TS, ZF ink pact on India Technical Centre

IT Minister K T Rama Rao today said there was ample scope for investments in various sectors like software, IT, Automobiles, engineering in Telangana State.

Participating in a program signing a deal with ZF Company over launching of Hyderabad India Technical Center (ITC) at Gachibowli here, KTR said the second phase of T-Hub will be launched soon. He expressed happiness that the ZF Company, which was coordinating with the State government was all set to provide jobs to 2,500 engineering experts by 2020.

IT Secretary Jayesh Ranjan and ZF Group India Senior Manager Mamatha Chamarty have exchanged the agreements. Speaking on the occasion, KTR said Digital Telangana is the goal of the government and it welcomes the companies, businessmen to invest in the State and partner with its development. He wooed the industry bigwigs and business honchos to launch their business and expand by taking all support from the Telangana government.

“As the automobile, engineering sectors were making rapid strides as that of IT and software, we will see in the near future that buses and cars will be moving without drivers”, the minister said.  He also said the automobile, engineering companies are looking at Hyderabad which was developing into a world class city. The Telangana Government will provide all facilities and give all permissions in two weeks to these companies to rope in for setting up their shops in the State, the minister said. (NSS)