Taking another step to make Hyderabad the country’s startup capital, the Telangana government along with Software Technology Parks of India (STPI) has launched an incubation facility for startups, particularly in gaming and animation.
Spread over 30,000 square feet in Hitec City, the IT hub, the facility has been developed at a cost of Rs 8 crore, said STPI, director, CVD Ramprasad.
Innovation in Multimedia, Animation, Gaming & Entertainment (IMAGE), as the facility is known, can seat 232 startups/new companies in the sector. To work under the umbrella of T-Hub, the facility will create the eco-system for the new players.
The launch came exactly a month after inauguration of T-Hub, billed as the largest technology incubator in the country. Inaugurating the facility, Telangana information technology minister K Taraka Rama Rao said this was the first step towards developing a gaming and animation city.
He said an international conference on gaming, animation, multimedia and visual effects will be held in February next year.
The proposed facility will attract best of the players from across the world. He said with 70,000 square feet T-Hub, the city now has one lakh square feet space for startups. Microsoft CEO, Satya Nadella, is expected to visit Hyderabad later this month and launch new policies during his visit to T-Hub, the country’s largest incubation centre on 28 December.
“We are planning to hold a big event during Nadella’s visit. We have also requested him to unveil four new policies,” IT Minister K T Rama Rao told media after inaugurating incubation centre for gaming and animation startups here. He said as the next wave of growth to come from innovation, the government is laying greater emphasis on it.
The initiatives to be unveiled include new policies for IT, innovation and startups, Innovation in Multimedia, Animation, Gaming & Entertainment (IMAGE) and Electronic System Design Manufacturing (ESDM) police which focuses on hardware sector. In addition, Nadella will also address representatives from startups as well as IT sector during his visit to T-Hub.
“Hyderabad will become startup capital of the country in real terms. There is no other city which is promoting startups, innovation and entrepreneurship in such a big way,” he said.
Previously too, the central government has been very vocal about developing India as a creative hub and set up a centre of excellence for gaming and animation in Arunachal Pradesh announced during last year’s budget and NASSCOM’s 10,000 start-ups incubating the entrepreneurs across the country. With IMAGE and T-Hub in Hyderabad, it certainly good times for professionals who want to be part of this up and coming creative industry.