Q: Hello. I am hearing that Telanganna government has been coming up with ideas to make Hyderabad the top IT investment city in the country. What are these suggestions and ideas?
If you want to invest in Hyderabad, be it a commercial or residential property, now is the perfect time. for both long and short term investments because there are a lot of activities that is bringing about price appreciation and high property values.
For the past years there was a lot of political stability in Hyd. Now finally there is a stable chief minister and IT minister who are going about things the right way.
Yes the vice chairman of Nasscom, B.V.R. Mohan Reddy has already met the Telanganna chief minister and he was extremely satisfied with the way the discussion on the IT sector in Hyderabad went. Lot of projects are coming up
I read somewhere that the son of the Telanganna chief minister had reportedly said that they want 1 % more IT growth than AP, but they want both to grow in terms of IT sector.
I like the Telanganna government now because they're actually doing some good and trying to incorporate a lot of positive changes for the city. they're actually willing to spend their budgets in developmental changes
This is the plan for both Telanganna and Andhra Pradesh to develop their cities and IT sector. Lot of developmental changes are taking place and new incentives are being presented to IT firms.
Hyderabad has come to second place? I read somewhere that for 2013 to 2014, as a state, Telanganna was at 4th place with an IT invest of close to 60,000 crore.
Yes this is true. Top companies like Google and Amazon have plans of establishing permanent facilities in Hyd. Even Tata Consultancy Services, Wipro and Cyient have the same plans in Hyderabad
Pretty soon I feel the number of IT companies in Hyderabad will grow drastically. Already a lot of multinational billion dollar companies have signed contracts with Hyd and acquired land for their industries.
The telanganna government is hell bent on coming to number one place in the IT sector. They want maximum number of IT investments to come in their direction.
Hey the government is planning on starting IT company workshops where there will be training given for proper IT investment and infrastructure regarding IT.
Hey there are plans of modifying the existing infrastructure facilities for the IT firms in the city. like providing unlimited electricity and water supply and all of that.
There was an executive council meeting of Nasscom, which is the apex body of the IT industry in the country. The CM and IT minister has both attended it to see what developmental plans they can come up with for Hyderabad.