Key Points
Speaking to ThePrint, Kaynes SemiCon CEO Raghu Panicker said it was not only because their customers are based in and around Hyderabad that made it the clear choice..
According to Madan Pillutla, Dean of the premier Hyderabad-based Indian School of Business, the two main factors that have propelled the Telangana growth story are the large industrial base it has had since before bifurcation, and the thriving education sector comprising a good number of technical and engineering institutions in Hyderabad...
Even so, Telanganas growth is not without its challenges one of the primary issues being that the Hyderabad boom is said to have left the vast majority of the states districts untouched, and calls have been made for the government to shift its focus to tier-2 and tier-3 cities as well...
According to figures provided by Telanganas industry department, since TS-iPASS was launched, a total of 21,828 approvals have been given by the state government to industries in the manufacturing sector, and 2,316 in the services sector, with a total investment of Rs 2.65 lakh crore...
Shakthi Nagappan, director for life sciences in the Telangana government, said three areas IT, life sciences, and aerospace and defence were identified for growth in Hyderabad and the metropolitan region because it has the requisite ecosystem and these fields require urban migration...
