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The IT exports from Hyderabad (Telangana) stood second in India at ₹2,41,275 crore (US$ 32 billion) in FY 2022-23 improving from previous year. [9] [10] IT sector exports from Telangana account for 50 per cent of total exports from state. [11] Telangana contributed to 16.77 per cent of Indian IT sector employment as of FY 2023. [12] [13]
The SEZ houses over 25 information technology companies including Apple, GAP, Accenture, Development Bank of Singapore, and DuPont, and has between 25,000 and 30,000 employees working out of the premises. In December 2019, WaveRock was bought by the Shapoorji Pallonji Real Estate Fund for Rs 1,800 crore from Tishman Speyer.
Accenture began as the business and technology consulting division of accounting firm Arthur Andersen in the early 1950s. [4] The division conducted a feasibility study for General Electric to install a computer at Appliance Park in Louisville, Kentucky, which led to GE's installation of a UNIVAC I computer and printer, believed to be the first commercial use of a computer in the United States.
Located in Mumbai, Hyderabad, Chennai and Pune, the industrial hubs offer offices, residential towers, entertainment facilities and other retail businesses. [2] By 2016, the parks developed by Mindspace housed more than 50 businesses in India, including Accenture , L&T Infotech Ltd , Cognizant Technology and Capegemini Group .
Cyber Towers, HITEC City Hyderabad. Cyber Towers was the first tower to be built for the promotion of Information Technology (IT). Within the span of 14 months, the unique design was selected by N. Chandrababu Naidu [4] in 1997 to stand as a Monument in city of Hyderabad and as an architectural masterpiece in the center of Cyberabad.
The Dow Jones Industrial Average is chock-full of industry-leading blue chip stocks-- many of which pay dividends.But the Dow tends to underperform the S&P 500 during growth-driven rallies when ...