Foundation stone laid for Cyient facility in Warangal

Leading information technology firm Cyient on Friday launched the work on technology development center in Warangal town of Telangana.

Information Technology Minister K.T. Rama Rao laid foundation stone for the facility coming up on five acres and expected to provide 1,000 jobs in 18 to 24 months.

With 70,000 square feet space, the development centre is being established in Madikonda Special Economic Zone (SEZ) of the Telangana State Industrial Infrastructure Corporation (TSIIC).

The facility will focus on advanced geographic information systems (GIS), remote sensing, and photogrammetry technologies, catering to a host of solutions for the transportation (navigation), utilities, and communications sectors.

The centre will have world-class spatial data analytics solutions to address the requirements of specialized geospatial data processing services, using light detection and ranging (LiDAR) and other point cloud technologies, the company said.

The facility will support Cyient's worldwide digital technology initiatives, including those in IoT, big data analytics, and smart cities, and cater to the company's global clients.

The facility will commence operations in April this year from the IT incubation tower of TSIIC, which was also inaugurated by the minister.

Deputy Chief Minister Kadiam Srihari and Cyient's founder and executive chairman B.V.R. Mohan Reddy attended the ceremony.

Rama Rao lauded Cyient for taking a lead in taking IT beyond Hyderabad to tier-II cities and termed it as a historic event. He pointed out that Cyient has presence in 32 countries with 13,000 to 14,000 employees including 7,000 in Hyderabad.

He hoped that this development will pave way for development of the second important city in Telangana and provide employment to local youth.

He said with just two-hour drive from Hyderabad and presence of National Institute of Technology (NIT) and 16 engineering colleges, Warangal had the potential to become another Pune or Mysuru.

Two IT companies would soon set up their operations in Nizamabad and Karimnagar towns, he added.

The deputy chief minister hoped that Mohan Reddy in his role as chairman of Nasscom will help in bringing IT majors to Warangal and other tier-II cities.

Mohan Reddy said the centre in Warangal will help accelerate socio-economic development of the region.He said this will be the fourth technology development centre in tier-2 cities, for Cyient.