Hyderabad is expanding rapidly, especially with talented workers moving there to work, according to IT minister KT Rama Rao, who claimed that telangana was performing significantly better than chennai and Bengaluru in many industries. In our voyage, which has just started, hyderabad will leave behind chennai, Bengaluru, Pune, among other cities. Rama Rao stated, "We Hyderabadis are really proud of the way the city is developing.

According to NASSCOM, hyderabad accounted for one-third of all new technology jobs in india in 2021–2022 over the previous two years. It got even better in the 2022–2023 fiscal year, and according to Rama Rao, 44% of all new tech employment in the nation were generated in Hyderabad. On Monday, the minister attended the world-class Semiconductor Design and Development Facility Centre hosted by Microchip technology in india at One Golden Mile, Kokapet.

The minister said hyderabad has been expanding phenomenally while keeping things in the proper perspective. In hyderabad, there were 3.23 lakh IT workers overall in 2014; this figure is expected to rise to 9.05 lakh by 2022–2023. Similar to how Telangana's IT exports increased from Rs. 56,000 crore in 2014 to Rs. 2.41 lakh crore, he said.

Hyderabad - The Vaccine capital of the World
The city was developing new verticals. The use of microchips was widespread and penetrated many industries, including the automotive and aerospace industries. The minister urged Microchip technology to investigate new opportunities in the city, claiming that hyderabad was the nation's epicentre for the life sciences. According to him, hyderabad is where roughly one third of the world's vaccines and over 40% of India's pharmaceuticals are produced. "We manufacture nine billion doses of vaccinations globally. The city of hyderabad would manufacture 14 billion vaccine doses by the next year, accounting for 50% of global vaccine manufacturing, according to Rama Rao.

The largest medical device park in india is located at Hdyerabad, along with the largest makers of vaccines. The largest stent production facility in the world was also located at Sultanpur's Medical Devices Park, he claimed. The minister stated that telangana Mobility Valley had been established by the State government in the vehicle industry. According to him, telangana was the first state to move and unveil the mobility valley a few months ago. He added that Intel, Bosch, and other major international corporations had already partnered with the State government.

India, and particularly hyderabad, may be important in the field of sustainable transportation. Future mobility was all about sustainability over the coming two decades, with an emphasis on net zero and carbon neutrality, he said. Mobility Valley was introduced to put hyderabad on top. "I implore Microchip to become a knowledge partner with us. telangana transportation Valley will launch into that orbit, making us an essential node for sustainable transportation, just as Genome Valley made hyderabad the vaccine capital, added Rama Rao.

T-FACE Being Rolled Out
The minister said that the State government was launching a fresh effort in the field of VLSI. T-FACE, which stands for Fabulous Accelerator through Cloud Enablement, is a project centered on incubation, innovation, and skill development, he said. "We have high hopes for this project. The world's largest innovation campus, T-Hub and T-Works, are already located in Hyderabad. The minister stated that the recent initiative will receive further assistance and that the focus was on technological innovation and prototyping.

To make India's presence felt in the semiconductor industry, you need a solid work force and a solid thinking force. In comparison to the US, Taiwan, and other semiconductor eco systems, we are still in the very early phases. In the coming ten years, india will likely hold the top spot, and hyderabad will play a significant part in that, according to Rama Rao.





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SIBY JEYYA

04/07/2023 07:32 AM