Nizamabad, Sept 18: Telangana Government had taken steps to set up an Information Technology hub at Nizamabad district.
The Government will spend Rs.25 crore on infrastructure in the IT hub which will also have an incubation center.
The Telangana Industrial Infrastructure Corporation will be forwarded with the task of creating the necessary facilities for interested companies to set up their ventures.
The IT hub at Nizamabad has been proposed as part of the State Government's efforts to take the industry to two-tier cities and it follows the permission accorded for setting up of IT towers at Warangal, Khammam and Karimnagar cities.
The State Government has received letters from more than 60 entrepreneurs, both local and from abroad, for setting up their ventures at Nizamabad.
MP Kalvakuntla Kavita, accompanied by local MLA Ganesh Gupta handed over the letters of intent to IT Minister KT. Rama Rao on Sunday.
He said that Nizamabad, located at about 150 km from the State capital, had effective connectivity in terms of roads and railways. This was in addition to the several engineering colleges that had been functioning in the district.