Hyderabad:With robust infrastructure and a rich pool of human resources, Hyderabad has the potential to become a global hub for artificial intelligence (AI) and global capability centres (GCCs), stated IT minister Duddilla Sridhar Babu.
He highlighted the government’s proactive measures to establish a world-class ecosystem for attracting the GCCs. “Hyderabad already hosts the GCCs of global giants in the IT, healthcare and life sciences. Our vision is to bring the essence of Silicon Valley to Hyderabad. We are committed to creating a conducive environment for research and development, which is crucial for future growth,” the minister stated.
Sridhar Babu was speaking at the signing ceremony of a bilateral trade partnership agreement between the US-India Business Council (USIBC) and Telangana government in Hyderabad on Tuesday.
Talking about the Hyderabad’s favourable ecosystem for industries like aerospace, defence, power, banking, digital payments and industrial manufacturing, Sridhar Babu invited global investments and partnerships. He urged the USIBC to introduce Telangana to American businesses and facilitate further investments in the state.
The event was attended by US consul general Jennifer Larson, special chief secretary Jayesh Ranjan, USIBC managing director Rahul Sharma, senior director Aditya Kaushik and others.
