Brand H''bad intact despite Telenga fears: Official

Despite T agitations demand for 5-6m sq feet of IT space

PTI | January 21, 2011



The image of "Brand Hyderabad" among corporates appears to be intact and has overcome the fear of agitations over the separate Telangana issue, according to a senior govt official.

Notwithstanding the agitations, there is a demand for as much as 5-6 million square feet of IT space in the city, according to Ratna Prabha, Principal Secretary, state Information Technology Department.

According to Prabha, during the last one year over 2 million sf of IT space in the state has been either sold out or leased.

"Initially in the months of January and February, there was a bit lull. However, as the year progressed, demand started shooting up," Prabha said.

She said it was notable that several biggies like Facebook and JP Morgan had set up shops in Hyderabad, which was the epicentre of the statehood movement during the peak of Telangana agitations last year.

IT Minister Ponnala Lakshmaiah recently said infotech giant IBM has evinced interest to expand its activities in Hyderabad and invest more.

A team from the Dutch chemical company Royal DSM met Lakshmaih last week and held discussions over setting up its back office and IT support centre in the state capital.

Lakshmaiah said the firm, which has a turnover of USD 10 billion and 22,000 employees, already has a manufacturing unit in Pune.

Srikanth Badiga, Regional Chairman, Export Promotion Council for EOUs and SEZs, said the demand for IT space by small IT firms and BPOs has picked up after the US and some European countries started coming out of recession.

 

Comments

 

Other News

Doctors, experts call for ban on junk food ads, mandate warning labels

More than 30 doctors, medical scientists and public health professionals have urged the government to take decisive action against the aggressive advertising and marketing of junk food, calling for a watershed ban on advertisements for foods high in fat, sugar and salt (HFSS) and ultra-processed foods (UPF

Asiatic Lion population rises from 523 in 2015 to 891 in 2025

On World Lion Day 2026, environment, forest and climate change Minister  Bhupender Yadav celebrated India’s remarkable journey in lion conservation and reaffirmed the country’s unwavering commitment to protecting wildlife and biodiversity.   In a post on soc

Railways imposed ₹5.13 crore fine for food quality and hygiene violations

Indian Railways serve about 58 crore meals every year on an average. About only 0.0008% food quality related complaints are received on average. Based on complaints during the last three years, appropriate penal actions have been taken by IRCTC. Such actions include imposition of fines amounting to ₹5.13

STHAVAR: Why every Indian built asset needs a permanent digital identity

India has built digital systems for identity, payments, taxation, documents, logistics and public services. State governments, ministries, infrastructure agencies and urban local bodies have also created portals for land records, building permissions, project monitoring, property taxation and municipal s

Saksham Skill census identifies 22,000 job-ready candidates in one Mumbai ward

A first-of-its-kind AI-enabled skill census conducted in Mumbai`s H-West Ward has identified a potential livelihood pipeline of nearly 22,000 candidates, generated over 32,000 provisional job matches while revealing that 71.2 per cent of surveyed homemakers are willing to join the workforce, according to

GI tags: Scaling traditional wealth into global brands

Geographical Indication (GI) tags have emerged as a powerful tool for protecting India`s cultural heritage, while creating economic opportunities for local communities. By linking products to their place of origin, GI tags preserve traditional knowledge, prevent misuse, and enhance consumer trust. They h

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter