Software industry in Telangana

The Indian state of Telangana has a significant amount of software export in India. While the majority of the industry is concentrated in Hyderabad, other cities are also becoming significant IT destinations in the state. In Hyderabad, the central region of the business happens in HITEC City, in the Madhapur suburb. Development of HITEC City prompted several IT and ITES companies to set up operations in the city, and has led civic boosters to call their city "Cyberabad." There have been extensive investments in digital infrastructure in Telangana. As of 2020, Hyderabad has 600,000 employees in the IT/ITES sector, working in more than 1500 companies.[1][2][3][4]

Cyber Towers, HITEC City, Hyderabad.

The IT exports from Hyderabad (Telangana) stood second in the country at ₹128,807 crore (US$ 15 billion) in FY 2019-18 improving from previous year ₹109,219 crore ($14 billion, 17.93% CAGR) in FY 2018-19.[5][6]

HITEC City
Qualcomm building in Raheja Mindspace

The IT industry got a major push By setting up Larsen & Tubro with policy maker APIIC built a special economic zone called Hyderabad Information Technology Engineering Consultancy City or simply HITEC City. It started the era of Software & IT in Hyderabad.

Telangana IT policy

The initiation of this Software Industry in Hyderabad was done in parallel to other major cities in India in the early 1990s. Present Telangana Chief Minister, K. Chandrasekhar Rao (KCR) created the Telangana IT policy 2016. However, before that HITEC City was built in Cyberabad (Rangareddy Dist.). The foundation stone was laid for HITEC City in 1991 by then Andhra Pradesh Chief Minister N. Janardhana Reddy.

IT Industry in Warangal

In February 2016, Telangana IT Minister K. T. Rama Rao laid the foundation stone for IT incubation centre at Madikonda, Warangal.[7] In January 2020, two major companies namely Tech Mahindra and Cyient have inaugurated their campuses employing about 2,000 people.[8]

See also

References
  1. "Lay-offs loom over IT/ ITES sector in Hyderabad, Telangana govt".
  2. "IT staff strength in Telangana to double to 10 lakh in 3-4 years".
  3. "Hyderabad overtakes Bengaluru in IT office space occupation".
  4. "Hyderabad IT companies told to gradually ramp up operations".
  5. "Telangana records 17.93 % growth in IT sector". The Times of India. 21 May 2020. Retrieved 21 May 2020.
  6. "Telangana IT exports race past Rs 1 lakh crore". The Times of India. Retrieved 25 March 2018.
  7. "KT Rama Rao inaugurates first IT company at Warangal". Deccan Chronicle. 20 February 2016. Retrieved 26 June 2020.
  8. "Watch: Warangal is now home to two major IT companies". Telangana Today. Retrieved 26 June 2020.
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