TG Plans New 2 IT Parks
Spl policy for land allocation to industries on anvil: Sridhar Babu
D Sridhar Babu, Telangana IT Minister, with representatives of Dew Software and officials at Secretariat on Tuesday

Currently, there is no specific policy for allocating land to industries, which has caused difficulties for entrepreneurs. The new policy will allocate land based on the scale of investment and the number of jobs created - Duddilla Sridhar Babu, IT & Industry Minister
Hyderabad: The Telangana government will establish two new IT parks, which will come up on the suburbs of the city, announced Duddilla Sridhar Babu, IT and Industries Minister, while interacting with representatives from Dew Software Company here at the Secretariat on Tuesday. Dew Software has proposed an investment of Rs100 crore.
“The government is committed to foster IT growth. Hyderabad has emerged as a fast-growing IT hub, attracting significant investments from leading global companies. To sustain this momentum, we have decided to develop two additional IT parks, similar to Hitec City,” Sridhar Babu stated.
The Minister revealed that a detailed study is underway to determine the optimal locations and the extent of land required for the new parks. “We are evaluating suitable areas in the city’s outskirts to ensure seamless connectivity and accessibility for employees and investors alike,” he added.
The proposed IT parks will feature world-class infrastructure and essential amenities tailored for professionals. “We will provide all necessary facilities, including robust transport systems, ensuring employees can commute conveniently from any part of the city,” Minister said.
Acknowledging challenges faced by industries in acquiring land, Sridhar Babu announced plans for a dedicated land allocation policy.
“Currently, there is no specific policy for allocating land to industries, which has caused difficulties for entrepreneurs. The new policy will allocate land based on the scale of investment and the number of jobs created,” he explained.
Welcoming the Rs100-crore investment from Dew Software Company, the Minister expressed confidence in its potential to boost employment opportunities. “This investment is a testament to Hyderabad’s growing stature as a preferred IT destination. Over the next five years, Dew Software will create job opportunities for 900 professionals,” he noted.
With these plans, Hyderabad continues to solidify its position as a beacon of innovation and technological advancement in India, said the minister.
The meeting was attended by prominent officials, including Ajit Reddy, Principal Secretary to the Chief Minister; Dr. Vishnuvardhan Reddy, Managing Director of TSIIC; Madhusudhan, CEO of TGIIC; Suresh, President of Dew Ventures, and Jhansi Reddy, Congress Party in-charge for the Palakurthi constituency.