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Tata Sons Chairman Emeritus Ratan Tata today said that “the T-Hub was the new face of India”.
Set up with an investment of ₹40 crore, the first phase of T-Hub would house 300 start-ups and can seat 800 employees. The Indian School of Business, International Institute of Information Technology (Hyderabad) and National Law University, Nalsar, are also associated with the hub.
Addressing a press conference here on Thursday after inaugurating the start-up incubator T-Hub, Ratan Tata said: “India was not recognised as an enterprising country in technology. It is time we unleashed the Indian tiger. We need to support start-ups with all our resources. I will be there to support the young engineers and scientists,” he said.
Earlier addressing the start-up and student community, he said, “the next wave of start-up innovations would be in the areas of healthcare and life-sciences.
“It, however, doesn’t mean that what we are doing here in India now would become obsolete.”
“This is the biggest start-up incubator in the country. We, at Nasscom, would work with it to bring in the benchmark ecosystem,” Nasscom Chairman BVR Mohan Reddy, who is also on the Board of Directors of T-Hub, said.
The hub has signed MoUs with Nasscom and the Internet and Mobile Association of India (IAMAI) that would bring in 10X accelerator to Hyderabad.
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