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Can Hyderabad overtake Bagalore in IT outsourcing?
Media Release
Jun. 20, 2006
Andhra Pradesh Chief Minister Y S R Reddy says :
I would start by accepting the fact that our achievements so far, in the IT sector is just the beginning. The inroads made by Andhra Pradesh in the IT sector are spectacular with the global giants making a beeline for its capital Hyderabad. Not only Hyderabad, the wave is spreading to the hinterlands as well.
Companies like Satyam, Wipro, ilabs , Kenexa and Visual Soft are vying for the space in Vishakhapatnam even as we keep our keen eye on other areas such as Vijaywada, Warangal and Tirupati in a focussed way.
The industry friendly atmosphere of the state is coming handy for huge investments in IT sector and there is no doubt that Hyderabad has emerged as a final point for the IT evolution. The state government with its pro active efforts has shown its will to transform the state into a prime investment destination and the fastest growing economy in the country.
Can Hyderabad really do it ? Is the Chief Minister day dreaming while outsourcing and IT outsourcing escaping from India?
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