Five IT parks to come up in, around Hyderabad

Finance Minister T Harish Rao said post Covid-19, many IT firms are expected to move to TS

Published: 11th August 2020 09:00 AM  |   Last Updated: 11th August 2020 09:00 AM   |  A+A-

By Express News Service

HYDERABAD: The Telangana government will set up five IT parks in and around Hyderabad as part of its GRID ( Growth in Dispersion) Policy, which was approved at a State Cabinet meeting recently. Explaining the policy at a webinar organised to mark the 46th foundation day of the Institute of Company Secretaries of India (ICSI), Hyderabad chapter, here on Monday, Finance Minister T Harish Rao said there has been significant growth in the registration of new industrial units in the State.

The transparent TS-iPASS industrial policy accorded approvals to over 11,570 industries, he said, adding that about 80 per cent of the companies had already started to function and have provided jobs to six lakh people.

“The State is witnessing steady growth in start-ups. The start-up ecosystem, including T-Hub and WE Hub, is strengthened by the entry of global co-working space providers. Also, the State is working on the second phase of T-Hub to boost the innovation ecosystem in the city. Post Covid-19, the industry is expecting many companies to relocate to Hyderabad and Telangana from China,” Harish said.

“Through initiatives such as the Kaleshwaram Lift Irrigation Scheme, Mission Bhagiratha and Mission Kakatiya, the State is creating a solid base for enhancing farmers’ income. It has become the rice bowl of India and has fulfilled its dream of bringing in one crore acres under cultivation,” Harish said.  ICSI-Hyderabad chairman CS Palvai Vikram Reddy and others participated in the webinar.


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp