34% Of All IT Jobs Are Generated In This Indian City! No, It’s Not Delhi Or Bengaluru (Check Full Details)
Telangana accounts for one in three jobs created in the IT sector across India.
In the country overall about 4,50,000 jobs have been added in the IT industry during the financial year 2021-22.
Hyd and Bengaluru
Of them, about 1,53,000 jobs are created in Hyderabad alone, proof that it is the top choice for IT companies to set up base.
Bengaluru, the largest IT hub in the country, came in second by creating 1,48,500 jobs during FY22.
Hyderabad (in first place) and Bengaluru both combined have created more than three lakh new jobs.
Other major metros
Mumbai came in third place with 54,000 jobs, Pune fourth with 40,500 jobs and Chennai fifth with 22,500 jobs.
Delhi NCR and Tier 2 cities created over 31,000 jobs.
The total employment in the IT/ITES sector in Telangana is now close to 7.8 lakh.
The growth rate in job creation has been around 24 per cent over 6,28,615 in 2020-21.
Meanwhile IT/ITeS employment in the state saw an impressive 140% growth since 2013-14.
IT and Industries Minister KT Rama Rao had said earlier that the addition of more than 1.53 lakh jobs during 2021-22 is the highest in a single year since Telangana came into being.
Telangana Government provides special incentives for companies that expand or set up their units beyond the western part of Hyderabad under its Growth in Dispersion (GRID) policy.
It is building an IT Tower at Kandlakoya in the northern part of the city.
The Eastern part of the city (Uppal and Pocharam) is already among the preferences of some companies.
Heavy MNC presence
For example, recently Genpact used the GRID Policy to announce the creation of 15,000 seats (Phase-II) in Uppal.
Hyderabad houses more than 1,500 IT and ITES companies.
It is home to top MNCs such as Google, Microsoft, IBM, AMD, Micron, SAP, Infosys, Cyient, Amazon, Intel, Qualcomm, Uber, Facebook, TCS, HP, Apple, Deloitte, Accenture, GE, Dell and Hyundai.