The State Government is embarking upon drafting a comprehensive policy for setting up global capability centres (GCCs) in the State by reputed global companies.

Chief Minister A. Revanth Reddy has asked the Industries and Infrastructure department officials to formulate a policy so that the companies opting to establish their units beyond the Core Urban Regional Economy (CURE) are encouraged and incentivised. Setting up of GCCs classified as CURE and beyond CURE along the national highways connecting Nizamabad, Karimnagar and Warangal should be encouraged.

He wanted a few clusters to be identified beyond CURE with a view to decentralising GCCs to Tier-II and III locations so that underserved areas along the highways could be promoted for setting up GCCs as well as data centres. He wanted net zero principles with highest global standards to be followed in undertaking works in the Bharat Future City.

Government would hold consultations with the Centre for setting up one of the five regional medical hubs announced during the Union Budget recently, in the Health City under BFC. “If needed, I will take this up with the Prime Minister Narendra Modi,” he said.

Officials were asked to accelerate the works in the proposed AI City in BFC, after studying the best of practices in creating AI infrastructure across the world. They should make sure that works in BFC were expedited so that the foundation stone laying for various facilities in the industrial corridor of BFC is held. He directed officials to encourage all companies getting land allotment in BFC to sign MoUs towards skilling and certification of the workforce to serve their talent needs.

He recommended creation of a dedicated investment promotion agency ‘Invest Telangana’ adopting best practices from other states with a governance structure to cater to end to end solution for the investors and companies. Senior officials of departments like Energy and Finance be designated as ‘Special Invitees’ for smooth clearances and operations, while officials from the IT and Industries departments would serve as regular appointees.

A society would be formed for ‘Invest Telangana’, and the structure would be designed in such a way that it was a vibrant, dynamic functioning agency for aggressive investment promotion for the state. The CM suggested that an escort officer be dedicated to cater to end to end needs of prospective organisations, right from arrival in Hyderabad to grounding of operations.

The CM also instructed officials to chalk out a plan to ensure all government offices in the State shift to the usage of T-Fiber internet connection. Officials informed that orders worth ₹54 crore were secured in the last six months from government offices which shifted to T-Fiber internet.