The Telangana government has signed an agreement with ITServe Alliance, a US-based association of IT companies, to promote upskilling and reskilling and generate 30,000 jobs in tier-ii, iii cities in the State.
“The MoU would promote the establishment of IT and allied companies in cities like Mahbubnagar, Warangal, Karimnagar, Khammam, Nizamabad, and other emerging towns in the State.
The government will support ITServe member companies in setting up operations in smaller cities,” Duddilla Sridhar Babu, Minister for Information Technology and Industry, said.
“Creation of jobs in smaller cities will help reduce migration to cities like Hyderabad, which is expected to face space constraints in the coming years, and aid in decongesting the city,” he said.
The government will allocate for the association’s member companies in the Financial District to set up their bases.
“This MoU would help our member companies expand their reach and utilise the untapped talent in smaller towns,” said Jagadeesh Mosali, National President of ITServe Alliance, in a statement on Wednesday.