IT exports from Hyderabad touched Rs 1.09 Lakh crore: IT and Industries Minister KT Rama Rao

HYDERABAD: IT and Industries Minister KT Rama Rao said that Hyderabad bettered Bengaluru with regard to IT exports and absorbing office space. Announcing this in the State Legislative Assembly on Friday, Rama Rao explained: “The value of IT exports from Hyderabad touched `1,09,219 crore this year. Hyderabad registered a 17 per cent growth in IT exports, whereas the growth of IT exports from Bengaluru is just seven to nine per cent”.

Hyderabad also beat Bengaluru in office space. According to a recent survey, the Hyderabad is going to absorb 12 million square feet office space shortly. “Hyderabad absorbing more office space means that the city is going to provide number of jobs,” he said.