Hyderabad: Telangana Government set all for soft launch of T-Hub, the incubation facility for start-ups in Hyderabad on October 1st, 2015.
Telangana government is planning to hold soft launch of T-Hub the incubation center for start-ups in Hyderabad on October 1. It was confirmed by the Jayesh Ranjan, secretary of IT&C Department, Telangana after inaugurating 10th edition of IT Asia 2015 on Thursday.
As per sources, the country’s largest start-up incubator T-Hub will have a soft launch with 50 start-ups on October 1 at IIT Hyderabad. Earlier the inauguration of centre was scheduled for September 7th later it was postponed due to non-availability of chief guest and Tata Sons Chairman Emeritus Ratan Tata. Now the state government is going to organise soft-launch before going for full-fledged inaugurating at a later date.
As per sources, after the soft launch of T-Hub, immediately start-ups will start operation from the centre. The incubation center is also encourages start-ups in electronics and hardware space. As per reports companies from Taiwan and China are showing interest in setting up an electronics park in Telangana and companies from these two countries and others will establish park here.
Telangana government has allocated 1,50,000 acres for industrial development at Hyderabad and surrounding areas and it announced several incentives to attract manufacturing. The state government is also giving the assurance to provide skilled manpower to industry.
Meanwhile the three-day IT Asia 2015 show is bringing IT companies, industry bodies and government departments which are associated with electronics and hardware sector, together.