KTR invites Indian-origin entrepreneurs to invest in Telangana’s Tier-2 cities

BRS working president K.T. Rama Rao emphasised that collaboration between governments and IT companies is crucial for India’s youth to compete in the AI sector. He urged IT entrepreneurs of Indian origin to establish their companies in India, particularly in Tier-2 cities.

During his visit to the USA, KTR met with representatives of IT companies in Dallas, highlighting the potential for small and medium-sized IT companies to establish offshore centres in India. He noted that the post-COVID era has demonstrated that work can be done for any company from anywhere in the world.

KTR pointed out that during BRS’s nine-year rule, the IT industry was extended to Tier-2 cities in Telangana. “The government established IT hubs in 10 such cities, offering rent-free facilities in the first year, plug-and-play infrastructure and various incentives,” he added.

The former IT minister emphasized that while multinational giants like Amazon and Google may not relocate to Tier-2 cities, small and medium-sized IT companies can. He highlighted the vast opportunities in India’s Tier-2 cities, which have good rail and road connectivity, predicting remarkable developments in the next two decades.

However, several IT company representatives noted that the growth of the IT industry in Telangana has slowed down.

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