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States » South

TITA inks MoU with IIIT-Basar in innovation, Start-Up sectors

Hyderabad, May 29 (UNI) Telangana Information Technology Association (TITA) has undergone Memorandum of understanding (MoU) for providing opportunities to the Students, who are interested to initiate the new Start- Ups.
As a part of the MoU, IIIT Vice-Chancellor Ashok and TITA Global President Sundeep Kumar Makthala, have exchanged the MoU documents here on Wednesday.
Under the MoU, TITA has decided to establish two incubation centers in the Innovation Sector at IIIT (Basara) under the guidance of Telangana Innovation and Incubation Center.
The two incubation centers are -- Industry Incubation center is for the companies, who are already providing their services and in thrust of extension of services with the partnership of the students; Start-Up Incubation center for the students, who are ready to work for innovations in their interested field.
As TITA aspires for the development of Rural Students along with the Students of Hyderabad, it is also aspiring to create an environment which will provide employment rather than seeking employment.

The activities of Japan’s Safe Trace Hub and Voice of Digithon have already taken place keeping the IIIT, Basara at center.
The students, who get opportunity in Industry Incubation Center have an opportunity to earn while continuing their studies and this MoU creates such an environment.
Speaking on the occasion, Dr Ashok Kumar said that IIIT, Basara have conducted many programmes under the guidance of TITA.
He also recalled that TITA’s role in Digital Basara, and he stressed the students, who trained in National Academy of Construction are provided with Rs 2.5 Lakhs and the present MoU gives more opportunities to the students and also for campus selections of various companies.
Sundeep Kumar while addressing the meet, said that they are going to arrange sessions with international start-ups to inculcate the trend of entrepreneurs among the students on weekly basis.
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