People across the country find Hyderabad an affordable city. The IT people and other employees choose Hyderabad as the first destination to work.
At the same time, Hyderabad became a natural choice for the IT majors. It has become a critical national and international IT hub. Hyderabad has several congenial factors to further fuel growth in the IT sector.The Law and Order is in control and that makes all the difference for the people to step in Hyderabad.
While other cities in the country are finding it difficult to forge ahead in terms of expansion, the TS Government is planning to create more IT Hubs on the outskirts of Hyderabad and also in other parts of Telangana.
TS is an innovation capital and initiatives like the T-Hub, T-Works and WeHub focus and engages with youngsters from across the country.
The government under the dynamic leadership of KCR and KTR is making efforts to bring IT services companies to set up operations in Tier 2 cities like Siddipet and Ramagundam. This will be cost effective for companies and on the other hand create local employment, said IT Minister KT Rama Rao.
It has earned a global reputation as a cosmopolitan city that is known for its assimilative cultural ethos. The presence of leading national research and academic institutions have provided the right ecosystem for the growth of this knowledge-intensive sector.
The government is pushing the city in all ways and putting remarkable efforts to make Hyderabad the next Silicon Valley. Global e-commerce firm Amazon chose Hyderabad as the home for its largest warehouse, which is capable of storing 2 million products. Uber is setting up a state-of-the-art facility in Hyderabad, which will eventually be its largest international office with an investment of $49 Million.
A joint venture of Boeing and Tata established an Aerospace facility in Hyderabad.
Life sciences, healthcare, information technology, aerospace, defence, logistics and food processing continue to remain the mainstay of Telangana. AI, data analytics, IoT, robotics, blockchain, drones, gaming, animation, VFX and the homegrown Tollywood industry have been doing well in the State. A lot of OTT platforms have been creating content in Hyderabad.
