Microsoft
CEO Satya Nadella will visit T-Hub, billed as India’s largest technology incubator, during his visit to Hyderabad
later this month. Jayesh Ranjan, secretary for information technology in the
Telangana government, told IANS on Wednesday that Nadella will be taken around
the facility located at the International Institute of Information Technology
(IIIT), Hyderabad.
He is
also likely to address budding entrepreneurs as the government has already
requested him to be a mentor of T-Hub. Nadella will be in his home town of
Hyderabad for 3-4 days. He will visit T-Hub and meet state government officials
on December 20. Built at a cost of Rs 40 crore, the facility was launched last
month to create the much-needed ecosystem for startups, providing them
technology and business mentorship.
More than
130 startups have set up their operations at T-Hub, created by the state
government in collaboration with IIIT-Hyderabad, Indian School of Business
(ISB) and NALSAR University of Law. The 70,000 square feet uniquely designed
and fully automated facility has brought together startups, incubators,
mentors, venture capitalists, angel investors, legal and accounting firms and
other players.
The
Microsoft CEO’s visit is expected to give
a big boost to the government’s efforts to make Hyderabad
the startup capital of India. The government is seeking collaboration with
technology giants for strengthening the facility and for developing the second
phase on a much larger scale.
The state
government has already announced Rs 10 crore for the Rs 100-crore innovation
fund of T-Hub and it expects Rs 90 crore from private players. It has plans to
scale this fund to Rs 600 crore. The Telangana government is also likely to
discuss with Nadella the plans Microsoft has to expand its operations in
Hyderabad. Jayesh Ranjan will hold preparatory discussions with officials of
Microsoft’s India Development Centre
here this week.
This will
be Nadella’s second visit to Hyderabad
after taking over as the head of the global software giant last year. The
47-year-old, during his first visit in September last year, had met Telangana
Chief Minister K. Chandrasekhar Rao. Telangana’s Information Technology Minister K. Tarakarama Rao had also
called on Nadella during the former’s visit to the United
States in May this year. Microsoft has its India Development Centre here since
1998. It is the largest facility of Microsoft outside its headquarters in
Redmond, US.
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