According to reports, during the year 2020-21, the IT exports from the state stood at Rs 1,45,522 crore. This new policy is also targeting to generate employment and take the total number of employees in the IT sector to over ten lakh in the next five years. Presently, the number of employees is 6,28,615.
It is expected that over 50,000 jobs will be generated in the IT/ITeS sector in the cities of the state establishing them as major IT Hubs in future.
K.T. Rama Rao, Information Technology Minister, launched the new policy. In the event NASSCOM Chairperson Rekha Menon, US Consul General in Hyderabad Joel Reifman, and other senior officials were present.
The state government aims to create the state as the best choice for start-ups in the country and significant investments will be made by the state to support the process.
A fully 100 percent digital ecosystem will be created and at least one individual in each household will be digitally literate.
Around 12,000 Digital Telangana Centres will be set up at the Panchayat level to give digital services to citizens in the remote locations. Initial Artificial Intelligence training will be provided by the government for all technology graduates who will be made for the next wave of employment creation in the new technologies. The development in the field of electric vehicles will also be concentrated.
Telangana wants to be the capital in the field of technology in the next few years.