It is not just Hyderabad, even tier-II cities in the State such as Mahabubnagar are attracting substantial investments in the IT sector, said IT and Industries Minister KT Rama Rao, on Thursday.
In a boost to the IT infrastructure in the State, the government is now planning to give administrative sanctions for construction of the Mahabubnagar IT Tower, said Rao.
The Minister, along with Mahabubnagar legislator Srinivas Goud, handed over approval certificates to 18 IT companies that had come forward to set up a unit in the area. The Minister said now top-notch companies were evincing interest to expand their business in tier-II cities of the State.
“Companies are coming forward to set up their units after the Telangana government announced its new IT Policy, which offers many benefits to entrepreneurs,” said Rao.
Goud explained that to attract more IT investment to the district, a delegation would visit the United States. Earlier there were visits from officials and legislators from Nizamabad, Warangal, and Karimnagar. With the huge IT investments coming to the district, unemployed youth would get opportunities, he said.