Telangana

Telangana is the youngest state of India, and shows promise on various fronts. With a legacy of great economic policies and development in the area and by the state leadership, the environment for entrepreneurship in the State is very promising.

KEY INDUSTRIES / SECTORS:

Information Technology

Life Sciences

Precision Engineering

Tea

Automobiles and Auto Components

Handloon and Textiles

FMCG

POTENTIAL INDUSTRIES:

Prime Minister’s Employment Generation Program (PMEGP): This scheme was launched to generate employment opportunities in rural as well as urban areas of the country through setting up of new self- employment ventures/projects/micro enterprises. Read more here >

T-IDEA incentive scheme: Under the Telangana State Industrial Development and Entrepreneur Advancement scheme, the State Government will consider providing incentives to the entrepreneurs in the following areas:
– Stamp duty reimbursement
– Land cost rebate
– Land conversion cost
– Power cost reimbursement
– Investment subsidy
– VAT reimbursement
– Interest subsidy
– Seed capital for 1st generation entrepreneur
– Training and skill development cost reimbursement
– Quality/patent support
– Clean production measures
– Reimbursement of infrastructure development costs
Read more here >

Special Assistance to Women Entrepreneurs: The Telangana State Government will encourage women entrepreneurs in a big way. Each of the 9 districts of the state (excluding Hyderabad) will have one or more industrial parks exclusively for women. Organizations working for women entrepreneurs like COWE, ALEAP and FICCI-FLO will be invited to partner with the government to identify and train women entrepreneurs, get their project proposals developed, link them to financial institutions and handhold and monitor the progress of their projects. Read more here >

TS – iPASS: The TS-iPASS envisages providing complete clearance to set up industries within 15 days from the date of application. TSiPASS is aimed at single-widow clearance in 15 days. Read more here >

T-HUB (Incubator): T-Hub is a unique public/private partnership between the government of Telangana, 3 of India’s premier academic institutes (IIIT-H, ISB & NALSAR) and key private sector leaders. It stands at the intersection of the start-up, academic, corporate, research and government sectors. T-Hub is designed for technology-related start-ups. Read more here >

Telangana Academy for Skill & Knowledge – Technology Entrepreneurship Program: The TEP is tailored specifically for young engineering students. The tools this program provides are immensely beneficial both inside and outside of the business world. For those students who aspire to be entrepreneurs, it allows them to jumpstart that process by testing out and experimenting with ideas. Read more here >

Jawaharlal Nehru Technological University Hyderabad: Has set up an Entrepreneurship Development Cell. Read more here >

ISB-Technology Entrepreneurship Programme: Offers mentoring support to aspiring entrepreneurs together with development of relevant competencies. Read more here >

Osmania University College for Women – Certificate Courses in Entrepreneurship: The aim of the Certificate Course is to create awareness, instil confidence and motivate young students to look beyond seeking employment and being a mere job seeker to being an accomplished job provider. Read more here >

Mentoring/facilitating Organizations:

TEMPO (Telangana Entrepreneurs Motivational & Promotional Organisation) to motivate and promote entrepreneurship especially in the rural youth. Read more here >

District Industries Centers: District Industries Centres serve as nodal agencies to provide all required approvals/ clearances for setting up Industries under Single Window. The District Industries Centres are implementing agencies of MSMED Act and issue Entrepreneur Memorandum (EM) for Micro, Small and Medium Enterprises (MSME) besides maintaining effective liaison with various fi nancial institutions in arranging required credit facilities. Read more here >

In summary – Telangana and Entrepreneurship:

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To know more about how Telangana is building a vibrant entrepreneurship ecosystem, click here.

Data Sources for Entrepreneurship: 

Note: Policy details provided here are for the purpose of information only. Please verify the latest information from the relevant Government or MSME website of the state. Other data and information is curated from various websites and public documents. In case you have any corrections, additions, or suggestions, please share the same with us, and we’ll be happy to incorporate them here.