The government of Telangana, under the leadership of Revanth Reddy, has announced its plans to develop an Artificial Intelligence (AI) City in Hyderabad. This initiative aims to position Hyderabad and the entire state as the AI capital of the country by attracting top global and national technology companies to establish their AI centers.
Governor Tamilisai Soundararajan made these announcements during her address to the joint session of the Legislative Assembly and Council on the first day of the Budget Session. She emphasized the government’s determination to harness the power of new technologies, particularly AI, to drive economic growth and create job opportunities.
In addition to the AI City, the Telangana Government also intends to introduce a new policy that will promote industries and services sectors in the state. This policy will be based on a comprehensive study of existing ground realities, feedback from stakeholders, and global best practices. The government aims to create a supportive ecosystem for both new and existing investors, ensuring a hassle-free experience throughout their operations and future expansions.
Furthermore, the government will focus on supporting Micro, Small, and Medium Enterprises (MSMEs) by providing improved technology, skilled manpower, financing, market access, and measures to prevent industrial sickness. An exclusive institutional mechanism will be established to support and address the grievances of MSMEs.
Telangana’s commitment to digital transformation is also evident in its plans to implement a thorough digital literacy program. The government aims to ensure that every household, regardless of economic status or location, can benefit from digital opportunities.
Additionally, the government will lay special emphasis on sectors that have been underutilized compared to their potential. This includes sectors such as leather and footwear, gems and jewelry, chemicals and plastics, engineering goods, FMCG products, high-value food processing, electric mobility, and storage. Dedicated industrial parks and supporting ecosystems will be created for each sector.
To address skill gaps and meet the requirements of Industry 4.0, the government will transform all government ITIs into Advanced Technology Centers. These centers will offer NCVT-approved long-term and short-term courses, benefiting approximately one lakh youth in Telangana. Skill universities will also be established across the state to prepare a skilled and empowered workforce.
Lastly, Telangana aims to increase its clean energy share by implementing a comprehensive energy policy that promotes various types of green energy, including solar, wind, and hybrid technologies, as well as energy storage solutions.
With these ambitious initiatives, Telangana is poised to foster innovation, economic growth, and a sustainable future for its residents.
An FAQ section based on the main topics and information presented in the article:
1. What is the objective of developing an Artificial Intelligence (AI) City in Hyderabad?
– The objective is to position Hyderabad and the entire state of Telangana as the AI capital of the country by attracting top global and national technology companies to establish their AI centers.
2. Who made the announcements about the AI City and the new policy?
– Governor Tamilisai Soundararajan made these announcements during her address to the joint session of the Legislative Assembly and Council on the first day of the Budget Session.
3. What is the purpose of the new policy?
– The new policy aims to promote industries and services sectors in Telangana by creating a supportive ecosystem for both new and existing investors, ensuring a hassle-free experience throughout their operations and future expansions.
4. How will the government support Micro, Small, and Medium Enterprises (MSMEs)?
– The government will provide improved technology, skilled manpower, financing, market access, and measures to prevent industrial sickness for MSMEs. An exclusive institutional mechanism will also be established to address the grievances of MSMEs.
5. What is Telangana’s commitment to digital transformation?
– Telangana aims to implement a thorough digital literacy program to ensure that every household, regardless of economic status or location, can benefit from digital opportunities.
6. Which sectors will the government focus on that have been underutilized compared to their potential?
– The sectors include leather and footwear, gems and jewelry, chemicals and plastics, engineering goods, FMCG products, high-value food processing, electric mobility, and storage. Dedicated industrial parks and supporting ecosystems will be created for each sector.
7. How will skill gaps be addressed in Telangana?
– The government will transform all government ITIs into Advanced Technology Centers that offer NCVT-approved long-term and short-term courses. Skill universities will also be established across the state to prepare a skilled and empowered workforce.
8. What is Telangana’s plan to increase clean energy share?
– Telangana aims to implement a comprehensive energy policy that promotes various types of green energy, including solar, wind, and hybrid technologies, as well as energy storage solutions.
Definitions for key terms or jargon used within the article:
– Artificial Intelligence (AI): The simulation of human intelligence in machines that are programmed to think and learn like humans.
– Legislative Assembly and Council: The legislative branch of the government that consists of elected representatives who debate and pass laws.
– Micro, Small, and Medium Enterprises (MSMEs): Small-scale businesses that have limited resources and workforce but play a significant role in the economy.
– Digital literacy: The ability to use digital tools and technologies effectively to access, understand, and evaluate information, communicate, and solve problems.
– Industrial parks: An area specifically designed and developed for industrial activities, usually offering infrastructure and facilities to support manufacturing and production.
Suggested related links:
– Telangana Government Official Website
– Hyderabad District Official Website
– Telangana Industries Directory
The source of the article is from the blog trebujena.net