Telengana’s IT exports at Rs 2.41 lakh crore; sector employs over 9 lakh techies

Telangana, which has just entered its 10th year, has registered Rs 2.41 lakh crore IT exports in 2022-23, a growth of 31.44 per cent over last year.

In 2014, at the time when the new state was formed, the IT exports figure from Hyderabad was at Rs 57,258 crore.

“Just the increase in our IT exports from 2022 to 2023 is Rs 57,706 crore. This means, the addition in just one year exceeded the total IT exports that united AP grew into over a period of about three decades,” said IT, Industries minister KT Rama Rao while reminding that Intergraph, “the first MNC in AP” was established in 1987 in Hyderabad.