With the improvement in the infrastructure in Hyderabad, many new IT giants are coming to the city to set their shops said the Minister for IT KT Rama Rao. The existing IT companies are also on the expansion mode and thereby the employment will go up he said.Hyderabad has become the ultimate destination for any business units he stated. Power, water and all other infrastructure apart from the Law and order are being improved in every manner he explained.
He was speaking at a review with the officials today.The IT sector is expanding on all the 4 sides of the city he said. Our average on the IT sector is better than the National average the Minister revealed. The basic infrastructure for setting up the IT units should be in place even before the units are set up he opined. He advised the officials to come up with a detailed action plan for the same.
Lakhs of Jobs will be coming in this sector in the coming 5 years he predicted. Telangana and Jharkhand have done well in the reforms process according to the centre. Warangal is also slowly turning into an IT hub in a phased manner KTR explained. The development must reach all the sides and should not confine to Gachibowli area he opined.