On Saturday, Telangana CM urged Rs.165 crore sanctioned for creating an Information Technology Investment Region in Hyderabad. He asked this when he met with Minister of Communications and Information Technology Ravi Shankar Prasad.
A positive responds from the union minister advised the state government to send a formal request to his ministry.
The government has identified area of 202 sq.kms i,e; 49,913 acres in and around Hyderabad for set up to promote investment in Information Technology (IT)/IT Enabled Services (ITES) and electronic hardware sector.
The total investment of about Rs. 2,19,440 crores in which the IT/ITES sector will account for Rs. 1,18,355 crores and the Electronic Hardware Manufacturing sector Rs. 1,01,085 crores. The Centre has approved Rs. 3,275 crores.
KCR said to minister that he want to expand and set up facilities for education and health in ITIR.
Prasad appreciated the state government for its new industrial policy and said that Hyderabad is a place of excellence. IT minister K.T. Rama Rao, Chief Secretary Rajiv Sharma and others were also present.