Another major influx into Hyderabad’s ever-growing IT arena comes in the form of Rite Software, which inaugurated its new Software Development Centre today. The global IT solution provider, RITE Software, headquartered in Houston, USA, has set ambitious growth targets, aiming to reach $100 million USD in the coming years worldwide.
The company’s proposed investment of Rs. 100 Crores (approximately $12 million USD) in Telangana is a significant boost, bringing with it the promise of creating over 1,000 IT jobs within the next three years. This commitment by Rite Software is highly commendable as it contributes to the growth and employment opportunities not only in Hyderabad but also in Tier-II cities like Warangal.
The inauguration ceremony was attended by various dignitaries, who expressed their gratitude to Rite Software for their substantial investment in the state. This move reflects the company’s dedication to fostering growth and development while creating employment opportunities for the local workforce.
The entry of Rite Software into the Hyderabad IT landscape is an exciting development that further strengthens the city’s position as a thriving technology hub. The government and industry leaders are optimistic about the positive impact this investment will have on the IT sector and the overall economy of Telangana.
