The Telangana government has signed an agreement to support startups. On Tuesday, T-Hub partnered with Brazil’s GOIAS Hub by signing a Memorandum of Understanding (MoU) to establish an international startup collaboration.
Chief Minister A. Revanth Reddy and IT Minister Sridhar Babu met with representatives from GOIAS Hub at HICC. After discussions, T-Hub Foundation CEO Sujith and GOIAS State Science, Technology, and Innovation Secretary Jose Frederico Lyra Netto signed the agreement.
According to the MoU, startups from Telangana will have opportunities to expand in Brazil, while Brazilian startups can start operations in Telangana. Both governments will work together in key fields such as Artificial Intelligence, IT, Agri-Tech, Healthcare, Biotech, and Mining.
T-Hub and GOIAS Hub will also collaborate on market access, incubation programs, technology sharing, and investment opportunities. This partnership will strengthen ties between India and Brazil and contribute to the growth of the startup ecosystem in both regions.