Emerging tech to help Telangana become a $1 trillion economy: IT Minister

Our Bureau Updated - December 13, 2024 at 10:22 PM.

According to Babu, sectors such as AI semiconductors and quantum computing would help the State to achieve the target

D Sridhar Babu, Telangana IT and Industries Minister 

Telangana, which has set its sights on achieving a $1-trillion economy within the next decade, has said that focusing on emerging sectors such as AI semiconductors and quantum computing would help the State to achieve the target, according to Telangana IT and Industries Minister D Sridhar Babu.

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Addressing the IAMPHENOM India conference here on Friday, he said the government was committed to developing talent through initiatives like Young India Skills University.

The university is aimed at equipping the workforce with the skills needed for the future. He highlighted the crucial role of organisations like Phenom, a Hyderabad-based AI start-up, in creating smarter workplaces and fostering individual growth. 

Bringing together over 500 senior HR professionals, CXOs, CHROs, and thought leaders, the event discussed the current trends in the talent development space.

“With IAMPHENOM India, we’re not just showcasing AI’s potential—we’re creating a transformative ecosystem for HR leaders to unlock productivity and drive meaningful business outcomes,” Mahe Bayireddi, CEO and Co-founder of Phenom, said.

Published on December 13, 2024 16:33

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