Wednesday, March 5, 2008

IT INDUSTRY

Hyderabad is known as the second Silicon Valley [1] in India after Bangalore. Hyderabad's IT exports exceeded $1 billion in 2004[1]. There has been extensive investments in digital infrastructure. Development of HITEC City prompted several IT and ITES companies to setup operations in the city - have led civic boosters to call their city "Cyberabad".

Hyderabad today has several software technology campuses with leading companies such as Accenture, AppLabs, Infosys, Invensys, Microsoft, CSC, Oracle, Wipro, Kanbay, GE, iGate, ValueLabs, ADP, Dell, Deloitte, HSBCGLT, SumTotal, Intergraph, Analog Devices, IBM, Keane,Satyam, Baan, Birlasoft, Cypress Semiconductors, InMage, SatNav Technologies, Tata Consultancy Services(TCS), Amazon , Google,HP(Hewlett-Packard),Oracle Corporation,Capgemini,CA(Computer Associates), Qualcomm, Cognizant Technology Solutions(CTS),Sierra Optima,UBS,wellsfargo,Microsoft Corporation,Cntrl S,MindTree,HCL,Polaris,Kenexa,Bank of America,InfoTech,VisualSoft,Pramati,GoldStone,Verizon,Virtusa,covansys,FourSoft,CMC,iGATE,LinkWell and Sierra Atlantic etc having established centers in the city.

Recently Fab City, a silicon chip manufacturing facility, was finalised to be setup in the city with an investment of Rs.13,300 crore($3 billion) by the AMD-SemIndia consortium. Fab City. India’s semiconductor ecosystem is poised to shape up with the government receiving seven confirmed investment proposals worth $7 billion for Fab City in Hyderabad. In addition, five more proposals amounting to $800 million have got an in-principle approval while three others are under active consideration

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