A1 City Will Be Built In 4-5 Months: Sridhar Babu

Hyderabad, Nov 12 (Maxim News): Minister for Industries and IT, Sridhar Babu said that A1 City is being built in the next four to five months under the PPP system. He spoke after inaugurating the new office of Global Logic Software.

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Hyderabad is suitable for all types of investments.  Global Capability Centers are being set up in Hyderabad. The government is providing adequate support to the investors.  Apart from multinational companies, we are encouraging MSMEs.

Currently, IT exports have reached 12 percent.  We have planned to increase IT exports by 20 percent in the next five years. We are setting up IT companies in second and third-tier cities and employing the youth.

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We are developing skills in the youth through Skill University. “Telugu people in Malaysia are keen to invest in Hyderabad.” Minister Sridhar Babu said.  (Maxim News) 


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