Telangana Investments summary- FY 2022
With the investment friendly government initiatives and rapid infrastructure facilities, Telangana
closes 2022 with whooping Rs 19,630 worth of investments promising employment over 70,000
IT Industry look forward to more growth in 2023
Having shown resilience during COVID 19 and with incredible growth in the post pandemic year
2022, the IT/ ITES sector looks to gain more traction and spread its wings wider this year.
Coming to Telangana, with the state government’s thrust on widening the scope of IT activities in
the Tier-II locations taking a shape, there will also be a growth of IT sector in Tier-II and Tier-III
Out of 4,50,000 jobs created in India last year, 1/3rd of these were contributed by Hyderabad.
Given the recession in the US, Indian companies could have greater opportunities to expand with
a talented workforce.