Business EconomyPosted at: Oct 12 2025 1:12AM


Telangana Govt to set up AI Innovation Hub in Hyderabad

Hyderabad, Oct 11 (UNI) Telanana Chief Minister A Revanth Reddy on Saturday discussed the plans towards establishing an AI Innovation Hub in the city.
Revanth Reddy, who reviewed development plan for proposed T-Square & AI Hub along with Minister for IT and Industries Sridhar Babu here, said the idea is to integrate all existing AI initiatives, startups and Centres of Excellence under one umbrella, and also to collaboration with global companies, research institutes and international AI hubs.
Minister Sridhar Babu emphasised on the need to create a fund of funds to advance the state's vision of AI-based innovation and supporting startups.
He stressed on the government's adoption of an innovation driven strategy to drive growth in the age of artificial intelligence.
Since 2024, the government took up several AI initiatives as part of a larger goal to position Telangana as a leading global destination for AI.
The AI City project plan was announced at the Global AI Summit held in September last year, , the Telangana AI Rising Grand Challenge was held and an AI catalyst program was organised for the state government officials.
Besides, the Telangana Data Exchange (TGDeX), India's first state-led digital public infrastructure was launched.
Skilling is a crucial part of the exercise to unify all AI assets of Telangana. The state government is already making efforts to create a dedicated AI university to provide AI skill training to students and workforce.
Special Chief Secretary Jayesh Ranjan, Special Chief Secretary Sanjay Kumar, OSD to CM Vemula Srinivasulu, TGIIC MD K. Shashanka, Deputy Secretary Bhavesh Mishra, T-Fiber MD Venu Prasad, and other officials attended the meeting.
UNI KNR RKM
Please log in to get detailed story.
Tags: #Telangana Govt to set up AI Innovation Hub in Hyderabad
More News

'Country of Origin' soon to be marked for packaged commodities sold online

11 Nov 2025 | 3:01 AM

New Delhi, Nov 10 (UNI) The government plans to make it mandatory for e-commerce platforms to provide searchable and sortable filters based on the 'Country of Origin' for packaged commodities sold online.

see more..

AP Govt CII announce agenda for Partnership Summit 2025

11 Nov 2025 | 1:56 AM

Vijayawada, 10 Nov (UNI) The Confederation of Indian Industry (CII) will discuss various key issues featuring high-level plenaries, country sessions, government–industry dialogues, and sectoral tracks focused on trade, technology and innovation, sustainability and climate action, during the two-day CII Partnership Summit 2025 in Visakhapatnam beginning November 14.

see more..

Hyd: HMDA to conduct e- Auction of open plots at Kokapet & Moosapet

10 Nov 2025 | 11:05 PM

Hyderabd, Nov 10 (UNI) Hyderabad Metropolitan Development Authority (HMDA) on Monday said it has proposed to conduct a Pre-Bid Meeting for the forthcoming e-Auction of open plots located at Kokapet and Moosapet.

see more..

Rs1,000 cr VC fund for space startups operationalised

10 Nov 2025 | 7:55 PM

Chennai, Nov 10 (UNI) The Indian National Space Promotion and Authorisation Centre (IN-SPACe) and the Small Industries Development Bank of India Venture Capital Ltd (SIDBI Venture Capital Fund) today signed a contribution agreement to operationalise the Rs 1,000 crore venture capital fund for the Indian space sector.
This signing marks the formal beginning of the Fund’s investment activities following its approval by the Securities and Exchange Board of India (SEBI) on October 31.

see more..

Market opens up on strong note, buying seen in IT, metal, pharma names

10 Nov 2025 | 6:30 PM

New Delhi, Nov 10 (UNI) The stock market started the week on a strong note, with benchmarks snapping a three-day losing streak. Nifty ended above 25,550 led by buying seen in the IT, metal, pharma names.

see more..