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Hyderabad developing into innovation center: KTR

Sat, Sep 03, 2016, 07:32 PM
Hyderabad, Sept.3: IT and Industries Minister KT Rama Rao today said that Hyderabad is developing as an innovation centre.

Inaugurating a start-up conference on August Fest at JRC Convention Center here on Saturday, KTR said the government is all set to encourage the start-up companies. The minister maintained that the August Fest provides a better opportunity for start-up companies to explore new ideas. The State government has already launched T-Hub Incubator to encourage the startup companies in a big way, he said.

The IT Minister also claimed that more than 30 IT companies were roped into Hyderabad in the recent past. Stating that Hyderabad has abundant facilities and infrastructure for IT companies, KTR said information about startup companies was available here.

The State government will extend all support to the companies, startups entrepreneurs to set up their business in the State and Hyderabad, he said. The minister also asked the startup companies to come with new and T-Hub is a good platform for those coming with innovative ideas.

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