Government Ready to Permit NRI's to Set Up IT Tower Units in Telangana

The Telangana government set up an Information technology office building at Karimnagar in order to introduce the IT industry to tier 2 state cities to provide employment opportunities to local talent.

Telangana Lays Red Carpet for NRI Investors

Minister for IT and industry, KT Rama Rao, proposed NRIs to set up building units in the Karimnagar IT Tower and ensured that the State Government would support them. Also, special incentives will be provided to those seeking operations in Karimnagar and other places. This will enhance employment and allow people to live closer to their homes.

In addition, the state government is looking at the issue of making more land into use, attempts are being made to bring IT to tier 2 cities, and the state has already achieved success in taking it to Warangal, Nizamabad, Khammam and now Karimnagar. The new IT Tower covers approximately 83,000 square feet, and already around 15 companies have access to space. The salaries here vary between Rs 15,000 and Rs 60,000.

Also, the planning is made to launch a regional office of TASK at the IT Tower and T-Hub’s regional centre to support the youth. The premier skilling institute has approximately 40,000 young people in digital technologies. It also trained many people from Telangana in Tizen, mobile phone maker Samsung’s new operating system.

IT is not only intended for Hyderabad but that the officials would have to take the steps needed to make the technology accessible for smaller towns and cities. Institutions like TASK contribute to bridging the gap between academia and industry. It now operates in Karimnagar, Adilabad, Warangal, Rangareddy and Hyderabad. The government has initiated the Rural Technology Policy to drive technology across the state.

The established IT towers would provide many employment opportunities and improve residential property investments in Telangana.

By: Shailaja K