Telangana Government Signs MoU with ITServe Alliance

The Telangana government has entered into a strategic partnership with ITServe Alliance, one of the largest associations of IT companies in the United States, aiming to create 30,000 new jobs in Tier-2 and Tier-3 towns across the state. This move is part of the government's initiative to decentralize IT sector growth and promote inclusive development.

Under the agreement, the Telangana government will facilitate the development of necessary infrastructure, including office spaces and modern facilities, in cities such as Mahbubnagar, Warangal, Karimnagar, Khammam, and Nizamabad. ITServe Alliance member companies will set up IT and related operations in these locations.

Additionally, the Telangana government has agreed to allocate land in Hyderabad's Financial District for the construction of office buildings to be occupied by ITServe member companies. This initiative aims to create a strong synergy between regional and urban operations, positioning Telangana as a comprehensive hub for IT growth.

ITServe Alliance will leverage its extensive network of member companies to drive growth and create a robust IT ecosystem in these smaller towns by creating IT jobs. The partnership also includes workforce development through upskilling and reskilling initiatives to build a strong pool of industry-ready talent from within the local communities.

The MoU was signed in the presence of IT & Industries Minister Duddilla Sridhar Babu and ITServe National President Jagadeesh Mosali. This collaboration marks a significant milestone in Telangana's commitment to inclusive growth, regional development, and the creation of a strong innovation ecosystem.