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KTR pitches India's IT potential, urges global firms to invest in tier-2 cities

KTR pitches India's IT potential, urges global firms to invest in tier-2 cities

Time of India2 days ago

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Hyderabad: BRS working president KT Rama Rao has urged greater collaboration between govts and tech firms to harness India's youth potential in the Artificial Intelligence (AI) space.
During his US visit, KTR met IT leaders in Dallas and highlighted India's readiness to host offshore centres, especially from small and mid-sized firms.
"AI will define the future. We must equip our youth and create ecosystems to make India a global talent hub," he said. Recalling Hyderabad's transformation under the BRS govt, he noted: "In 2014, Hyderabad had 3.2 lakh IT jobs. By the time we left office, it had grown to 10 lakh.
Companies like Amazon and Google built their biggest campuses outside the US here."
He said the BRS govt promoted IT growth beyond Hyderabad, creating hubs in 10 tier-2 cities such as Khammam, Mahbubnagar, Nalgonda, Siddipet, Nizamabad, and Adilabad. "Firms like NTT Data are thriving in Adilabad with 500 professionals. We offered rent-free spaces, incentives, and plug-and-play infrastructure," he said.
KTR emphasised the need for infrastructure to unlock regional potential. "As former US President John F. Kennedy said, America got rich by building highways. India must invest similarly," he added, appealing to NRIs and investors to back the country's next growth phase.

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