Telangana’s new business incubator T-Hub will boost Indian startups: Ratan Tata

Ratan Tata was among those who extended his congratulations to the government of Telangana on T-Hub, located in Hyderabad, saying it would boost India’s startup ecosystem.

“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,” the the Chairman Emeritus of Tata Sons tweeted in response to photos of the facility shared by Telangana IT Minister K T Rama Rao.

K T Rama Rao tweeted on Sunday, “Delighted to announce that Hon’ble CM KCR Garu will be inaugurating the new facility of @THubHyd on 28th June giving a huge fillip to the Hyderabad Innovation ecosystem.”

Many other well-known people, including actors Vijay Deverakonda, Samantha Ruth Prabhu and Mahesh Babu, as well as Nasscom president Debjani Ghosh, also praised the Telangana government’s efforts.

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T-Hub (Technology Hub), an innovation hub and ecosystem builder, was founded in Hyderabad in 2015. The 18-acre campus, which will be unveiled by Rao on Tuesday, will also house T-works-India’s largest prototyping centre, and the Image (Innovation in multimedia, animation, gaming & entertainment) Tower project, according to a Times of India report.

T-Hub CEO M Srinivas Rao said an entire floor in the new building would be dedicated to venture capital funds, according to the report.

This (T-Hub 2.0) will be a microcosm of the innovation ecosystem which will house more than 2,000 startups, corporates, investors, academia, and national and international ecosystem enablers,” he told PTI.