Hyderabad’s IT exports grow by 15.7 percent

Hyderabad, June 2 (IANS) Hyderabad has achieved Information Technology exports of Rs.66,276 crore during 2014-15, a growth of 15.7 percent over the previous year, a minister said on Tuesday.

Telangana’s Information Technology Minister K. Tarakarama Rao told reporters that Hyderabad’s growth in IT and IT Enabled Services (ITES) exports is 2.7 percent higher than the national average.

The city also created nearly 50,000 new jobs in the sector during the year. The direct employment in the sector during 2014-15 stood at 371,774 against 323,396 during 2013-14.

The minister released the annual report of IT/ITES department on Tuesday, which also marked the first year of the Telangana state and the Telangana Rashtra Samithi (TRS) government.

Hyderabad stands in second position by contributing 11 percent of total IT exports from the country.

KTR, as the minister is popularly known, said they were heading in a right direction to achieve the goal of doubling the IT exports to Rs.120,000 crore by 2019.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of www.mangalorean.com or any employee thereof. www.mangalorean.com is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of www.mangalorean.com to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here