Telangana Beats Andhra Pradesh 27 Year Record in IT Exports by reaching 2.41 Lakh Crores
According to state information technology and industries minister K T Rama Rao, telangana recorded the highest-ever software exports to the tune of $2,41,275 crore during the fiscal year 2022–23, which is more than five times the total IT exports of the combined andhra pradesh in 27 years.
KTR responded to a query during the second of the state assembly's monsoon session by stating that Begumpet was the site of Hyderabad's first IT tower when andhra pradesh was joined in 1987. "When telangana state was established in 2014, the state's IT exports totaled 56,000 crore between 1987 and that year. The IT industry in telangana has grown fourfold over the past nine years under the Bharat Rashtra Samithi administration, he said.
According to data from software technology Parks of india (STPI) and NASSCOM, the state recorded IT exports to the tune of 2,41,275 crore during the fiscal year 2022–23, an increase of 57,706 crore compared to the previous fiscal 2021–22, the highest annual rise of 31.4 per cent.
Since Telangana's creation, more than six lakh IT jobs have been created there, according to ktr, and major IT firms have erected their largest campuses with top-notch amenities in Hyderabad. "Hyderabad is now the city with the most IT employment in the nation. telangana produces around 44% of the technology-related employment created in the nation, he added.
The holistic development of Telangana's cities and towns depends on luring industrial investments. Additionally, measures are being conducted to extend IT to Tier II cities in the State with top-notch facilities in order to create jobs for young people, according to KTR. ktr made reference to the present unrest in haryana and Manipur when he said that telangana has been successful in luring investments because of a stable administration and capable leadership that is maintaining a quiet and welcoming environment.
KTR responded to a query during the second of the state assembly's monsoon session by stating that Begumpet was the site of Hyderabad's first IT tower when andhra pradesh was joined in 1987. "When telangana state was established in 2014, the state's IT exports totaled 56,000 crore between 1987 and that year. The IT industry in telangana has grown fourfold over the past nine years under the Bharat Rashtra Samithi administration, he said.
According to data from software technology Parks of india (STPI) and NASSCOM, the state recorded IT exports to the tune of 2,41,275 crore during the fiscal year 2022–23, an increase of 57,706 crore compared to the previous fiscal 2021–22, the highest annual rise of 31.4 per cent.
Since Telangana's creation, more than six lakh IT jobs have been created there, according to ktr, and major IT firms have erected their largest campuses with top-notch amenities in Hyderabad. "Hyderabad is now the city with the most IT employment in the nation. telangana produces around 44% of the technology-related employment created in the nation, he added.
The holistic development of Telangana's cities and towns depends on luring industrial investments. Additionally, measures are being conducted to extend IT to Tier II cities in the State with top-notch facilities in order to create jobs for young people, according to KTR. ktr made reference to the present unrest in haryana and Manipur when he said that telangana has been successful in luring investments because of a stable administration and capable leadership that is maintaining a quiet and welcoming environment.
Telangana has no such caste- or religion-related issues, he claimed. "We are seeing different indian states. Exactly what is going on in Haryana? gurgaon is a fantastic IT hub. The individuals that are there are ruining it, stirring up conflict in the name of religion, and engaging in really nasty behaviour that forces people to depart, he claimed.