Despite the bifurcation of the state, the software exports from the city are likely to touch Rs 64,000 crore during the current financial year 2014-15.
Hyderabad is the second largest software exporting city in the country after Bengaluru, and is forecast to grow by 13 per cent over last year.
Addressing the media on the sidelines of the announcement of the 23rd edition of the annual summit and awards of the Hyderabad Software Enterprises Association (HYSEA) here on Friday, Telangana IT, Electronics and Communications Secretary Harpreet Singh said that during 2013-14, the software exports from Hyderabad stood at Rs 57,000 crore.
“This year, we will be touching Rs 63,000 crore-Rs 64,000 crore in total IT exports, if 13 per cent growth rates happens,” he added. It is estimated that about 3.2 lakh people are working in the IT sector. “We expect another 20,000 employees to be added, taking the figure to 3.4 lakh during this fiscal,” the official said.
The HYSEA is holding its annual summit on March 11 and March 12 here. Elaborating on the initiatives taken by the Telangana government to promote the sector, Singh said, “We are setting up T-Hub, the country’s biggest technology incubation centre, which will facilitate start-ups to grow. This start-up system will see good number of IT companies originating from Hyderabad,” the official said.
Promoting skill
“We are trying to promote skill development to enhance the employability of students who are graduating from the engineering colleges here. We are looking at making graduates industry-ready,” he said adding “we are working with Jawaharlal Nehru Technological University (JNTU) to produce a curriculum in sync with the industry.”
Referring to the proposed Information Technology and Investment Region (ITIR) project in Hyderabad, Singh said, “ITIR is in the planning stage. We are planning to have better infrastructure than Cyberabad. We are in the process of getting a consultant.”
source: http://www.deccanherald.com / Deccan Herald / Home> Business / DHNS – Hyderabad / February 13th, 2015