Telangana Information Technology Minister K Tarakarama Rao on Friday promised to create 5 lakh new jobs in the IT sector.
Addressing a group of IT experts who called on him at the State Secretariat, KTR described Hyderabad as an established IT hub, and said it had huge potential for growth and expansion.
He said that a new IT policy would be framed to attract new investments to the sector.
He added that the TRS government planned to meet the industry bodies after the Assembly session to chalk out the future plans.
KTR also said that the government also planned to boost investments in the pharma and biotechnology sectors.
Further, the application of IT in natural resources would also be worked out. (INN)