IT industry concerned over unrest in Hyderabad
December 14th, 2009 - 9:38 pm ICT by IANS ( Leave a comment )
Hyderabad, Dec 14 (IANS) With Andhra Pradesh witnessing violent protests over the issue of separate statehood to Telangana region, IT companies here Monday voiced their concern over the developments in the state and its impact on the IT and ITES industry.
The Hyderabad Software Exporters Association (HYSEA) said the developments of the last two weeks have had minor impact on the services rendered by IT and ITES industries in the state.
It said there have been isolated incidents of IT/ITES companies being targeted in both Hyderabad and the coastal city of Visakhapatnam, disrupting operations.
“Such incidents dent the confidence of our employees, customers and investors and have the potential to severely impact the brand of the state as a destination for IT and impact our growth prospects,” HYSEA president Narsimha Rao said in a statement.
He said the continued uncertainties to business operations and public life would further weaken the brand.
“Today, with so many global destinations for companies in the IT/ITES industry for new businesses, the city and state can ill afford any dent to its image of a peaceful and business friendly place.”
- Brand Hyderabad takes a beating due to Telangana turmoil - Oct 02, 2011
- Ahead of Srikrishna report, security tightened in Andhra - Dec 30, 2010
- Andhra Pradesh to host major IT event in March - Jan 27, 2011
- Shutdown paralyses Telangana - Dec 30, 2009
- Shutdown paralyses Telangana, thousands protest on streets (Lead) - Dec 30, 2009
- 23 trains cancelled ahead of Telangana rail blockade (Lead) - Feb 28, 2011
- Telangana supporters paralyse rail traffic for separate state (Third Lead) - Mar 01, 2011
- IT/ITes is no hot sector for job seekers post meltdown - Sep 15, 2010
- Telangana strike paralyses transport services - Sep 19, 2011
- Tackling the 'graduate but unemployable' syndrome in India - Jan 25, 2012
- Special task force to protect industry in Hyderabad - Dec 29, 2009
- Srikrishna panel moots union territory status to Hyderabad - Jan 06, 2011
- Hyderabad shutdown hits normal life - Sep 30, 2011
- Few state-run buses return on Telangana roads - Oct 11, 2011
- Telangana comes to a halt as all train services cancelled - Sep 24, 2011
Tags: business operations, coastal city, confidence, exporters association, friendly place, global destinations, growth prospects, hyderabad, investors, minor impact, narsimha rao, new businesses, software exporters, statehood, uncertainties, unrest, violent protests
