Right now Hyderabad has been the centre of attraction for IT companies and the city has several factors to fuel growth in IT sector. The city has a global reputation as a cosmopolitan city and it is known for various positive factors.
The information and communication technology (ICT) has transformed the image of Hyderabad and right now many leading IT companies are cementing their base in Hyderabad. The National Association of Software and Services Companies (NASSCOM) estimates that this IT sector provides four indirect employment for every one direct employment.
Also this IT sector right now brings down the low level of employment. Many persons from lower middle class families in Telangana make their lives brighter with this sector. Also the employment has wide range of opportunities.
Chief Minister K.Chandrasekar Rao already revealed new ICT policy to enrich the IT department. This new ICT policy makes Hyderabad as the preferred destination for IT companies. IT sector had a significant impact on Indian economy for past two decades. Right now Hyderabad is the natural choice for the IT majors.
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