Telangana IT exports clock 11% growth to Rs 2.68 lakh cr in FY24

Quick Summary:

Telangana saw its IT sector exports grow by 11.2% to Rs 2,68,233 crore in the last financial year, well above the national average.

Over 40,000 jobs were created, increasing sector employment by 4.5%.

The state plans to double the number of Global Capability Centres in Hyderabad and aims to become a leader in AI and technological innovation.

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Article Details

Author / Journalist: PTI

Category: EconomyBusiness

Markets: IndiaSouth Korea

Topics: Business news Global Capability Centres Telangana IT exports Cybersecurity Data science Global AI Summit Growth Information Technology sector AI Semiconductor design

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-04 @ 22:32:40 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 554 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 21918023

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