Hyderabad: On the fifth day of the official business trip to the US, Minister for IT and Industries K Tarakarama Rao met Jeffrey Katzenberg, CEO of Dreamworks at their office.
Dreamworks is looking for expanding their production facilities in India and sought partnership with Telangana State government for their long-term plans. The IT Minister has extended full support and cooperation in their endeavors. The minister described the attributes of upcoming film city in Hyderabad, which would be an ideal location for the future production facility of Dreamworks.
Dreamworks is also looking at creating high end theater ecosystem to promote their movies. In this regard, Dreamworks has asked Telangana government to create a conducive environment. Dreamworks has plans to cater to Indian market and believe that Hyderabad is ideal location, given its talent pool and vibrant film industry.
Dreamworks and Telangana Government also agreed to collaborate to create Dreamplay, a small scale theme center, which can become a tourist attraction for Hyderabad city. KTR also invited Jeffrey Katzenberg to Hyderabad.
Visits La Kretz Innovation Campus
KTR also visited La Kretz Innovation Campus in Los Angeles today to understand the functioning of Los Angeles Clean Tech Incubator (LACI). On arrival, he was taken on a tour of the incubator and understood the practices that made it a successful incubator. Many of the innovations being incubated are relevant to Hyderabad and Telangana. For example, water harvesting, converting sewer water into clean water and so on. It is a 60,000 sft incubator focused on cleantech innovation and commercialization activities. The LACI leadership gave a high-level overview of various cleantech technologies and solutions developed by various entrepreneurs, who are housed in the incubator.
During the meeting, KTR introduced T-Hub to the LACI team and sought cooperation and partnership. The Minister invited their CEO and top officials to visit T-Hub for establishing the same. (NSS)