Hyderabad: KTR lays foundation stone for IT park in Kandlakoya

Hyderabad: IT Minister KT Rama Rao and Labour & Employment Minister Ch Malla Reddy laid the foundation stone for the upcoming Gateway IT Park at Kandlakoya on Thursday. The park is to be set up at Kandlakoya junction on Outer Ring Road. The programme coincides with Chief Minister K Chandrasekhar Rao’s birthday on February 17.

The new IT park will be set up as part of the GRID (Growth in Dispersion) policy of the Telangana government, which aims to invite major IT companies to set up their campuses across the state.

Minister KTR said that the Gateway IT Park is near ORR and has great connectivity. He also added that it takes just one hour to reach the International Airport and the Gachibowli, Hitech city areas from here.

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Minister KTR thanked the gathering for wishing CM KCR on his birthday today. Stressing the importance of having audacious goals and the need to work hard, Minister KTR stated that CM KCR was focused from a very young age and always worked hard to achieve his goals. “He has a great willpower,” he said.

He elaborated that Medchal-Malkajgiri District already has good road connectivity, urban lung spaces and is also an educational hub with many engineering, pharma, and MBA colleges being located in the region. He said that the MMTS is also located very close to the IT Park. He also added that the efforts were on to develop the Gundlapochampally station which is 2 kms away.

About 90 plus companies applied for office space at the IT Park and the acceptance letters were handed over to them by the Ministers today at the program. Many more companies are coming forward to set up offices in the IT Park. The Gateway IT park which is coming up in six lakh sq ft will accommodate more than 10,000 employees.

The IT Park is being called ‘Gateway IT Park’ because it is located in Medchal – Malkajgiri district which connects Hyderabad and North Telangana with four highways – 1.) Medak – Narsapur Highway, 2.) Adilabad-Nizamabad- Kamareddy- Medchal Highway, 3.) Ramagundam-Karimnagar-Siddipet-Gajwel-Shameerpet Highway, 4.) Bhoopalapally-Warangal-Yadadri-Ghatkesar Highway.

MLA KP Vivekanand, MLCs K Naveen Kumar, Shambipur Raju also were present at the event.

Source: Twitter.

Speaking at the event, KTR said that even though there were apprehensions about the situation around IT companies during the formation of the state, currently all the top five major companies across the world including Google and Amazon have set up their campuses here in the city. He asked the youth to gain skill sets necessary to achieve jobs and to not feel let down due to obstacles in life taking inspiration from the CM KCR’s struggle in life and politics.

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