The Telangana government invested in the second phase of T-Hub, with an aim to incubate next generation of startups which would be strong pillars of Indian economy in future.
The Chief Minister formally inaugurated the Phase-2 of T-Hub, the country’s leading innovation and startup catalyst here. The facility will support over 2,000 startups under one roof, with a total built-up area of 5,82,689 square feet, making it the world’s largest innovation campus. T-Hub will provide young Indians to launch their startups with a collaborative innovation ecosystem.
Observing the huge appetite for entrepreneurship among youth in India, the Chief Minister said the Telangana government decided to launch Phase-2 of T-Hub and provide them best support for startup. He hoped that these startups bring global recognition to the State and the country.
The startup ecosystem in Telangana was ranked among top 10 global ecosystems in affordable talent and among top 15 in Asia in terms of attracting funds. Further, Hyderabad city offers best standard of living in India.
T-Hub was founded to bring together the best talent from across the country to nurture a startup ecosystem, but it had became a national role model. It has impacted 2,000 entrepreneurs and witnessed funding of 1.19 billion dollars for startups. We made doing business easier for the startups.