Telangana leads in IT sector

By Newsmeter Network  Published on  22 Sep 2019 9:52 AM GMT
Telangana leads in IT sector

Hyderabad: The Pearl City has been leading the domestic IT industry and has surpassed Bengaluru in office space, according to Telangana Industries and IT minister K.T. Rama Rao. The number of people employed in the Hyderabad IT sector rose to 5.5 lakh now from 3 lakh in united Andhra Pradesh. The growth of the IT sector in Telangana was 17 per cent as against 13 per cent of the national average, said the minister.

Responding to a question by CLP leader Mr Mallu Bhatti Vikramarka in the Telangana Assembly, Mr Rama Rao said, “After the formation of Telangana, the new state achieved significant growth in the industrial sector. After introducing the TSiPASS, global majors such as Amazon, Google, Facebook, Apple chose Hyderabad. About 12.67 jobs have been created after the TSiPASS. We have been fighting for ITIR in Hyderabad. But, neither UPA nor NDA government extended a single rupee to the proposed ITIR project.”

The UPA government gave approvals to ITIR in 2013 for Hyderabad and Bengaluru. However, the NDA government put it on the backburner, Mr Rama Rao said.

The minister said that the TRS government did not rely on the NDA government. We went ahead and developed the IT sector. This resulted in IT exports doubling in five years.

“The Congress government had anticipated Rs 2 lakh crore exports from the ITIR project over a period of 20 years. But, the TRS government improved IT exports to Rs 1.09 lakh crore in just five years. The all-round development in Telangana resulted in over 17 per cent growth rate. The Congress government is trying to take political mileage by blaming the TRS government over ITIR project. I suggest the opposition parties to extend their support to the overall development of Telangana instead of wasting time in petty politics,” Mr Rama Rao said.

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