IT experts from Hyderabad may touch Rs 64,000 crore

Hyderabad , PTI | Updated : 13 February 2015, 08:36 PM

Software exports from Hyderabad are likely to touch Rs 63,000-64,000 crore during the current fiscal (2014-15), a senior official said today.

“It was Rs 57,000 crore or roughly $10 billion in the year 2013-14 fiscal. This year, I think we will be touching Rs 63,000-Rs 64,000 crore in total IT exports, if 13 per cent growth rates happens,” Telangana IT, Electronics and Communications Secretary Harpreet Singh said.

“A total of 3.2 lakh people are working in IT sector. We expect another 20,000 employees adding to reach (figures of) 3.4 lakh during this fiscal, he said.

He was speaking to reporters on the sidelines of an event to announce the details  of  the 23rd edition of Annual Summit and Awards of Hyderabad Software Enterprises Association (HYSEA), which will be held on March 11 and March 12 here.

The Telangana government has taken up several initiatives including to have the start-up ecosystem.

“We are setting up T-Hub, country’s biggest technology incubation centre, which will facilitate start-ups to grow.  This start-up system will see good IT companies originating from Hyderabad,” Singh said.

“We are trying to promote skill development to enhance the employability of the students who are graduating from the engineering colleges here. We are looking at making graduates industry ready employable,” he said adding we are working with Jawaharlal Nehru Technological University (JNTU) to produce industry sync curriculum.

To a query on setting up of the Information Technology and Investment Region (ITIR) project in Hyderabad, Singh said, “ITIR is in planning stage. We are planning to have better infrastructure than Cyberabad. We are in the process of getting an consultant.”

On another question, he said apart from Internet giant Google, which plans to open its own “permanent and big” campus in Hyderabad, at least three more companies are in talks with the Telangana government (for their proposed ventures) to set up their project here.

“Google is in advanced stage. We are waiting for an MoU with Google,” he added.

Ramesh Loganathan, President, HYSEA said the two-day event will bring together thought leaders, successful entrepreneurs, designers, creators, key government officials, finance and technology experts under one roof for IT Associates to Network and learn from.

First Published: Friday, February 13, 2015 08:26 PM
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