IT Tower being set up in Karimnagar at a cost of Rs. 25 Crores

Minister for IT, KT Rama Rao laid the foundation stone for construction of IT Tower at Karimnagar on January 8, 2018. The construction will be completed within one year and provide plug and play facilities for IT companies.

Six MoUs have been signed on the day of Karimnagar IT Tower’s inception. In the first phase, 1000 direct employment opportunities will be created for the youngsters. To ensure youngsters from the state get employed, the government is attracting investments into IT and several allied sectors.

Minister KT Rama Rao addressed the gathering after laying the foundation stone for the IT Tower. “We will set up the regional center of TASK for job seekers and T-Hub for job creators in Karimnagar,” he said. He also added, “Our youngsters are second to none and I hope and believe that the next Googles, Facebooks, and WhatsApp’s will come out of India.”

Talking at the event, Minister KT Rama Rao said, “Telangana's GSDP growth rate is highest in the country. This was possible only due to the visionary leadership of CM Sri K. Chandrashekar Rao.”

The government will soon hold meetings with the NRIs from Telangana settled in other countries, requesting them to establish their companies in the state. Until now, most IT employment has been created in and around Hyderabad. Focusing on Tier 2 cities, the government is aggressively promoting Warangal, Khammam, Karimnagar, Mahbubnagar, and Nizamabad as IT hubs.

-Press note