KTR says the Telangana IT sector flourishing. Telangana IT Minister KTR speaking in the assembly shared that the Telangana IT sector is flourishing and cited the data released by Software Technology Parks of India (STPI) and NASSCOM. KTR said "Telangana was set to become the first State in the country to introduce legislation specifically targeting Cyber Crimes. NALSAR is actively involved in preparing guidelines for this groundbreaking move,"
He shared “Telangana’s flourishing IT sector has significantly contributed to job creation, generating around six lakh IT jobs since the formation of the State. Several leading IT companies have established their largest campuses with state-of-the-art facilities in Hyderabad. The city has solidified its position as the top IT job provider in the country, accounting for approximately 44 percent of the technology-based jobs nationwide,”
He said Hyderabad is the most preferred destination for IT companies. He said "When Telangana was formed, approximately 6,23,396 people were directly employed in the IT/ITES sector. Today, that number has risen to 9,05,715." Sharing the BRS government's plans, he said “Efforts are ongoing to further expand the IT sector in the city, with plans to build an IT tower in Malakpet to foster more employment opportunities for the youth,”
