Work begins on Hyderabad's tallest IT Park

In a major move aimed at dispersing Information Technology sector's growth within Hyderabad, the Telangana government on Thursday began work on Gateway IT Park in the northern part of Hyderabad.

Information Technology and Industries Minister K. T. Rama Rao laid foundation stone for the facility coming up at Kandlakoya near Medchal, about 35 km from the city.

To be built at a cost of Rs 100 crore, the 14-storied Gateway Park will be the tallest IT tower in Hyderabad.

The Telangana State Industrial Infrastructure Corporation (TSIIC) will build the facility, which will be spread over 10 acres and can accommodate 100 companies. The six lakh square feet facility is expected to create over 50,000 jobs in the sector.

About 90 companies applied for office space at the IT Park and the acceptance letters were handed over to them at the foundation-stone laying programme.

As part of the Growth In Dispersion (GRID) policy aimed at expanding IT in all four directions, the state is developing IT infrastructure in north and eastern parts of the city.

Currently, the IT clusters are located in western party. Alm