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More IT Companies flocks back to Hyderabad again

Published & Updated as on - 2010-10-06

Oct. 5: Hyderabad continues to embrace uninformed investments in a Information Technology (IT) zone even as a doubt over a state's tributary continues.

HCL Technologie's focus for expanding a Hyderabad campus has been cleared. The association has taken 99,000 sq. ft. of bureau space as well as promises to yield practice for 886 people in stages.

On Tuesday, a section capitulation cabinet privileged applications of 7 companies that have betrothed to yield 2,000 jobs in total.

American Info Serve has taken bureau space in both a Lanco as well as Navayuga IT SEZs. Verizon Games Limited will set up a bureau in a Lanco SEZ. Pro Karma, Compugain, as well as Mind Tree are additionally opening offices in Hyderabad. Kony Labs has taken 19,500 sq. ft. of bureau space as well as will yield 170 jobs.

Several IT companies have been changeable from Bengaluru since of a taking flight costs there. Others have offices in Bengaluru though have been expanding to Hyderabad.

"We have since 77 letters of accede in a final 6 months. Of a sum 109 SEZs sanctioned, Andhra Pradesh has got 57 IT SEZs, 43 of that have been already notified," pronounced a comparison central in a IT department. Source: DC 5/10/10

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