HYDERABAD: The Telangana Government said that it is in the process of setting up two Information
Technology clusters and was in talks with IT firms in this regard.
According to an official release issued last night, the state government said it is in discussions with
as many as 30 IT firms, including multinationals, to convince them to set up their operations in the
proposed IT clusters.
Officials said that the two IT clusters could create employment opportunities for about 1.25 lakh
Telangana IT and Industries Minister KT Rama Rao who visited Budvel and Rajendranagar where the
clusters are expected to come up said Chief Minister K Chandrasekhar Rao will soon lay the foundation
stones for the projects.
“I cannot reveal the details of the companies which are going to come up in the clusters. We will be signing
MoUs with them soon,” the release quoted Rama Rao as saying.
The companies are expected to commence operations within five years from signing the MoU, he added.