Policies

At present, Telangana State contributes 12% share to the Country’s IT exports and ranks 4th in the Country in terms of revenues from the IT sector. The IT exports from the state contribute to about 49% of total exports from all sectors in the state.

Vision: The objective of the ICT Policy 2016 is to make “Telangana the most preferred technology investment destination in the Country”.

Focus Areas and Initiatives: In order to achieve the above goals for the IT department, the Government plans to flow down the objectives in the following key focus areas for expanding IT/ITES sector in the state:

• Attract investments for infrastructure: To create a state-of-the-art and affordable ICT infrastructure that enables the “Walk to Work” environment for new and existing IT/ITES units to thrive and grow.

Common Incentives for all Companies:

• Allotment of Government land at conditions applicable
• Power supplied at Industrial Category rate and special benefits for green initiatives
• Stamp duty reimbursement
• Support to patent Filing Costs / Copy Right / Trademark
• Support to Quality Certification

Click here for IT Policy and Policies of Electronic, Innovation, Cyber Security, IoT, E-Waste Management sectors, etc.

The incentives are provided under five major heads:

• Capital Assistance
• Operational Assistance
• Infrastructure Support
• Capacity building and Skill development Support
• Fiber to Fabric incentive

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The Aim of the food processing policy is:

• Creation, Modernization and Expansion of Food Processing Units.
• Development of Processing Clusters in the State.
• Development of New Food Parks and Promotion of New and Existing Food Parks.
• Development of Logistics and Supply Chain Infrastructure for Food Produce.
• Support for Mega Projects in Food Processing Industries.
• Promotion of Innovation of Industry Best Practices.

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Website link: Telangana State Food Processing Society

Govt of Telangana initiatives:

• Adequate number of smaller plots in Industrial parks for SMEs; developed sheds for Micro units
• Special fund for addressing Incipient Sickness
• Special fund for IP registrations assistance
• Special fund for anti-pirating assistance
• Special fund for technology transfer and modernization to MSME sector
• Reimbursement of land conversion charges for units in own land, subject to an upper limit
• Marketing assistance to participate in national and international trade shows and buyer-seller meets
• Decentralized procedure for issue of licenses and permissions to Micro enterprises at the level of Industrial Promotion Officers (IPOs)
• Separate State Level Bankers Committee (SLBC) for industries, particularly SMEs
• Consultant panel to respond to MSME entrepreneur needs

The Government of Telangana is promoting the Life Sciences sector through a comprehensive policy covering the entire range of Life Sciences including biotechnology, pharma, nutraceuticals, and medical devices. This is unlike the scenario in other states which just have sub sectoral policies. The present policy has the following objectives:

1. Enhancing the competitiveness of the sector through appropriate policy to make Telangana the most preferred destination for life science activities,
2. Attracting new investments worth Rupees 20,000 crore (approximately USD 3 billion) in the sector by 2020,
3. The state proposes to capture 20 percent share of the $100 billion market opportunity of India by 2025 with $13.5 billion shares by 2020,
4. Exports target of Rupees 50,000 crores by 2020,
5. Creating an additional employment opportunity for 50,000 skilled personnel in the sector
6. Promoting applied R&D and innovation through bridging the gap between industry, academia, and R&D institutions
7. Promotion and strengthening of quality infrastructure

The policy document is available here.