IT staff strength in Telangana to double to 10 lakh in 3-4 years

Information technology and IT-enabled services in Telangana are likely to continue to grow at 17 per cent in the current financial year.

The total number of IT employees in Hyderabad will double to 10 lakh in the next 3-4 years as the city is adding 50 million sq ft of office space.

“The State has achieved IT exports of ₹1.08 lakh crore in 2018-19, with a growth rate of 17 per cent. This is twice the national average. We expect this to continue this year as well,” Murali Bollu, President of Hyderabad Software Exporters’ Association (HYSEA), has said. “ Availability of talent and cheaper real-estate prices contributed to the growth,” he added.