Partnership to Create 30,000 New Jobs in Tier-2 and Tier-3 Towns

The Telangana government has signed a Memorandum of Understanding (MoU) 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 of the state. This initiative is part of the government's strategy to decentralize IT sector growth.

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 move 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 MoU was signed in the presence of IT & industries minister Duddilla Sridhar Babu and ITServe national president Jagadeesh Mosali.

The agreement also includes workforce development by fostering upskilling and reskilling initiatives to build a strong pool of industry-ready talent from within the local communities. This partnership marks a significant milestone in the state's commitment to inclusive growth, regional development, and the creation of a strong innovation ecosystem.