Hyderabad IT sector overtakes Bengaluru: KTR

One of the biggest factors that have helped Hyderabad to make its mark on the world map is its booming IT industrial sector. Hyderabad’s IT industry is now regarded as a hub of innovators providing world-class technology solutions.

Now, companies like Apple, Google, Facebook, and Amazon hose Hyderabad as their top priority and particularly, over Bengaluru, which is a strong competitor in IT. Various international organizations have set up their offices here in Hyderabad and it is indeed remarkable. The IT minister KTR has stated the same proudly, directing the knowledge-driven economy under his leadership.

“The state has achieved a 17% growth rate that shows al the sectors are growing at a fast pace. More than 5 lakh employees have been marked working in IT sector. Before Telangana formation, it was 3 lakh. Now, the state has created 12,67,000 jobs by TS-ipass,” quoted KTR. Well, one cannot deny that Hyderabad has indeed excelled in terms of Global footprints and growing demands in IT.