KTR lays foundation stone for IT Tower in Malakpet, Hyderabad.

In Hyderabad, Telangana IT and Industries Minister K T Rama Rao marked a significant occasion by laying the foundation stone for the IT Tower located in Malakpet. This event was attended by prominent figures, including All India Majlis-e-Ittehadul Muslimeen (AIMIM) President and Hyderabad MP Asaduddin Owaisi, and Malakpet MLA Ahmed bin Abdullah Balala.

Thank you for reading this post, don't forget to subscribe!

During his address at the ceremony, Minister K T Rama Rao pledged to complete the IT Tower project in Malakpet within a timeframe of 36 months. He expressed his unwavering confidence in the upcoming Assembly polls in Telangana, asserting that the BRS government would secure victory once again. Minister Rao also highlighted the prevailing peace under the BRS government compared to past instances of unrest during festivals like Ganesh Visarjan and Milad un Nabi.

Acknowledging the Ganga-Jamuni Tehzeeb, he commended the Muslim community of Hyderabad for their cooperation in postponing the Milad un Nabi procession during Ganesh Visarjan.

Regarding the IT Tower project in Malakpet, it was disclosed that 11 acres of land had been allocated for its development, encompassing both IT and non-IT spaces and expected to generate 20-25 thousand jobs. Additionally, a skywalk from Malakpet Metro Station to the IT park was promised.

Minister K T Rama Rao proudly shared statistics indicating Hyderabad’s lead in technology job creation, surpassing Bengaluru for the past two years. According to the NASCOM report, Hyderabad accounted for 33 percent of the total technology jobs in India in the previous year, which has now increased to 44 percent in the current year.

The IT Tower project in Malakpet, with an allocation of Rs 700 crore, is a pivotal component of the Telangana government’s strategy to distribute the growth of the IT sector across the state.

Leave a Comment

Your email address will not be published. Required fields are marked *

Amazon India Today's Deals

Scroll to Top