Chief Minister Revanth Reddy said that Telangana has received new investments of Rs 3 lakh crore since December 2023 and created more than one lakh jobs. He said that Telangana is at the top in attracting investments domestically and internationally.
He inaugurated the new AI (Artificial Intelligence) Center of Sonata Software Company, which has expanded to the IT corridor and set up a new office in 2 lakh square feet at Vamsiram Suvarnadurg Tech Park in Nanakramguda. Speaking on the occasion, he said that Sonata Software is proud to create ecosystems using AI.
He said that Hyderabad metropolis has become a hub for GCC (Global Capability Center) in the software and life sciences sectors. He also said that Hyderabad has become a hub for AI-ready data centers and manufacturing sectors. He said that IT giants like Microsoft, Cognizant, HCL Tech, Infosys, and Wipro are expanding their campuses in Hyderabad.
Revanth Reddy said that a dry port is being built here to connect it with the sea port of Andhra Pradesh. He said that AI city, Young India Skills, sports universities, and integrated residential schools are being set up in the Future City. He said that it is a matter of pride for all of us that the Miss World competition, which is known as one of the greatest events in the world, is being held in Hyderabad. He said that the government is making plans to organize more world events in Telangana.
The Chief Minister said that economic development, investment, jobs, infrastructure and welfare are being balanced through the Telangana Rising initiative, and that he seeks everyone’s cooperation in growing into a trillion dollar economy and transforming Hyderabad into a great city.
He said that every company here should become brand ambassadors for Hyderabad and show our successes to the world. IT and Industries Minister Sridhar Babu said that his government’s goal is to make Telangana a world leader in emerging technologies like AI and machine learning. He said that efforts have already been started to make Telangana an AI leader.
Sridhar said that AI City has been launched and tech giants like Microsoft are showing interest in partnering in this city. He said that an AI University is going to be launched in June or July to produce world-class experts in AI. He said that the state government is working to integrate civil services with AI and bring it to the doorstep of the people. He announced that a digital university will be set up in association with Young India Skills University to provide skill training online as well.
