T-Hub India’s largest incubator for startups collaborated with The Indian School of Business, The International Institute of Information Technology(IIIT-Hyderabad) and NALSAR university of law is delivering excellent outputs after it’s launch in November 2015 currently providing space for around 200 startups to work from this hub. On the first anniversary, Union Minister Ravi Shankar Prasad has visited the hub and said we should step forward in technology utilization.
IT minister KTR have explained vision and functions of T-Hub to Union Minister and announced the future plans of T-Hub. He said the government is going to start phase 2 of T-hub at GAME City, Hyderabad Knowledge City, Raidurg village, Hyderabad with an investment of Rs.175 crore which would be in an area of 3,00,000 sq ft whereas the previous one is 70,000 sq ft that are approximately 4 times larger than the current T-Hub. He also said that today’s entrepreneurs in today’s world are the biggest employment generators and we want to give wings to entrepreneurs dreams . The state government is looking at the Center’s support and also PPP(Public Private Partnership) models to execute it. Honorable Chief minister K Chandra Shekar Rao going to lay a foundation for phase 2 soon and it will start it’s functioning within three years.
Telangana IT secretary said that along with the second phase of T-Hub government of Telangana has an idea of starting T-Works by December 2016 which includes a lab for researching in Hardware, electronic manufacturing, and semiconductors.Government sources say that our state IT ministry is in touch with best universities like Massachusetts Institute of Technology (MIT) and University of Texas (Huston) for their support for the T-Hub. The startup incubator has already tied up with 20 venture capitalists.He also said that companies like Wipro, google ,amazon and Capgemini had expansion plans in the city.