Fact sheet: Nationwide IT growth and the respective ‘slices’
Unprecedented Growth Story
- The IT, E&C Department has almost achieved its set target of doubling IT/ ITES exports in five years with INR 1,09,219 Cr exports from INR 57,258 Cr in 2013-14.
- State’s IT/ ITES exports registered an impressive growth rate (YoY) of 16.89% during 2018-19 in comparison to the expected national average of around 8-10%.
- Telangana IT sector generated direct employment to 5,43,033 with 67,725 new professionals joining the workforce in the last year.
- Total investments into IT/ ITES sector last year stood at INR 23,054.02 Cr.