The Indian state of Telangana has a 31% share of software export in India.[1] While the majority of the industry is concentrated in Hyderabad, other cities are also becoming significant IT destinations in the state. Hyderabad houses the largest campuses of tech giants like Google, Facebook, Microsoft, Amazon, and Apple outside of the US.[2][3] In Hyderabad, the central region of the business happens in Financial District, HITECH City, the Madhapur suburb, Kokapet SEZ (Neopolis) and Salarpuria Sattva Knowledge City. As of 2023, Hyderabad has 9,05,715 employees in the IT/ITES sector, working in more than 1500 companies.[4][5][6][7] The number of startups in Telangana had increased from 400 in 2016 to 2,000 in 2022. Hyderabad added two companies in unicorn startup list in first two months of 2022.[8]
The IT exports from Hyderabad (Telangana) stood second in India at ₹2,41,275 crore (US$ 32 billion) in FY 2022-23 improving from previous year.[9][10] IT sector exports from Telangana account for 50 per cent of total exports from state.[11] Telangana contributed to 16.77 per cent of Indian IT sector employment as of FY 2023.[12][13]
- ^ "'Hyderabad is no competition for Bengaluru & its talent base'". The Times of India. Retrieved 11 March 2023.
- ^ Abdul, Geneva (25 August 2020). "One of the busiest in country, US consulate General in Hyderabad to get new office". The New York Times.
- ^ "Will the City of Pearls overtake India's Silicon Valley as the top global services destination?". 4 September 2023.
- ^ "Telangana's IT exports grew 31.44%; Hyderabad to be largest IT presence in 5-10 years: KTR". 5 June 2023.
- ^ "IT staff strength in Telangana to double to 10 lakh in 3-4 years". 15 July 2019.
- ^ "Hyderabad overtakes Bengaluru in IT office space occupation". The Hindu. 21 September 2019.
- ^ "Telangana's IT exports rose 26% to over ₹1.83 lakh crore in FY-22". The Hindu. June 2022.
- ^ "Meet Hyderabad's Soonicorns". The Times of India. 23 February 2022.
- ^ "Telangana IT exports jump 31% to a new high of ₹2.41 lakh crore in FY-23". The Times of India. 21 May 2020. Retrieved 21 May 2020.
- ^ "Telangana flaunts 26.14% growth in IT/ITeS sector in 2021-22". Retrieved 25 March 2018.
- ^ "IT, software exports from Telangana in 2018-19 surpass national rate". 10 March 2020.
- ^ "Telangana's IT exports grew 31.44%; Hyderabad to be largest IT presence in 5-10 years: KTR". 5 June 2023.
- ^ "Telangana IT exports outstrip national rate, spiral to Rs 2.4 lakh crore". The Times of India. 6 June 2023.