Telangana IT and Industries Minister KT Rama Rao said technology and innovation don’t happen in isolation. “You need to get all stakeholders — investors, policymakers, entrepreneurs and academicians — under one roof,” he said.

“We have to collaborate, work together and we have to ensure that there is no duplication of effort. The IT industry in Telangana has reported ₹2.41-lakh crore in 2022-23 against ₹56,000 crore in 2014-15 when the State was formed,” he said.

Addressing the Innovation Summit to mark the first anniversary of start-up ecosystem enabler T-Hub here on Thursday, he related how it was ideated after the formation of Telangana as part of the new government’s plan to develop the IT industry.

“We have just made a beginning in the last nine years. The potential for T-Hub is immense and the work it has done would unfold in the coming years,” he said.

Stating that Telangana is a start-up State, he said several young entrepreneurs have emerged as poster boys of success in the innovation ecosystem. 

Startup ecosystem player T-Hub has organised an Innovation Summit to mark the first anniversary of its 2.0 version. Though it was started in 2015, a year after the formation of Telangana, with an aim to promote startups and startup ecosystem, T-Hub gets its own swanky building last year at Raidurg right in the midst of the IT hub of Hyderabad.

Touted to be the world’s largest incubator, T-Hub has emerged as a poster boy of India’s startup ecosystem. The Telangana Government roped in the International Institute of Information Technology (IIIT-Hyderabad), the Indian School of Business (ISB), and the National Academy of Legal Studies and Research (NALSAR) to build the incubator.

With veterans from the IT industry and academia such as B V R Mohan Reddy (Founder of Cyient Limited), Srini Raju (Chairman of iLabs Group), P J Narayanan (Professor and Director - IIIT-H), Sashi Reddi (Managing Partner - SRI Capital), and Madan Pillutla (Dean of ISB) on its board, T-Hub has emerged as a unique model in the country that acted as a catalyst in the growth of startup ecosystem.

Besides organising cohorts on its own, it ties up with corporates, foreign governments and industry associations to organise domain-specific accelerators, giving market access to domestic and international start-ups. Seeing value in this model, several State governments have sought the help of T-Hub to replicate the model in their respective States.

“We have provided access to better technology, talent, mentors, customers, corporates, investors, and government agencies for over 2,000 national and international startups,” M Srinivasa Rao, the CEO of T-Hub, has said.

The second edition of the Innovation Summit was held with the theme – Gladiators of the Mind, which witnessed see top scientists – Louise Leakey (Paleoanthropologist from Kenya), Anil Seth (Neuroscientist from the United Kingdom), and Marcus du Sautoy (mathematician from the UK). Louise Leakey spoke on how they traced the fossil remains of human ancestors, how they trained teams of fossil hunters, and how they used drones to search and identify fossil remains. “It is incredibly difficult to find them,” she said.

Anil Seth said neuroscience always occupied an unrivaled space in the scientific imagination and also in the human imagination because it involved the study of “the greatest mystery by far known to the species, which is our brain”. Innovation Summit

Jayesh Ranjan, Principal Secretary (IT and Industries, Govt of Telangana), has said that the Innovation Summit will be an annual event from June 28 to July 6.