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‘Great boost to the Indian startup ecosystem’: Ratan Tata lauds T-Hub’s new facility

‘Great boost to the Indian startup ecosystem’: Ratan Tata lauds T-Hub’s new facility

T-Hub or Technology Hub, a Hyderabad-based innovation hub and ecosystem enabler, announced on Tuesday the inauguration of the world’s largest innovation campus.

Business Today Desk
Business Today Desk
  • Updated Jun 29, 2022 10:56 AM IST
‘Great boost to the Indian startup ecosystem’: Ratan Tata lauds T-Hub’s new facilityRatan Tata lauds T-Hub’s new facility

Ratan Tata took to Twitter to congratulate the Telangana government for the inauguration of the world’s largest innovation campus in Hyderabad. He said that it would give a boost to the Indian startup ecosystem.

Quoting a tweet by KT Rama Rao, Minister for Municipal Administration & Urban Development, Industries & Commerce, and Information Technology of Telangana, Tata said, “Congratulations to the Government of Telangana and Chief Minister K. Chandrashekar Rao on its new T-hub facility in Hyderabad, which will be a great boost to the Indian startup ecosystem.”

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Rao had shared images of the facility and said that it would give a “huge fillip to the Hyderabad Innovation ecosystem”.

T-Hub or Technology Hub, a Hyderabad-based innovation hub and ecosystem enabler, announced on Tuesday the inauguration of the world’s largest innovation campus. It said that the campus will act as a robust platform to elevate the stature of India’s innovation ecosystem globally.

The facility was inaugurated by Chief Minister of Telangana K Chandrashekar Rao. “T-Hub has evolved from a startup incubator to an innovation hub in India and beyond in the past six years. It has emerged as a strong organisation that is focused on outcome-driven initiatives, and it is well-positioned to back the global aspirations and ambitions of our entrepreneurs,” he said.

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Jayesh Ranjan, Principal Secretary of the Industries & Commerce, and Information Technology, Government of Telangana,  Vani Kola, Managing Director at Kalaari, Varun Thamba, Director, Data and Analytics CoE: Indian Subcontinent, SAP, MSR, CEO, T-Hub were present at the inauguration.

The facility is built in a T-shaped structure spread across an area of 5,82,689 sq. ft and 10 floors. It will have six floors (ground+5 floors) with 1,000 seats for startups. On the sixth floor, 18,000 square feet is allocated to the Confederation of Indian Industry (CII) and AIC T-Hub Foundation, while the seventh floor is assigned to the Department of Science and Technology’s (DST) Centre of Excellence to promote artificial intelligence and machine learning.

Also read: T-Hub unveils world’s largest innovation campus for start-ups in Hyderabad

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Business Today Desk
Business Today Desk

Business Today brings you the latest news, views and analysis from the world of finance, economy, markets, corporates, startups, tech, and the digital economy. You can find everything from breaking news to deep dives to immersive essays and more on a variety of subjects across all formats - online, magazine, television, data visualisation, et al.

Published on: Jun 29, 2022 10:56 AM IST