Hyderabad’s Information Technology (IT) and Information Technology Enabled Services (ITES) sector played vital role in putting India on the global map. Hyderabad stands in second position in the country by contributing 11% of nationwide IT exports. Telangana Government is aggressively setting up Export Oriented Units (EOU), Software Technology Parks (STP), and Special Economic Zones (SEZ) to facilitate IT and ITES organisations.
The Government of Telangana is also actively providing fiscal incentives and other concessions as per the new IT Policy. Newest state of India welcomes investors in Information Technology sector. The new Government has already initiated the steps to ensure greater transparency in policies and procedures to ensure investor friendly platform.
The new Government, now intends to strengthen IT and ITES sectors through a new IT Policy. New strengths have been developed in the State in fields such as IT, ITES, Aerospace, Multimedia and Gaming segments.
ITIR is envisaged as a self contained integrated knowledge Cluster dedicated to establishment and growth of Information Technology (IT), Information Technology Enabled Services (ITES) and Electronic Hardware Manufacturing (EHM) units Basing on the Policy resolution of the Government of India to promote Information Technology Investment Regions in the country, Government of Telangana has taken a lead initiative to identify & develop an ITIR in an area of about 202 Sq.Kms. in and around Hyderabad and Ranga Reddy districts. The proposal is under active consideration for approval and notification by Government of India.