Industrial parks conversion into IT parks to further boost Hyderabad

Hyderabad:  Despite the economic slowdown caused by the COVID-19 pandemic, Telangana is focusing on expansion of information technology sector to further strengthen its standing as a leading global technology destination.
It is not only setting up IT parks in tier-II cities but within Hyderabad, it is taking up initiatives to ensure expansion of the sector in all corners of the city.
For over two decades, the IT presence in Hyderabad was confined to Madhapur and Gachibowli clusters in western part of the city and it is only in recent years that few companies started their operations in the east.
The state government has now drawn up ambitious plans to take the IT growth to all corners of the city.
Under the GRID (Growth in Dispersion) policy of the state government, as many as 11 industrial parks within Outer Ring Road (ORR) limits will soon be converted into IT parks. This week, the authorities issued detailed guidelines pertaining to the zones, incentives and government support for the conversion.
The IT towers will come up in industrial parks at Balanagar, Kukatpally, Moula Ali, Mallapur, Patancheru, Katedan and Sanatnagar, covering all corners of the city excluding the west.