Netherlands-based company Ariqt has opened its global innovation hub in Hyderabad, marking its entry into the Indian market. Inaugurated by Telangana’s IT and Industries Minister D. Sridhar Babu, the hub will focus on AI-driven solutions for industries like fintech, agriculture, sports, and cybersecurity. Ariqt plans to grow its workforce to over 300 engineers within two years, boosting the region’s reputation as a tech and innovation leader.
Telangana’s IT Ecosystem on the Rise
Speaking at the event, Minister Sridhar Babu highlighted Telangana’s impressive achievements in the IT sector. The State exports IT products worth $30 billion annually and is home to over 6,000 startups and 1,500 software SMEs. The government’s initiatives, including the creation of the Young India Skills University, aim to nurture skilled talent to meet the demands of a rapidly evolving industry.
AI Solutions for Global Impact
Ariqt’s innovation hub will be a center for research and development, focusing on AI-powered solutions for industries worldwide. CEO Rupesh Kumar praised Hyderabad’s robust tech ecosystem and government support, emphasizing the city as the ideal base for innovation and global growth.
Strengthening India’s Tech Leadership
The launch of Ariqt’s global innovation hub highlights Hyderabad’s growing appeal to global firms and its pivotal role in shaping the future of technology and AI solutions.
