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Telangana IT policy will unveil on April 4

Thu 31 Mar 2016, 12:02:58
To achieve the no.1 position in the information technology industry in the country, Telangana will unveil its IT policy on April 4.
The state government will also announce policies for four specific sectors — innovation, rural technology, electronics and GAME (gaming, animation, media and entertainment).
Chief Minister K. Chandrasekhar Rao will unveil the policies in the presence of Infosys co-founder N.R. Narayana Murthy and several IT industry luminaries from India and abroad.
The state government expects some MoUs to be signed with various companies, planning to invest in the state.
Talking to reporters on the sidelines of an event where he laid foundation stone for global e-commerce giant Amazon’s India campus here, IT minister K.T. Rama Rao said the IT policy will be most progressive and best in the country.
This will be Amazon’s biggest campus outside the US.
Rama Rao



said the policy will provide all necessary support and incentives required to give impetus to the sector to not only sustain the growth in Hyderabad but tap the next wave of growth. He pointed out that during last one year Hyderabad registered rapid growth in IT exports, which stood at Rs.65,000 crore. He said Hyderabad grew at 16 percent against the national average of 13 percent.
Rama Rao, who is son of the chief minister, said Hyderabad attracted investment by many companies last year. More than 50,000 jobs were added in the sector while there was indirect employment for 2.5 lakh people.
He said Google will lay the foundation stone in May for its campus in Hyderabad, which will also be the biggest outside the US.
He pointed out that Microsoft and Facebook also have their largest operations outside the US in Hyderabad. “It’s an indication of the bright future the city has in IT,” he said.

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