Hyderabad to become the top-ranked IT destination globally in the next 3-4 years period, said Telangana Minister of Finance and Planning. IT industry in Hyderabad is focusing on the creation of IT products, services, and interactive experiences that define new opportunities in the global markets. As per the ASSOCHAM, the central government would be investing Rs 10,000 crore in Hyderabad as part of its scheme of Information Technology Investment Region (ITIR). The state government has created a cell named Telangana State Industrial Project Approval and Self Certification System – TS-IPASS to encourage investors for quick implementation of their projects, to streamline the regulatory process at a single point and to provide the investor-friendly environment.
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