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IT industry on growth path

Posted on : 19-12-2017 | Back | Print

Telangana’s IT sector was mainly driven by IT and ITeS companies set up in Hyderabad since the 1990s. The sector has played a vital role in putting India on the global map as almost 11 per cent of the nationwide IT exports are contributed by Hyderabad alone. After the formation of the State of Telangana, this sector has seen an upward surge after coming under the aegis of IT Minister K T Rama Rao. Under his Ministry, Telangana IT exports stood at Rs 85,470 crore in the year 2016-17 with a growth rate of 13.85 per cent.

Apart from India-born IT companies like Tech Mahindra, Infosys, Wipro, Cognizant, TCS, Hyderabad is also home to many multi-national companies like Google, CA Technologies, Amazon, Apple, IBM and others. “Our regime’s focus is to make Hyderabad the number one destination for IT sector,” Rama Rao has echoed time and again.

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