The IT tower next to Rajiv Road in Nagulabanda, near Siddipet town, was opened on Thursday by Telangana state Finance Minister Harish Rao and IT Minister KTR. They said that the tower will provide jobs for 1500 people in Siddipet. KTR also said that they will bring more industries to the area and expand the IT hub by giving more money. The tower was built on 3 acres of land for Rs.63 crores and has four floors. It was started on December 10, 2020, and agreements with companies were signed on the same day. Companies who participate will get free maintenance, rent, electricity, and internet bills for two years.
