boost employment opportunities. “This investment is a testament to Hyderabad’s growing stature as a preferred IT destination. Over the next five years, Dew Software will create job opportunities for 900 professionals,” he noted.</p><p>With these plans, Hyderabad continues to solidify its position as a beacon of innovation and technological advancement in India, he added.</p>
<p>Hyderabad: Telangana IT and Industries Minister, Duddilla Sridhar Babu, has announced ambitious plans to establish two new IT parks in the suburbs of Hyderabad. Speaking at a high-level meeting held on Tuesday at the Secretariat with representatives from ‘Dew’ Software company, which has proposed an investment of Rs 100 crore, the minister emphasized the state’s commitment to foster IT growth.</p><p>“Hyderabad has emerged as a fast-growing IT hub, attracting significant investments from leading global companies. To sustain this momentum, we have decided to develop two additional IT parks, similar to HITEC City,” Sridhar Babu said.</p>.<p>He also made the announcement on X. </p>.Telangana Padma awards row: Centre overlooks recommendations from Congress government.<p>The minister revealed that a detailed study is underway to determine the optimal locations and the extent of land required for the new parks. “We are evaluating suitable areas in the city’s outskirts to ensure seamless connectivity and accessibility for employees and investors alike,” he added.</p><p><strong>State-of-the-art infrastructure</strong></p><p>The proposed IT parks will feature world-class infrastructure and essential amenities tailored for professionals. “We will provide all necessary facilities, including robust transport systems, ensuring employees can commute conveniently from any part of the city,” the minister assured.</p>.No PMAY houses for Telangana if Cong govt names scheme 'Indiramma': Union Minister Bandi Sanjay.<p>Acknowledging challenges faced by industries in acquiring land, Sridhar Babu announced plans for a dedicated land allocation policy. “Currently, there is no specific policy for allocating land to industries, which has caused difficulties for entrepreneurs. The new policy will allocate land based on the scale of investment and the number of jobs created,” he explained.</p><p>Welcoming the Rs 100 crore investment from Dew Software Company, the minister expressed confidence in its potential to boost employment opportunities. “This investment is a testament to Hyderabad’s growing stature as a preferred IT destination. Over the next five years, Dew Software will create job opportunities for 900 professionals,” he noted.</p><p>With these plans, Hyderabad continues to solidify its position as a beacon of innovation and technological advancement in India, he added.</p>