We are opening IT towers in Khammam, Nizamabad and Mahabubnagar later this year: KTR

IT companies setting up offices towards Uppal, Pocharam in the eastern, Kompally in the north and Shamshabad in the southern part of the city will get a slew of benefits including 30 per cent rental rebate for the SMEs. The companies with more than 500 employees in the Growth in Dispersion (GRID) regions will get a custom incentive package under the GRID policy, said IT and Industries Minister KT Rama Rao.

“We are doing the ground breaking for the Kompally tower next week. And we already have more than 200 SMEs interested in taking space here. We will also be opening a new cluster in Kollur in the north west part of the city. This is to disperse the IT around the city,” he said.

Speaking at an awards function organised by industry body Hysea, he said the State has opened IT towers in Karimnagar and are running to full capacity. There is already demand for phase II.

“We are opening towers in Khammam, Nizamabad, and Mahabubnagar later this year. Our IT tower in Warangal is running to full capacity. Cyient has a modern facility there. Tech



Mahindra is utilising Government incubation space and will soon expand to their own facility,” he said.

“Even though the work from home is in vogue now, we believe that campuses and workplaces are there to stay in the long-run,” he said while talking about the impact due to Covid.

“Too many things have happened this year and as we speak we do not know who the American President is. The Covid has affected all of us directly and indirectly. Government, individuals, institutions and everybody has been impacted. There are people who have lost their lives, there are people who have lost their livelihoods and there are many instances where the misfortune of millions of people has been highlighted. 

We all remember the millions of migrant labour walking on the national highways during this year. I can say this has been an emotional year. The State finances have gone dry. There was tremendous pressure on the healthcare systems in the State to tackle the situation,” he said.