<p>Employment in the IT/ITeS sector has increased by about 8 per cent in Telangana to reach 6,28,615 in 2020-2021.</p>.<p>46,489 new jobs were added in the middle of the pandemic during the last financial year, a state government report said.</p>.<p>“I am told this is significantly higher than the national average which is close to 2 per cent as per STPI number,” said IT and industries minister KT Rama Rao at the launch of the IT and Industries Department annual reports on Thursday.</p>.<p>“When Telangana state was formed (in June 2014), there were 3,23,000 employees in the IT/ ITeS sector. Today, the total employment in the IT sector is 6,28,615. We have added over three lakh new IT/ ITeS jobs over the last seven years,” the minister claimed.</p>.<p>According to Rao, in 2020-21, Telangana has developed 10 new industrial parks and allotted 810 acres of land to 453 industries with an expected investment of Rs 6,023 crore and a potential of 7,623 jobs.</p>.<p>“Telangana has once again recorded a phenomenal growth in the IT/ITeS Sector with an increase of 12.98 per cent in exports over the previous year, recording a total of Rs 1,45,522 crore. Our state has seen more than double the estimated average national growth rate.”</p>.<p>The growth is stated as substantial considering the Covid-19 pandemic's adverse impact on the economy. “Even by conservative estimates, Telangana’s IT/ ITES exports growth rate is poised to be over two times than that of the national average.”</p>.<p>On expanding IT/ITeS to Tier-II cities, the annual report said that IT Tower/Incubation Centre with 1,400 seats capacity is made operational in Warangal. Karimnagar IT Tower opened in July last year, with a built up space of 80,000 sq. ft. and 556 seats, hosts 18 IT companies.</p>.<p>19 IT companies are operating from the Khammam IT Tower inaugurated in December with a built up space of 41,250 sq.ft and 430 seats. “Construction of Phase II Tower, with 570 additional seats, was started as 31 more companies showed interest in setting up shop.”</p>.<p>Officials said that the construction of IT Towers at Nizamabad (50,000 sq. ft.), Mahabubnagar (60,000 sq. ft.) is nearing completion, while CM K Chandrashekar Rao has laid the foundation stone for another IT Tower at Siddipet (1,21,600 sq. ft.).</p>.<p>“IT towers are contemplated at Nalgonda (1,500 seats), Ramagundam (200 seats), Wanaparthy (250 seats).”</p>
<p>Employment in the IT/ITeS sector has increased by about 8 per cent in Telangana to reach 6,28,615 in 2020-2021.</p>.<p>46,489 new jobs were added in the middle of the pandemic during the last financial year, a state government report said.</p>.<p>“I am told this is significantly higher than the national average which is close to 2 per cent as per STPI number,” said IT and industries minister KT Rama Rao at the launch of the IT and Industries Department annual reports on Thursday.</p>.<p>“When Telangana state was formed (in June 2014), there were 3,23,000 employees in the IT/ ITeS sector. Today, the total employment in the IT sector is 6,28,615. We have added over three lakh new IT/ ITeS jobs over the last seven years,” the minister claimed.</p>.<p>According to Rao, in 2020-21, Telangana has developed 10 new industrial parks and allotted 810 acres of land to 453 industries with an expected investment of Rs 6,023 crore and a potential of 7,623 jobs.</p>.<p>“Telangana has once again recorded a phenomenal growth in the IT/ITeS Sector with an increase of 12.98 per cent in exports over the previous year, recording a total of Rs 1,45,522 crore. Our state has seen more than double the estimated average national growth rate.”</p>.<p>The growth is stated as substantial considering the Covid-19 pandemic's adverse impact on the economy. “Even by conservative estimates, Telangana’s IT/ ITES exports growth rate is poised to be over two times than that of the national average.”</p>.<p>On expanding IT/ITeS to Tier-II cities, the annual report said that IT Tower/Incubation Centre with 1,400 seats capacity is made operational in Warangal. Karimnagar IT Tower opened in July last year, with a built up space of 80,000 sq. ft. and 556 seats, hosts 18 IT companies.</p>.<p>19 IT companies are operating from the Khammam IT Tower inaugurated in December with a built up space of 41,250 sq.ft and 430 seats. “Construction of Phase II Tower, with 570 additional seats, was started as 31 more companies showed interest in setting up shop.”</p>.<p>Officials said that the construction of IT Towers at Nizamabad (50,000 sq. ft.), Mahabubnagar (60,000 sq. ft.) is nearing completion, while CM K Chandrashekar Rao has laid the foundation stone for another IT Tower at Siddipet (1,21,600 sq. ft.).</p>.<p>“IT towers are contemplated at Nalgonda (1,500 seats), Ramagundam (200 seats), Wanaparthy (250 seats).”</p>