Minister for IT and Industries D. Sridhar Babu
| Photo Credit: NAGARA GOPAL
With its robust infrastructure and rich pool of skilled human resources Hyderabad is poised to emerge as a global hub for the Artificial Intelligence (AI) sector and global capability centres (GCCs), Minister for Industries and IT D. Sridhar Babu said here on Tuesday.
“Hyderabad already hosts GCCs of global giants in the IT, Healthcare and Life Sciences sectors. Our vision is to bring the essence of Silicon Valley to Hyderabad… committed to create a conducive environment for research and development, which is crucial for future growth,” he said.
The Minister, who was speaking at the signing of a bilateral trade partnership agreement between the US-India Business Council (USIBC) and Telangana government, highlighted the government’s proactive measures to establish a world-class ecosystem for setting up GCCs and for industries such as aerospace, defence, power, banking, digital payments and industrial manufacturing.
Inviting global investments and partnerships, he urged the US-India Business Council to introduce Telangana to American businesses and facilitate further investments in the State. He said the State government will be setting up an AI City across 200 acres, as a measure to position Telangana ahead of other States in the country.
US Consul General Jennifer Larson, Telangana Special Chief Secretary-IT and Industries Jayesh Ranjan, USIBC managing director Rahul Sharma, senior director Aditya Kaushik and other participated, a release from the Minister’s office said.
Published – December 10, 2024 09:44 pm IST
