Latest news with #DuddillaSridharBabu
Time of India
4 days ago
- Business
- Time of India
UK-based Dazn expands sports tech GCC in Hyderabad
HYDERABAD: Marking an expansion of its centre of excellence in Hyderabad, UK-based sports streaming player Dazn on Friday announced the setting up of its first global sports tech operations in India outside the United Kingdom. Tired of too many ads? go ad free now With the setting up of the new operations centre, which was inaugurated by Telangana IT & industries minister Duddilla Sridhar Babu, Dazn will employ over 3,000 by the end of 2026 and invest Rs 500 crore over the next three years. Dazn already invested Rs 500 crore in the existing CoE that scaled up to over 1,500 employees over the past couple of years since it was set up in 2023. It employs highly skilled engineers, data scientists, and developers, making Hyderabad one of its key global tech and operations hubs, the company said. Inaugurating the new expansion, Sridhar Babu said Hyderabad is adding one new GCC every week, which is a testament to the city's skilled workforce, policy stability, and quality of life.
Hans India
06-07-2025
- Science
- Hans India
Students should be trained in AI tools: Sridhar Babu
Peddapalli: IT Minister Duddilla Sridhar Babu has urged students to be aware of modern technology. On Saturday, Sridhar Babu, along with District Collector Koya Sri Harsha, laid the foundation stone and inaugurated various development works in Manthani town. The minister said that the government will implement special activities to create awareness among students about AI tools (artificial intelligence). Teachers will also be trained on AI teaching. There is a need for students in the school to acquire English speaking skills and necessary steps will be taken for this. He said that government schools in the Manthani constituency should be set up with full digital classes and CSR funds will be used for this. Technological aspects like robotics and driverless cars should be taught to children. He said that a digital staff room will be set up for teachers in Manthani school. A small software company has been set up in Manthani town and 30 youth will get employment. District Library Chairman Nannaya Goud, RDO Suresh and others participated. Earlier, he inaugurated the advanced digital classes and library built by Seeds NGO at the Zilla Praja Parishad Girls' School at a cost of Rs 58 lakh among other development works in the area.
Hans India
05-07-2025
- Business
- Hans India
Sridhar Babu, the driving force behind ‘Telangana Rising '
The Telangana state, led by Chief Minister Revanth Reddy and his Cabinet are on an ambitious mission 'Telangana rising-2047 Vision' to reach $3 trillion economy by 2047, Particularly the state has received investments over 3 lakh crores in the last 18 months, From 2024-25(till date). The IT, Industries and E&C Minister Duddilla Sridhar Babu, a tech savvy, has become the state's driving force in reviving the economy and under his supervision, at the WEF Davos (2025) Telangana received massive investments around 1,78,950 crore in terms of MOUs, the highest ever since the formation of the State (40,000cr in 2024). Companies invested heavily in the State due to the investment friendly policies and progressive ideas for development. Significant investments from the major firms in manufacturing and service sectors, such as Amazon to expand their data centre, Sun Petrochemicals and Megha Engineering are based on green and renewable energy. Skyroot Aerospace is for a rocket manufacturing facility in Telangana, while Phoenix is set to provide aircraft interior designing. 70 new GCCs (global capability centres) were setup due to the integration of cutting-edge technologies like artificial intelligence, cybersecurity, quantum computing and data analytics. In the recent visit to Japan along with CM Revanth Reddy, The Telangana Rising team secured around Rs 12,062cr and estimated to provide more than 30,000 jobs to the unemployed. Key partnerships with top Japanese companies including Marubeni to collaborate for marquee industrial park, NTT data and Toshiba were made on cutting edge AI data centres. Sridhar Babu explained about the proactive policies and investment-friendly environment across the State, which stole the limelight. The minister actively expressed his vision on the emergence of new technologies and the market disruption, stating that leveraging those can lead to immense progress and advancements in every sector. In the Bio Asia Summit – The Catalyst of Change, Hyderabad, which is also known as the life sciences hub, has driven record-breaking investments worth 5,000 crore in life sciences innovation and AI-driven health care. Amgen has chosen Hyderabad for $200 million investment. MoUs signed with eminent Queensland universities from Australia, NHS and several pharma companies. The Future City also known as Fourth City, which is planned by the Future City Development Authority(FCDA) is India's first net-zero smart city, planned to setup at Srisailam highway with world-class infrastructure to ensure sustainable urban development. This consists Green Pharma city to enhance pharmaceutical industries and expand life sciences strength across the state and AI City with world class standards on 200 acres, in the Global AI summit 2024 about 26 MOUs have been signed to make Telangana as 'AI Hub', his city ensures huge boost in terms of economic growth. As this project is set to play a key role in positioning Telangana across the world with its proactive and innovative approach, Minister Sridhar Babu and his team made strategic and effective planning in bringing large amounts of investments and international collaborations. Recently, he said that the Telangana government has decided to train 2 lakh AI engineers in the next 2 years and build an AI university, at the launch of TGDeX. Sridhar Babu who also worked as the Minister for higher education under YS Reddy's cabinet, now actively making plans in order to increase the quality of education in the State. Particularly, key flagship initiative Young India Skill University, in which multiple delegations were held with the foreign countries to implement new education policies. Interestingly, Singapore Semiconductor Industry Association signed an MOU to increase the skill set among the students and to boost Telangana's semiconductor industry. Infrastructure development in government schools and integration of Artificial intelligence in training for teachers for effective learning, this shows the adaptation of technology according to the current circumstances. The main aim is to make Telangana as 'Skill Capital'. For the women empowerment under the name of Indira Mahila Shakti, free sewing machines were distributed in Manthani and WE hubs to nurture women-led enterprises in both urban and rural areas. Launched DEET (Digital Employment Exchange of Telangana) platform to access employment for the youth in tier-2 and tier-3 cities. MSME (Micro, Small and Medium Enterprises) parks to be set up at the district level. The state government's bold ambition to reach $1 trillion economy by 2035 and 3 trillion by 2047, Sridhar Babu paving way for the growth, skill development and employment generation with his innovative, visionary and futuristic approach to place Telangana State on top in education, IT and Industries.
