 "Telangana govt sets up IT incubation centre in Warangal")
The Telangana government on Friday opened an IT Incubation centre at Warangal, an emerging Tier-II IT location in the state, to enable start-ups, micro, small and medium IT companies to operate in a plug-and-play environment.
Inaugurated by IT, panchayat raj and municipal administration and urban development minister KT Rama Rao, the two-acre incubation centre has a built-up area of 15,000 square feet with a capacity of 45 workspaces. The centre will provide direct and indirect employment to 1,000 youth of Warangal.
"In order to make Warangal an attractive destination for the IT companies to come, set up and grow their operations, the state government has taken many pro-active initiatives including developing an IT SEZ in an area of 45 acre," Rao said.
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With Hyderabad as a role model, other cities like Warangal, Karimnagar and Khammam are being developed as Tier-II IT hubs, he said, adding the government was offering special incentives to IT companies to expand their business operations and move to such locations.
According to the minister, his government would offer specific incentives, including power subsidy, reimbursement of stamp duty and registration fee, patent filing costs, allotment of government land and reimbursement of municipal taxes, to further promote Tier-II IT locations.