Telangana is an enabler for industry, business: Deputy CM Bhatti Vikramarka
Deputy Chief Minister Bhatti Vikramarka Mallu and IT and Industries Minister D. Sridhar Babu at the FICCI conference in Hyderabad on Wednesday.
Telangana is driving industrial growth with investment-friendly policies and world-class infrastructure, Deputy Chief Minister Mallu Bhatti Vikramarka said here on Wednesday.
Addressing the FICCI @100 celebrations and Telangana Deep-Tech Leadership Summit, he said the government is not only investing in research and industrial development but is also placing emphasis on public-private partnerships. Collaborations remain crucial as the State aspires to makes emerge as a $3-trillion economy by 2047.
On DeepTech, he said, “Telangana has a strong foundation for this work. Hyderabad brings together software, pharmaceuticals, biotechnology, aerospace and engineering. Our opportunity lies in getting these capabilities to work together.”
Calling for a practical DeepTech blueprint, he said barriers that slow down the fruits of labour of research, and development should be examined carefully and in detail. He called for shared testing facilities, clearer routes to certification, and carefully designed pilot purchases, which he added, can help good ideas prove themselves.
Speaking at the event, IT and Industries Minister D. Sridhar Babu the government was developing the infrastructure required to promote research, innovation and skill development in areas such as Artificial Intelligence, quantum technology, robotics, cybersecurity, semiconductors and advanced manufacturing.
The Minister said the government was giving priority to emerging technologies, industrial development and manufacturing.
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