IT K Taraka Rama Rao on Friday promised to create five lakh new jobs in the Telangana IT Sector in the next five years. Addressing a group of IT experts who called on him at the State Secretariat, KTR described Hyderabad as an established IT Hub and said it has huge potential for growth and expansion. He said a new IT policy would be framed to attract new investments in the sector.
He said that the TRS government was planning have a meeting with the industry bodies after the Assembly session to chalk out the future plans. The government also had plans to boost investments in pharma and Biotechnology sectors. Further, the application of IT in natural resources would also be worked out. Earlier, the Indian School of Business (ISB) on Friday hosted K Taraka Rama Rao, minister for Information Technology of Telangana, at its Hyderabad campus.
He was received by Ajit Rangnekar, dean, ISB and senior members of the faculty and management staff. Also present on the occasion was professor P J Narayanan, director of IIIT, Hyderabad. Interacting with them, the minister shared his plans for the growth of the Information Technology sector in the new State, particularly in the area of entrepreneurship and innovation, and expressed his keen desire to explore ways in which the government and ISB could collaborate to strengthen the overall ecosystem.
Ajit Rangnekar, dean, ISB, said, “We welcome the minister to the ISB and are appreciative of his interest in the school. The ISB has been working closely with successive governments and the industry in the state over the years, and contributing to its growth. Now with the birth of Telangana, we believe it is our responsibility to share our expertise and knowledge and partner with the government in contributing to the growth and development of the new State.” KTR told media later that the government would shortly come out with an industrial policy after the Assembly session. He said the TRS would like to have very cordial and friendly relations with the Centre.