Hans India
30-06-2025
- Business
- Hans India
Not just ‘Make in India', we call for ‘Invent in Telangana': Sridhar Babu
Hyderabad: 'Ourvision goes beyond 'Make in India'. Under the leadership of Chief Minister Revanth Reddy, the people's government of Telangana is focused on 'Invent in Telangana'—a bold mission that reflects our commitment to innovation-driven growth,' said Minister for IT and Industries, Duddilla Sridhar Babu. Addressing the valedictory session of the Industrial Innovation and Technology Expo (IITEX) 2025, organised by the Federation of Telangana Chambers of Commerce and Industry (FTCCI) at HITEX on Sunday, the Minister highlighted Telangana's focused efforts to transform into a global innovation hub. 'In the first quarter of the current financial year, Telangana's Index of Industrial Production (IIP) recorded a Compound Monthly Growth Rate (CMGR) of 2.9%, far surpassing the national average of just 0.52%. The state's Gross State Value Added (GSVA) from industry touched Rs 2.77 lakh crore in 2024–25. We also witnessed growth of 15.6% in power consumption, 9.8% in GST collections, and 13.9% in payroll enrollments—all of which point to robust industrial momentum.' 'Contrary to misinformation that industries are moving out of Telangana, the truth is the opposite: In just the last 18 months, we have attracted over Rs 3 lakh crore in investments, including Rs 40,000 crore in the Life Sciences sector alone. We have launched 150 new projects, creating employment for over 51,000 people directly and 1.5 lakh people indirectly,' the Minister said. To decentralize and balance industrial growth, Telangana is developing Future City, AI City, Life Sciences City, and Green Industrial Corridors, all adhering to international standards. Special zoning strategies are also underway: Inside the Outer Ring Road (ORR): Focus on technology and services zones; Between ORR and the Regional Ring Road (RRR): Manufacturing zones; Beyond RRR: Agricultural and Rural Innovation zones. 'These steps are part of a well-planned ecosystem designed for sustained economic expansion,' he added. Minister Sridhar Babu emphasized the government's focused efforts to strengthen Micro, Small, and Medium Enterprises (MSMEs), which form the backbone of India's economy. 'In the past 18 months alone, over 15,000 new MSMEs have been established in Telangana. Our goal is to increase MSMEs' contribution to Telangana's GSDP to 10%,' he said. To achieve this, a dedicated MSME policy has been formulated and is being actively implemented. The government is also developing MSME parks in every district, with priority support for women, SC, and ST entrepreneurs.
Hans India
25-06-2025
- Sport
- Hans India
Efforts on to transform TG into a global sports hub: Sridhar Babu
Hyderabad: Telangana is on a mission to emerge as a 'Global Sports Hub,' stated State Minister for IT and Industries, Duddilla Sridhar Babu, during the inauguration of the SLV Pro Badminton Stadium in the city on Tuesday. 'As part of our commitment to making Telangana shine on the global stage—especially at the 2036 Olympics—we have introduced a comprehensive new sports policy,' the Minister noted. 'There was a time when cricket dominated the public imagination. Today, that landscape is evolving. Parents and children alike are embracing diverse sports, and mindsets are shifting accordingly.' Sridhar Babu remarked, 'Hyderabad was once synonymous with biryani. Now, it's equally recognized for badminton.' He praised the legacy of world-class athletes like Pullela Gopichand, Saina Nehwal, PV Sindhu, Chirag Shetty, and Satwiksairaj, all of whom began their journey in Telangana. 'Inspired by these champions, many young children are now choosing badminton as a serious career path, representing India at national and international levels. Gopichand's contributions have been instrumental in making Hyderabad the badminton capital of India.' Underscoring the government's strong focus on sports, the Minister announced the establishment of the Young India Sports University, targeted for launch in 2026. 'We are also working to create sports grounds across every village panchayat and mandal headquarters. Soon, Telangana will host a FIFA-certified girls' football academy at Gachibowli.' He further added, 'Plans are underway to establish dedicated sports schools in each of the ten erstwhile districts of the state. Our efforts are aimed at identifying and nurturing talent from the grassroots. We are committed to creating opportunities, infrastructure, and mentorship for young athletes to thrive.' As President of the Badminton Association of Telangana, Sridhar Babu also emphasized the association's ongoing efforts to take badminton beyond Hyderabad into rural areas. He urged parents to encourage their children to pursue any sport they are passionate about, and to support them in developing their potential.
