Over the last couple of years, Telangana in India has emerged as one of the most business friendly states and Hyderabad has slowly started to gain the status of the startup capital of India, beating the likes of Bangalore, Delhi NCR, Mumbai etc.
One of the most talked about points about Telangana’s bid to nurture the startups has been the introduction of T-Hub, government sponsored incubator, which has gained praises from across the world. It has not been long, when T-Hub was launched for the public and in a very short span of time, it has created a dent on the startup scenario of India, if not the world.
Riding high on the success of T-Hub, the Telangana government is now planning to launch another incubator, however, this time, focused on hardware startups. The officials are already on it and many of the things have been discussed and finalized. On the likes of T-Hub, the new T-Works will work as an initial support provider for the hardware related startups working in fields like electronics, semiconductors and other hardware solutions.
T-Works will work on the model of Innovation Hub, based in California. Recently, a delegation from Telangana had visited iHub and signed an agreement. The Indian delegation was headed by Telangana’s IT Minister, K.T. Rama Rao.
Speaking on this, Jayesh Ranjan, information technology secretary – Government of Telangana stated that the initiative is taken in order to promote the hardware based startup, because, unlike the software startups, working on hardware startups is an expensive task as the cost of equipment is too high and totally not affordable for many. He further added that the initiative by the Telangana government is to fill that gap and to give a chance to everyone with an idea to make it a success. He added that quality labs and equipment are found only in the likes of premiere institutions in the country like IITs, however, now T-Works will not let the startups fail, just because of the lack of support and tools.
The labs will be equipped by the kits from top manufacturers and the government is already in talks. However, the access to T-Works will not be completely free for the startups. The government plans to charge them on a revenue sharing model, once the startup is successful.
The government also plans to start a VLSI Design academy and it is said to be in talks with the manufacturer companies. The academy will help the students in learning and understanding the chip design technology and to compete on the world level with the innovation.
Telangana government is expecting to attract an investment of over $3 Billion in electronics sector and it had revealed a specific policy for the same. The government expects to create over 150,000 jobs in this sector in the coming 5 years.
AMD is one of the biggest names, which has supported the government in its bid to start a VLSI academy in the city. Recently, the company had announced that its latest processor was designed completely in the Hyderabad center to complement the success of the state and Make in India campaign.