The IT Minister K.T. Rama Rao, rued the lack of entrepreneurial culture among students in the State and said the government would encourage students with ideas by setting up India’s biggest Incubator in the city within six months.
Students with ideas can just walk in and the Incubator would provide necessary support to transform the ideas into business, he said, speaking at the Graduation Ceremony of Muffakham Jah College of Engineering and Technology.
He claimed that Facebook and Whats App were no great intelligent ideas but simple thoughts that now connect the world. He said Hyderabad lagged behind Bangalore in IT exports despite having similar talent pool and this was due to lack of technology eco-system, and the government was committed to create such environment.
Mr. Rao wanted the IT giants in the city to adopt 1,000 students each, from third year of engineering and improve their soft and personal skills so that they turn into employable graduates from day one. The government on its part was setting up Telangana Academy of Skills and Knowledge for similar job, he said and reiterated the Hyderabad would be made the first Wi-Fi city in the country.
Stating that software exports from Hyderabad increased 15 per cent last year touching Rs. 56,000 crore and the city will remain the growth engine. In order to attract IT companies, he said more lifestyle events would be held in Hyderabad. “At the same time Hyderabad’s culture will be retained intact,” he said.
About 630 graduates received their certificates at the ceremony that was also addressed by the OU Vice-Chancellor S. Satyanarayana, Zafar Javed, honorary secretary, Sultan-Ul-Uloom Education Society (SUES) and Khan Lateef Mohammed Khan, SUES. The UPSC 80 ranker and college alumnus, Musharraf Ali Farooqui also spoke.
