Telangana IT Exports on Rising, 13% Growth at Rs 1.45 Lakh Crore

Hyderabad: Telangana recorded nearly13 % growth in IT and related exports at over Rs 1.45 lakh crore in the financial year 2021

KT Rama Rao said, Minister In the annual report on IT, Electronics and Communications Department for FY21, said Telangana added 46,489 new jobs taking the total IT/ ITES employment to 6,28,615, a year-on-year increase of 7.99 percent compared to FY 2019-20.

It was Rs 1.28 lakh crore in FY20.

“Despite the COVID-19 pandemic, Telangana once again proved its mettle by boasting growth of 12.98 percent in the IT/ITeS exports over the previous year recording a total of Rs 1,45,522 crore in IT/ITeS exports.

KT Rama Rao noted that Telangana attracted several companies including Amazon Web Services, Goldman Sachs, and MassMutual last year.

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