• search

IT companies in AP have higher growth rate: Reddy

Written by: Staff

Hyderabad, Jun 29 (UNI) Andhra Pradesh Chief Minister Y S Rajasekhara Reddy today said IT companies in the state had registered 51 per cent growth in 2005-06 fiscal against the national average of 36 per cent.

Reviewing the activities of IT and Communications (ITC) Department here, he said IT companies registered an export turnover of Rs 12,500 crore as against Rs 8270 crore in 2004-05.

He said there was an increase in additional investments made by companies in the state to an extent of Rs 1760 crore during 2005-06 compared to Rs 808 crore in the previous year.

Officials informed Dr Reddy the department was mooting attracting new companies into the state through creation of adequate built up space, providing quality manpower and creating proper infrastructure.

With regard to Human Resouces Development in IT for providing suitable candidates with required skills to IT industry, the concept of Jawahar Knowledge Centres (JKC) were being extended to Degree Colleges from this academic year, he said.

UNI BR AA 2051

For Daily Alerts
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more