IT not hit by Telangana agitation: minister
January 23rd, 2011 - 6:20 pm ICT by IANS
Hyderabad, Jan 23 (IANS) The situation in Andhra Pradesh following the movement for Telangana has not hit the growth of IT sector in Hyderabad and elsewhere in the state, IT Minister Ponnala Lakshmaiah said Sunday.Talking after inaugurating a research and development centre of Honeywell Technology Solutions here, he tried to allay the apprehensions in some quarters about the growth of the IT sector in Hyderabad.
Claiming that several IT majors continued to look at Hyderabad to expand their operations, the minister said the state was expected to achieve IT exports of Rs.36,000 crore during the current financial year.
Information and Communication Technology Secretary Ratna Prabha said the exports might well cross Rs.40,000 crore if the industry as a whole does well.
IT exports from Andhra Pradesh in 2008-09 were Rs.33,000 crore.
“I would like to dispel doubts that IT is not happening. I don’t know why such apprehensions get propagated,” said Lakshmaiah after Krishna Mikkilineni, senior vice president of Honeywell, said that the situation in the state was normal but a different picture existed elsewhere.
“No matter what the people’s demands and aspirations are, no political group will come in the way of development and benefits for its own people,” said Lakshmaiah.
He pointed out that in 2010, 4.3 million square feet of IT office space in the state was sold or leased against 8.4 million square feet from 2002 to 2009.
Another 9.3 million square feet was either available or was being developed, he added.
Ratna Prabha said several giants like Facebook, J.P. Morgan and UnitedHealth Group had set up shop in Hyderabad while a Fortune 500 company from the Netherlands has evinced interest in setting up back office operations and an IT support services centre.
The minister said the state would discuss with the central government Monday the proposals for setting up two greenfield IT centres at Maheswaram and Uppal on the outskirts of Hyderabad.
Lakshamaiah said the work to develop tier-II IT towers in Visakhapatnam, Warangal and Tirupati would begin in a couple of weeks.
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- Honeywell posts $550 million sales in India in 2010 - Jan 23, 2011
- Invesco plans to expand operations in Hyderabad - Mar 26, 2012
- Andhra aims third place in IT exports - Jun 23, 2010
- Andhra sets IT exports target of Rs.70,000 crore by 2015 - Jul 01, 2010
- Honeywell Technology allotted land in Madurai SEZ - Dec 24, 2010
- Andhra seeks report from Sathya Sai trust - Jun 23, 2011
- Andhra governor accepts minister's resignation over Telangana - Jun 01, 2011
- Honeywell opens its fourth technology centre - Feb 14, 2012
- Sathya Sai trustee seeks time for police questioning - Jun 23, 2011
- Andhra seeks legal opinion on court notices to ministers - Mar 13, 2012
- Andhra government websites hacked - Feb 16, 2012
- Two Telangana ministers head to Delhi for talks - Jul 04, 2011
Tags: agitation, apprehensions, central government, crore, fortune 500 company, honeywell, honeywell technology, information and communication technology, j p morgan, krishna, office operations, outskirts, political group, prabha, ratna, senior vice president, technology secretary, unitedhealth, unitedhealth group, uppal