The IT hub, termed as the biggest innovation and incubation centre in the country, was launched by K.T. Rama Rao, the Telangana State IT and panchayat raj minister, on Tuesday. The IT hub is being developed by the state government in association with premier institutes like the ISB and IIIT. An MoU to that effect was signed on Tuesday.
“The IT hub will be an incubator of incubators, a kind of an umbrella organisation with several incubating projects under it,” said the minister.
Some of the premier institutes in the city already have incubation facilities, but the IT hub, being created by the state government, will be a world-class facility getting the premier institutes to work together.