Latest news with #SridharBabu


New Indian Express
3 days ago
- Business
- New Indian Express
Govt will transform Telangana into skill capital of world: MoS Sridhar Babu
HYDERABAD: Union Minister of State for Skill Development and Entrepreneurship Jayant Chaudhary and IT Minister Sridhar Babu formally inaugurated a Mega Job & Loan Mela at PG Law College in Basheerbagh on Monday. The event was jointly organised by the Ministry of Skill Development & Entrepreneurship (Government of India) and the Department of Employment & Training (Government of Telangana). Speaking on the occasion, Sridhar Babu emphasised that the state government is committed to transforming Telangana into the skill capital of the world. He urged the Union minister to extend support for the development of the Young India Skill University. 'Our youth are Telangana's greatest strength,' the minister said. 'Yet many still lack the industry-ready skills needed in today's evolving job market. Our government, under the leadership of Chief Minister Revanth Reddy, has identified the skill gap between academia and industry and is actively working to bridge it.' 'We are designing curricula in collaboration with industry leaders and domain experts. As a result, nearly 80% of students trained through our Skill University programmes have already secured employment,' he added. The minister extended a personal invitation to Jayant Chaudhary to visit the Young India Skill University and reiterated Telangana's willingness to work closely with the Centre to enhance skill development across the country.


Hans India
4 days ago
- Business
- Hans India
Govt committed to transform TG into ‘Skill Capital of the Globe': Sridhar Babu
Hyderabad: State IT and Industries Minister D Sridhar Babu urged Union Minister for Skill Development Jayant Chaudhary to support the Young India Skills University. Sridhar Babu and the Union Minister participated in the 'Mega Job/Skill & Loan Mela' held in the city on Monday. Speaking on the occasion, Minister Sridhar Babu emphasised that the state government is committed to transforming the state into the 'Skill Capital of the Globe.' He urged the Union Minister to extend support for the development of the prestigious Young India Skill University, an ambitious initiative launched by the state to empower youth through industry-aligned skill education. 'Our youth are Telangana's greatest strength,' the Minister said. 'Yet, many still lack the industry-ready skills needed in today's evolving job market. Our government, under the leadership of Chief Minister Revanth Reddy, has identified the skill gap between academia and industry and is actively working to bridge it.' 'We believe in inclusive governance,' he added. 'We are designing curriculum in collaboration with industry leaders and domain experts. As a result, nearly 80% of students trained through our Skill University programs have already secured employment.' Encouraging the youth, he remarked: 'Each of you has immense potential. Evolve with the times, embrace new technologies, and stay resilient. Every setback is a step towards your goal.' The Minister extended a personal invitation to Jayant Chaudhary to visit the Young India Skill University and reiterated Telangana's willingness to work in close alignment with the Centre to enhance skill development across the nation.


Time of India
7 days ago
- Business
- Time of India
Telangana India's fastest growing state, keen on global collaborations: Sridhar Babu
1 2 3 Hyderabad: Telangana IT and industries minister D. Sridhar Babu urged global stakeholders to partner with Telangana, which has emerged as one of the fastest-growing states in the country, with a GDP of Rs 16.12 lakh crore at a growth rate of 10.1%—higher than the national average of 9.9% — in just a decade since its formation. Speaking at the Global Leaders' Summit 2025, he said per capita income in Telangana stands at Rs 3.79 lakh, which is nearly 1.8 times the national average. He also said the services sector now contributes 66.3% to the state's GDP as against the national average of 55%. He said in the past 18 months alone, the state attracted investments exceeding Rs 3 lakh crore, with just the life sciences sector drawing Rs 40,000 crore and creating over 2 lakh new jobs. "Many doubted whether Telangana could be formed — today, it is not just a reality, it is unstoppable. These are not just numbers, they are the reflection of a new Telangana — progressive, inclusive, and future-ready," Sridhar Babu said. Addressing delegates from around 25 countries, including Brazil, Germany, Russia, Cameroon, Malta, the UK, Bulgaria, Belgium and the UAE, he said: "While other states follow trends — Telangana creates them. So don't just come here to invest. Come to co-create. Be a part of a transformative journey." He said Telangana was keen to collaborate globally in areas such as agro-innovation, AI-driven governance, smart healthcare systems, digital farming, future-ready education, sustainable manufacturing, and clean energy. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .


The Hindu
13-06-2025
- Business
- The Hindu
Telangana keen on hosting global collaborations: Sridhar Babu
Agro-innovation, AI-driven governance, smart healthcare systems, digital farming, future-ready education, sustainable manufacturing and clean energy, are some of the areas Telangana is keen on hosting global collaborations, Industries and IT Minister D. Sridhar Babu said here on Friday. The Minister, who was addressing Global Leaders' Summit 2025 in which delegates from 25 countries participated, said this seeking to underscore how true partnerships go beyond finances with thrust on shared progress. 'That's why we aim to collaborate globally in a number of areas such as agro-innovation, and AI-driven governance...,' he told the gathering, while citing numbers that make Telangana and its progress an ideal partner. While other States tend to follow trends, Telangana is a pioneer, the Minister said, calling upon investors to 'come to co-create and be a part of a transformative journey.' He said that the State has emerged as a beacon of inclusive growth and good governance, with its GDP reaching ₹16.12 lakh crore, growing at a rate of 10.1%, surpassing the national average of 9.9%; per capita income at ₹3.79 lakh nearly 1.8 times the national average. In the past 18 months alone, Telangana attracted investments of more than ₹3 lakh crore. Life Sciences sector alone received ₹40,000 crore investments and generated more than 2 lakh new jobs. Services sector contributes 66.3% to the State's GDP compared to the national average of 55%. 'Telangana is unstoppable,' Mr. Sridhar Babu said. The Minister's office in a release said the 25 countries included Brazil, Germany, Russia, Cameroon, Malta, the UK, Bulgaria, Belgium, UAE and Dubai. He urged the foreign participants to spread the word on Telangana's business-friendly environment as also the incentives government extended to industries.


New Indian Express
13-06-2025
- Business
- New Indian Express
IT-driven Telangana focusing on green energy: Sridhar
HYDERABAD: Telangana is facing the challenge of balancing energy production and consumption while reducing emissions, IT & Industries Minister D Sridhar Babu said on Thursday. He pointed out that the growth of Artificial Intelligence (AI) and other emerging technologies was increasing the energy demand, particularly in data centres that require high power for faster processing. This, he said, called for the production of green and carbon-free energy. Sridhar Babu was speaking at the inauguration of GreenCo Summit 2025, organised by the CII GreenCo Council, at the Hyderabad International Convention Centre (HICC). The two-day summit, held on the theme 'Beyond Commitments: Scaling Net Zero Action for 2030 and Beyond,' brought together over 1,000 delegates from India and abroad to discuss industrial sustainability and green innovation. The summit provided a platform for industry leaders, policymakers, technology providers and environmental professionals to exchange ideas and discuss key themes such as net-zero strategies, decarbonisation pathways, ESG integration and circular economy practices. More than 100 speakers who spoke on these topics underscored the role of Indian industry in achieving climate goals. Sridhar Babu said the state government was framing policies with future generations in mind, but stressed that collective effort from industries and startups is essential for driving environmental change. Commenting on the country's changing weather patterns, he said the climate crisis was no longer a distant threat but a present challenge. 'We are experiencing extreme weather, such as unseasonal rains in summer and unusual heat in December. These are clear warnings of the challenges ahead,' he pointed out.