“In the last five years, about 12,000 industries were set up in the State. We are taking all steps to provide employment opportunities to the local youth by setting up skill development centres in the districts. IT companies will also be set up in Karimnagar, Nizamabad, Mahabubnagar, Khammam and Nalgonda this year,” he added.
The Minister was speaking after inaugurating the campuses of Cyient and Tech Mahindra at the Madikonda IT SEZ here. Ministers Satyavathi Rathod, Errabelli Dayakar Rao, Etela Rajender and others participated in the functions.
“It is a momentous occasion for us that Cyient has set up this state-of-the-art campus that will benefit the talent pool of Warangal. It sends out a clear signal that Warangal is ready to partner with companies like Cyient to support their engagements with customers around the world. We thank Cyient for placing Warangal on the technology map,” Rama Rao said, adding that with this launch, the historic city of Warangal gets the largest development center, paving the way for the development of commercial and business infrastructure besides attracting IT and other investments.
Thanking the managements of Cyient and Tech Mahindra for coming forward to set up their campuses in Warangal, Rama Rao said the government was keen on establishing the Hyderabad-Warangal industrial corridor. “Warangal is not very far from Hyderabad. With IT majors like Cyient and Tech Mahindra setting up their units in Warangal, employment opportunities will open up for the youth in the city. Our endeavour is to ensure that the youth in the districts do not look to Hyderabad for jobs since the establishment of such IT industries coupled with skill development centres in Tier II cities will fetch them jobs in their own towns,” he said.
Pointing out that a textile park was also being set up in Warangal, the Minister said: “The works on the textile park would be expedited.” He also said that food processing units would be set up in rural areas of the State. “Skyways would be constructed between Warangal and Hyderabad. The industrial corridor would also be set up between Warangal and Hyderabad, while Yadadri would be the centre for spirituality,” he added.
The new state-of-the-art facility can accommodate 600 engineers on a total built-up area of around 60,000 sq. ft. The company is also constructing a second tower to accommodate an additional 200 engineers.
BVR Mohan Reddy, founder and Executive Chairman, Cyient, said: “It is a proud moment for Cyient to inaugurate Warangal’s largest development centre and partner in the growth story of this culturally rich city. The talent pool of Warangal will now have access to work opportunities with large, global customers. The addition of this centre to Cyient’s global operations will help spur the growth of its communication business.”
Government Chief Whip Dasyam Vinay Bhaskar, MPs Banda Prakash Pasunuri Dayakar, Mayor Gunda Prakash Rao, MLC Bodakunti Venkateswarlu, Pochampally Srinivas Reddy, MLA Aroori Ramesh and others were present.