- He also added that 30,000 employment opportunities have already been generated in the electronics manufacturing sector
- The state is making efforts to use the software ecosystem present in the state to create a manufacturing and R&D space in the electronics domain
According to a report by the New Indian Express, KT Rama Rao, minister for industries and IT&C, Telengana said that over three lakh jobs will be generated in the electronics manufacturing sector in the next four years. He added that 30,000 employment opportunities have already been generated in the electronics manufacturing sector.
As per the report, Rao also said that the state would like to build a complete ecosystem that not only attracts investments for software but also hardware manufacturing. He added that Hyderabad has come out as a major destination for advanced technology and product-innovation work. He also said that leading technology companies are growing their operations in the city.
Companies want to set up manufacturing units in the state
The state is making efforts to use the software ecosystem present in the state to create a manufacturing and R&D space in the electronics domain. Many electronics companies are considering Telengana to become the base for their electronics manufacturing.