Regional »  Topic »  Telangana’s IT exports grew by 13% despite pandemic

Telangana’s IT exports grew by 13% despite pandemic


Despite Covid-19 pandemic and its adverse impact on the economy, Telangana registered nearly 13 per cent growth in information technology exports to cross Rs 1.45 lakh crore during 2020-21.

Telangana’s IT/ITES exports during the year stood at Rs 1,45,522 crore, an increase of 12.98 per cent over the previous financial year.

State’s IT minister K.T. Rama Rao on Thursday told reporters that the state continued its phenomenal performance in the middle of the pandemic.

Even by conservative estimates, Telangana’s IT/ITES exports growth rate is poised to be over two times that of the national average.

The state also added over 46,489 jobs in IT/ITES sector, to take the total number of direct employment to 6,28,615.

The job growth in Telangana has been 7.99 per cent compared to 2019-20. “This is significantly higher national average of ...


Copyright of this story solely belongs to expresscomputer.in . To see the full text click HERE