IT & Industries Minister of Telangana, Duddilla Sridhar Babu, announced that Centillion Networks’ subsidiary, HC Robotics, is set to invest ₹500 crore, further solidifying Telangana’s position as a tech and innovation hub.
Interacting with media here on Friday, the Minister said, “With its headquarters in Hyderabad, Centillion Networks and HC Robotics operate in nine countries, specialising in drone technology, drone software, telecommunications, robotics, and aerospace software development.”
Currently, the company employs 2,000 professionals, and with an additional ₹500 crore investment, they are poised to create 500 new jobs this year, with employment opportunities expanding to 2,000 over the next three years, he said.
The Minister also said that until now, IT investments in Telangana have largely been concentrated in Hyderabad, however, the State government is determined to extend opportunities to talented youth in rural and semi-urban areas.
“We are committed to expanding IT industries beyond Hyderabad into Tier-2 and Tier-3 cities. This initiative ensures that young professionals from smaller towns also get access to high-quality employment opportunities. As part of this vision, we are actively encouraging industrialists to invest in these regions. Centillion Networks has already launched operations in Karimnagar, and several other companies are following suit,” the Minister said.
He talked about the government’s strong support for small and medium enterprises (SMEs), acknowledging the challenges they face. “Pending incentives amounting to ₹4,500 crore have been stuck since 2016. Since assuming office, we have prioritised clearing these dues,” he said.
“Of the 18 MoUs signed at Davos last year, 17 are already in motion, and 10 have achieved over 50 per cent implementation. This year, we have secured agreements for investments worth a staggering ₹1.8 lakh crore. Unlike the opposition, which indulges in baseless propaganda and fear-mongering, we are actively working to convert these agreements into reality,” the Minister said.