Since its formation, Telangana, on account of its business-friendly and tech-supportive policies, has emerged as a leader in the country in the Information Technology (IT) and IT-enabled Services sector.
The biggest thrust to the IT sector, in general, and startups, in particular, came in January this year when Telangana threw open T-Hub 2.0, a massive 10-floor facility in Nanakramguda, that can accommodate 2,000 startups. Touted as the world’s largest innovation centre, it was inaugurated by Chief Minister K.Chandrasekhar Rao.
The massive facility marks what could be termed the second chapter in Telangana’s successful journey to become a leader in nurturing and fostering a robust and competitive startup ecosystem. According to Mr.Rao, who spoke at the inauguration, T-Hub was founded to attract talent from across the country and has impacted about 2,000 entrepreneurs and drew funding of $1.19 billion. It has engaged with scores of corporates and collaborated with government entities and agencies in its endeavour to provide support to startups and entrepreneurs.
