Sun Jan 12 01:54:56 UTC 2025: ## Ariqt Opens Global Innovation Hub in Hyderabad, Boosting India’s Tech Sector

**HYDERABAD, INDIA – January 12, 2025** – Netherlands-based tech company Ariqt has launched its global innovation hub in Hyderabad, marking its entry into the Indian market. The facility, inaugurated by Telangana’s IT and Industries Minister D. Sridhar Babu, will focus on AI solutions across various sectors, including fintech, agriculture, and cybersecurity.

Ariqt plans to employ over 300 engineers at the hub within the next two years. Minister Babu highlighted Telangana’s booming IT sector, citing $30 billion in annual exports, over 6,000 startups, and the establishment of numerous global capability centers in Hyderabad. He also announced the Young India Skills University, aimed at further strengthening the state’s skilled workforce.

Ariqt CEO Rupesh Kumar praised Hyderabad’s supportive ecosystem and government leadership as key factors in the company’s decision to establish its innovation hub in the city. The new facility will serve as a center for research and development, contributing to the growth of India’s technology sector.

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