The Ground Breaking Ceremony has been held for a New IT Park at North Part of the City at Kandlakolya Village in the state of Telengana. K.T. Rama Rao did the Bhoomi Puja of Gateway IT Park Kandlakoya and allotted letters to nearly 90 companies with 6,04,200 sq. ft area and 8516 employees.
K.T. Rama Rao addressed a massive gathering of students and entrepreneurs in the audience immediately after the Bhoomi Puja of Gateway IT Park Kandlakoya. After the groundbreaking ceremony, KTR also unveiled a plaque to mark the occasion. KT Rama Rao also unveiled the logo of KITEA–Kompally IT Entrepreneurs Association.
As part of the growth strategy in dispersion (GRID) across the state, a new IT park at Kandlakoya junction on ORR has been conceptualized as a gateway to Hyderabad. I am happy to lay the foundation today on the birthday of a Living Legend Telangana CM Sri KCR Garu, he announced.
The Park which has only 5 lakh sqft capacity, got the demand for 6, 04, 200 sft space which is already booked. The Cyber Towers at Madhapur which was inaugurated in 1998 has 5.25 lakh sqft, but Gateway IT Park Kandlakoya has 6 lakh sqft. That means, it is bigger than Cyber Towers, KT Rama Rao told the packed audience. Speaking why they chose to inaugurate it on the birthday of Chief Minister KCR, explained at length the journey of CM KCR, his struggle and achievement, he said and explained the journey as above. He then reminded the audience of a well-known quotation in boxing “It’s not about how hard you hit. It’s about how hard you can get hit and keep moving forward. How much you can take and keep moving forward”, that matters he said in real life too and that is what KCR has done.”
The IT in the city is mostly focused in the West part of the city. We want it to grow in every other part of the city. Kandlakoya Village is the most suitable place to open a new IT park. The reasons, KT Rama Rao explained are, the area has 35 Engineering Colleges, 50 Traditional Colleges, 30 MBA Colleges that produce 15000 Engineering and 20,000 regular graduates. It will help more to get new jobs. It is only the beginning and so much is in the offing, he said.
The North part of the city i.e., Medchal District had the social infrastructure already in place. There are Universities such as Malla Reddy and Mahindra located in this area. MMTS Railway station is close by. There is a good urban landscape, good connectivity. It is attached to the national highway, ORR. The place has everything to set up an IT park.
The city has been successful in attracting the world’s top companies such as Apple, Google, Amazon, Facebook, Microsoft. It also attracted Uber, SalesForce and others. Amazon has its world’s biggest campus here in Hyderabad, KTR told the audience.
Telangana is the 11th largest state in terms of Geography in India and 12th in population. But it is in 4th place after West Bengal, Maharashtra and Tamil Nadu in contributing to the nation’s economy. We are just 2.5% of India’s population, but we contribute 5% to the nation’s GDP. Telangana is progressing well, It has set up many benchmarks, he told.
MRF India has also decided to invest ₹1,000 Cr into expanding their facility and creating a new speciality assembly line at Sangareddy district. It also offered CSR of ₹4Cr to the “Mana Ooru – Mana Badi” program, KTR revealed.
Telangana is the Vaccines Capital of the world. One-third of the human vaccines produced in the world are produced in Hyderabad, he reminded the students. And said, if you want to get good jobs and remain job-ready, you must skill or upskill or re-skill constantly, he advised them.
KT Rama Rao assured that T-Hub wing may also be set up at Kompally IT park to help the companies here. He also handed over space allocation letters to 90 companies, totalling a booked space of 6, 04, 200 sft. Among the companies are A and AM Consultants Pvt. Ltd; A3 IT Solutions, Tutors Pride Edutech, Adsum Softek Originators, InfraBIM and others. These companies have booked in the range of 1000 ft to 20,000 sft. Their areas of specialisations include 45 software development companies; 15 IT services and consulting companies; 4 Data Analytics; 4 HR Services; 3 Gaming and Animation; 3 IOT and 16 Emerging Technologies and Innovations. The companies from all over Hyderabad and USA are shifting to Kandlakoya IT Park.
Jayesh Ranjan, Principal Secretary, IT; several MLAs and MLCs and local politicians graced the occasion.