Telangana saw 7% growth in IT jobs despite COVID-19 pandemic: KTR

The state added 46,489 new jobs taking the total IT/ITES employment to 6,28,615, an increase of 7.99% compared to fiscal 2019-20.

IT/ ITES exports also saw an increase of 12.98% over the previous financial year and stood at Rs. 1,45,522 crores for fiscal 2020-21, he said. The growth is substantial considering the onset of the pandemic and its adverse impact on the economy, he added.

KTR also said that the state's employment (IT) and exports (IT/ITES) grew exponentially between 2014-2020. Besides the IT-hub and We-Hub established in Hyderabad to nurture and boost start-ups, the state has set up incubation centres in tier-1 cities, he said, adding that an IT Tower with 1,400 seats has been established in Warangal and an IT tower that can host 18 companies has been set up in Karimnagar.

Utility of IT in governance

T Wallet: It was launched in 2017 as a digital wallet and saw over 12.3 lakh registrations. Over 2.42 crore transactions worth about Rs. 12,128 crore was handled with an average of 23,000 transactions a day.

AI-based pest control: Developed by Wadhwani Institute of AI, Telangana government implemented AI-based pest control in 2,800 villages across six districts for the Kharif 2021 season. This enables cotton farmers to catch pest infestations, especially the Pink Bollworm, early which reduced crop damage.

Drones inspect electrical towers: To prevent accidents, the government has roped in drones to inspect electric towers in Shivarampally, Gachibowli, Minpur, and Jogipet.

Dharani portal: As on May 2021, the Dharani Portal has received 3.09 crores hits, completed about five lakh registrations and collected an amount of Rs. 555 crores.

TABLE

Employment:

2013-2014 -- 3,23,396

2014-2015 -- 3,71, 774

2015-2016 -- 4,07,385

2016-2017 -- 4,31,691

2017-2018 -- 4,75,308

2018-2019 -- 5,82,126

2019-2020 -- 5,82,126

2020-2021 -- 6,28,615

Companies and investments in Hyderabad

Amazon Data Services India Pvt. Ltd. is setting up three data centres in Fab City, Pharma City, and Chandanvelly in Telangana with an investment of Rs. 20,761 crores ($2.77 billion).

The National Payments Corporation of India (NPCI) has announced a smart data centre in Hyderabad with an investment of Rs. 500 crore. Meanwhile, Salesforce has received the VSEZ nod to expand Hyderabad footprint by three times. Salesforce will invest Rs. 1,119 crore and create 2,500 more jobs in the next five years.

Fiat Chrysler Automobiles (FCA) is setting up the largest and its only facility outside its headquarters in North America with an investment of Rs. 1,100 crores. It will create 1,000 jobs in the first year.

Also, OPPO has set up its first 5G Innovation Lab at its Hyderabad R&D Centre.

The US-based BFSI major, MassMutual, is setting up its Global Capability Center outside the US in Hyderabad with an initial investment of Rs. 1,000 crore. It will generate more than 300 jobs.