Hyderabad Has Beaten Bengaluru In IT: KTR

Minister for IT and Industries K T Rama Rao today said that Telangana had been making tremendous progress in the IT sector since the formation of the State, and that of all the IT employees in India, 20% belonged to Telangana.

Addressing IT industry representatives, Rao said that Telangana had over created over 40,000 jobs in the IT sector during the last two years, and that Hyderabad had beaten Bengaluru in terms of creating employment and in office space absorption as well, and was now the best destination for investments in the country.

Quoting statistics released by NASSCOM, the minister said that over 4.50 lakh jobs had been created in India in the IT sector last year, and that of those Hyderabad had created 1.5 lakh jobs, beating Bengaluru, which had created 1.46 lakh jobs.

Claiming that efforts were being made to improve the infrastructure in the IT sector, he said that the T-Fiber initiative to extend 100 Mbps connectivity to 10 million households would be completed this year, and that similarly T-Works, the largest prototyping facility, would be inaugurated in the first quarter.

In addition, through T-Hub, the State government had developed an innovation ecosystem which was yielding excellent results, KTR said. Recently, a company named Skyroot that had been incubated at T-Hub had launched its rocket into orbit successfully in its first attempt. Similarly, another start-up named Dhruva had also launched nano satellites into orbit successfully, he said.

Principal Secretary of IT Jayesh Ranjan and others were present.