India-based leading innovation and startup incubator T-Hub launched the world’s largest innovation centre for startups in India. On June 28, 2022, Chief Minister of Telangana K Chandrasekhar Rao inaugurated the new facility of business incubator T-Hub in Hyderabad. The innovation campus called T-Hub 2.0 is built in a T-shaped structure. It covers 582,689 sq ft. of area spread across ten floors.
Purpose of the Innovation Campus by T-Hub
The new centre aims to support over 2,000 startups in the course of five years. T-Hub 2.0 will serve as a platform to further elevate India’s innovation ecosystem worldwide.
Further, the innovation campus will boost the thriving startup ecosystem and support the entrepreneurs in their growth journey. It will provide them with access to 6Ms – Mentors, Market, Motivation, Manpower, Money, Methodologies, as well as 2Ps- Partnership and Policy advisory.
Moreover, early revenue and early-scale companies will be part of the innovation drive by T-Hub. Besides, its foreign partnerships with Bangladesh and Uzbekistan emphasise internationalisation and capacity building. International partners from regions such as Japan, Korea, and Dubai, among others, will join the team at T-Hub 2.0.
Details of the Inaugural Event
The theme for the event was Trailblazing Telangana. It involved interactive sessions, such as T-Hub Talks – a TEDx format session, fireside chats, masterclass and panel discussions.
Besides the presence of Telangana CM, several dignitaries graced the occasion. Jayesh Ranjan, Principal Secretary of the Industries & Commerce (I&C) and Information Technology (IT), Government of Telangana; Vani Kola, Managing Director at Kalaari; Varun Thamba, Director, Data and Analytics CoE: Indian Subcontinent, SAP; MSR, CEO, T-Hub and others were present at the inauguration.
Rana Daggubati (actor, investor and entrepreneur) commenced the event with his speech. Later the dignitaries present also addressed the audience.
What the Telangana CM said at the event
K Chandrashekar Rao, Chief Minister of Telangana, said, “T-Hub has evolved from a startup incubator to an innovation hub in India and beyond in the past six years. It has emerged as a strong organisation that is focused on outcome-driven initiatives, and it is well-positioned to back the global aspirations and ambitions of our entrepreneurs.”
What the other officials have to say
Mahankali Srinivas Rao, CEO, T-Hub, said, “T-Hub has been created with the philosophy that innovation can thrive only with collaboration. The innovation campus will bring together all the startup ecosystem stakeholders to create sustainable businesses with a special focus on verticals like EV/mobility, healthtech, enterprise tech, gaming and Artificial Intelligence. We aim to support over 2000 startups and provide the required lift to these entrepreneurs by offering them access to the 6Ms and 2Ps through global partnerships.”
In addition, KT Rama Rao, Minister of IT, Industries, MA&UD, Government of Telangana, said, “Over six years, T-Hub has become a credible icon from India across the world for entrepreneurship and innovation. Telangana Government’s progressive startup policies and ease of the business environment have flourished into strong partnerships with global corporations and academics. The idea of T-Hub that started as an Incubation centre is now the world’s largest innovation hub that has scaled up over 1000 startups and aims to further impact thousands more startups in the near future.”
“Given the city’s large talent pool and fast-growing tech ecosystem, we believe Hyderabad is well placed to become one of the top accelerators for startups in the coming decade,” said Vani Kola, Managing Director, Kalaari Capital.
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