5 months ago
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IT and Industries Minister D.Sridhar Babu connected Wednesday (December 10, 2025) said the Telangana authorities volition found incubation centres successful each authorities Universities to beforehand innovation, foster research-led entrepreneurship and to fortify the startup ecosystem crossed Telangana.
Speaking astatine the inauguration of Google for Startups Hub astatine T-Hub successful Hyderabad by Chief Minister A. Revanth Reddy, the Minister said the projected incubation centres would beryllium developed connected par with the Telangana AI Innovation Hub and the Life Sciences ONE Hub aligning with the government’s imaginativeness to presumption Telangana arsenic a planetary innovation hub.
“We bash not presumption startups simply arsenic tiny enterprises... spot them arsenic economical engines susceptible of solving societal challenges and generating caller employment opportunities,” the Minister’s bureau said successful a merchandise connected his speech.
Mr. Sridhar Babu said Telangana startups raised $571 cardinal successful 2024, registering a 160% summation implicit the erstwhile year. The HealthTech assemblage unsocial witnessed a singular 2,139% summation successful backing during the period. Hyderabad ranks sixth successful India successful women-led startups and 531 women-led enterprises raised $417 cardinal investment. “These are not conscionable statistics. They show the interaction of the government’s progressive policies and sustained enactment for innovation,” helium said.
The State authorities believes exertion is not conscionable a instrumentality but an instrumentality of equality, inclusive maturation and keen connected ensuring its benefits scope each citizen. The authorities volition soon operationalise the Rs. 1,000-crore Fund of Funds for startups, helium said, reiterating the government’s committedness to enactment young innovators and caller ideas.
