Hyderabad to get huge investments

Hyderabad, May 14: Here the Hyderabad city to get a huge number of investments which was announced by the IT secretary Jayesh Ranjan, while unveiling the State Innovation Cell's latest initiative here on Saturday.

He said that currently, Hyderabad has the highest number of start-ups registered with the Indian Department of Science and Technology (DST).

A new titled 'T.CoWork', the initiative is aimed at bringing all co-working spaces and incubators in the city under one network. Through these spaces, the early stage start-ups will be provided business or strategy mentors, market connection, and investor access, according to officials of the innovation cell.

"The Telangana state government has already rolled out the innovation policy and is looking for the chief innovation officer. It has set aside huge funds for the same and is looking to make sure there is a ground level impact.

Hyderabad's USP as a start-up hub is the availability of high-quality infrastructure at low cost and this will be followed even while providing T.CoWork facilities to start-ups," said Ranjan.