Warangal: KT Rama Rao, the Minister for Municipal Administration, Industries, and IT, inaugurated the Quadrant Resource, a Data & Cloud Solution Company in Madikonda’s IT Park, Hanamkonda district, on Friday.
While aressing a public meeting after participating in various development programs in Warangal East Constituency, the minister criticised the BJP-led NDA Government for the rising prices of essential commodities. “I appeal to the people of Telangana to vote for the BJP in the next elections if they get Rs 15 lakh in their Jandhan accounts, as promised by the Prime Minister. Else, vote for the BRS the schemes implemented by Chief Minister K Chandrashekar Rao (KCR),” Rama Rao added after inagurating Rs 900 crore development initiative that will be boosting local employment and economic growth.
Taking a swipe at the Congres party for making false promises ahead of the polls, he said: “In what capacity, the Congress leaders are making allegations against the BRS who did nothing for farmers during the regime. They should stop shedding crocodile tears as the farmers are not going to believe them anymore.”
KTR also revealed that the Mamnoor airport is set to reopen soon, and listed some strategic advantages of Warangal for entrepreneurs and NRI investors. “Hyderabad to Warangal distance is only 160 kilometres; it’s not a big travel way for the NRI’s and other start-up companies,” he said. He also posted on X: Quadrant Technologies, headquartered in the USA, originally launched in Seattle, has now extended its presence across 12 countries and 18 cities, boasting a global team of 2000+ employees.
“This is a great opportunity for local employment. We are making efforts to establish more companies in Madikonda, and there is a chance to set up one more company in one or two days,” KTR said.
Several other IT companies like Cyient, Tech Mahindra, Kakatiya IT Solutions, and Ventois Software Solutions have already set up their units in Madikonda. “Cyient alone has offered employment to nearly 1,233 software professionals, while Tech Mahindra and Ventois Software Solutions have employed 150 and 29 professionals, respectively,” KTR said.
Quadrant Resource Chief Executive Officer K Vamshi Reddy, who hails from Warangal, said, “Even though I studied in Telugu medium, I went to the US and started a company. IT Minister K T Rama Rao had asked me to set up Quadrant Resources in Telangana,” he said.