{"id":5827,"date":"2023-06-05T18:53:40","date_gmt":"2023-06-05T13:23:40","guid":{"rendered":"https:\/\/vglobenews.com\/telanganas-it-exports-surge-by-31-44-adds-1-27-lakh-jobs\/"},"modified":"2023-06-05T18:53:40","modified_gmt":"2023-06-05T13:23:40","slug":"telanganas-it-exports-surge-by-31-44-adds-1-27-lakh-jobs","status":"publish","type":"post","link":"https:\/\/vglobenews.com\/?p=5827","title":{"rendered":"Telangana&#8217;s IT Exports Surge by 31.44%, Adds 1.27 Lakh Jobs"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"360\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00497151197166017487590.jpg?resize=640%2C360&#038;ssl=1\" alt=\"\" class=\"wp-image-5820\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00497151197166017487590.jpg?w=700&amp;ssl=1 700w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00497151197166017487590.jpg?resize=300%2C169&amp;ssl=1 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p><strong>Hyderabad, June 5: Telangana has witnessed a remarkable surge in its information technology exports, registering a growth of 31.44 percent and adding nearly 1.27 lakh new jobs during the fiscal year 2022-23, surpassing expectations.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"384\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa0053976668442327033125.jpg?resize=640%2C384&#038;ssl=1\" alt=\"\" class=\"wp-image-5821\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa0053976668442327033125.jpg?resize=1024%2C614&amp;ssl=1 1024w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa0053976668442327033125.jpg?resize=300%2C180&amp;ssl=1 300w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa0053976668442327033125.jpg?resize=768%2C461&amp;ssl=1 768w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa0053976668442327033125.jpg?resize=1536%2C922&amp;ssl=1 1536w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa0053976668442327033125.jpg?w=1600&amp;ssl=1 1600w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa0053976668442327033125.jpg?w=1280&amp;ssl=1 1280w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p><strong>According to the annual report released by Minister for Information Technology K. T. Rama Rao, the state achieved IT\/ITeS exports of Rs 2,41,275 crore during the year, a significant increase from Rs 1,83,569 crore in the previous year, representing a growth rate of 26 percent.<\/strong><\/p>\n\n\n\n<p><strong>Despite the impact of the Covid-19 pandemic, global recession, and economic slowdown, Telangana showcased exceptional performance in the IT\/ITeS sector. Minister KTR highlighted that the state&#8217;s remarkable export growth of 31.44 percent during the fiscal year 2022-23 far exceeded the national averages.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"300\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00468109123504832568855.jpg?resize=400%2C300&#038;ssl=1\" alt=\"\" class=\"wp-image-5822\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00468109123504832568855.jpg?w=400&amp;ssl=1 400w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00468109123504832568855.jpg?resize=300%2C225&amp;ssl=1 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"356\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00509018680734341254008.jpg?resize=640%2C356&#038;ssl=1\" alt=\"\" class=\"wp-image-5826\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00509018680734341254008.jpg?resize=1024%2C569&amp;ssl=1 1024w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00509018680734341254008.jpg?resize=300%2C167&amp;ssl=1 300w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00509018680734341254008.jpg?resize=768%2C427&amp;ssl=1 768w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00509018680734341254008.jpg?w=1200&amp;ssl=1 1200w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p><strong>The surge of Rs 57,706 crore in exports achieved in the fiscal year 2022-23 is the highest annual rise since the formation of the state in 2014, showcasing Telangana&#8217;s rapid progress in the sector.<\/strong><\/p>\n\n\n\n<p><strong>Furthermore, Telangana generated a substantial number of employment opportunities with the addition of 1,27,594 new jobs during the financial year 2022-23, bringing the total IT\/ITeS employment in the state to 9,05,715. This impressive growth represents a year-on-year increase of 16.29 percent compared to the previous fiscal year.<\/strong><\/p>\n\n\n\n<p><strong>Minister KTR expressed confidence in Telangana&#8217;s ability to surpass the targets set in the 2nd ICT Policy 2021-26, aiming for Rs 3 lakh crore in exports and 10 lakh jobs. The state is positioned to achieve these ambitious milestones as early as next year, 2024, two years ahead of schedule.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"163\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00512126389231249624972.jpg?resize=300%2C163&#038;ssl=1\" alt=\"\" class=\"wp-image-5823\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00512126389231249624972.jpg?resize=300%2C163&amp;ssl=1 300w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00512126389231249624972.jpg?w=680&amp;ssl=1 680w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/figure>\n\n\n\n<p><strong>Highlighting the remarkable progress, KTR emphasized that Telangana has come a long way since 2013-14 when the IT\/ITeS exports were only Rs 57,258 crore, and the sector employed 3,23,396 individuals.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"225\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00479121564055835743045.jpg?resize=300%2C225&#038;ssl=1\" alt=\"\" class=\"wp-image-5825\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00479121564055835743045.jpg?resize=300%2C225&amp;ssl=1 300w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa00479121564055835743045.jpg?w=620&amp;ssl=1 620w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/figure>\n\n\n\n<p><strong>The impressive growth in IT\/ITeS exports and employment generation reflects Telangana&#8217;s commitment to fostering a conducive environment for the technology sector, making it an attractive destination for IT companies and investors.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"168\" src=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa0052866138640236294445.jpg?resize=300%2C168&#038;ssl=1\" alt=\"\" class=\"wp-image-5824\" srcset=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa0052866138640236294445.jpg?resize=300%2C168&amp;ssl=1 300w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa0052866138640236294445.jpg?resize=768%2C430&amp;ssl=1 768w, https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/img-20230605-wa0052866138640236294445.jpg?w=800&amp;ssl=1 800w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Hyderabad, June 5: Telangana has witnessed a remarkable surge in its information technology exports, registering a growth of 31.44 percent and adding nearly 1.27 lakh new jobs during the fiscal year 2022-23, surpassing expectations. According to the annual report released by Minister for Information Technology K. T. Rama Rao, the state achieved IT\/ITeS exports of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[15,267,29],"tags":[429],"class_list":["post-5827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","category-tech","category-telangana","tag-telanganaitexports-itindustrygrowth-jobcreation-techboom-exportsurge-digitaleconomy-techhub-employmentopportunities-ictpolicy2021-26-techprogress-investintelangana"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Telangana&#039;s IT Exports Surge by 31.44%, Adds 1.27 Lakh Jobs - VGlobe News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/vglobenews.com\/?p=5827\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Telangana&#039;s IT Exports Surge by 31.44%, Adds 1.27 Lakh Jobs - VGlobe News\" \/>\n<meta property=\"og:description\" content=\"Hyderabad, June 5: Telangana has witnessed a remarkable surge in its information technology exports, registering a growth of 31.44 percent and adding nearly 1.27 lakh new jobs during the fiscal year 2022-23, surpassing expectations. 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Rama Rao, the state achieved IT\/ITeS exports of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/vglobenews.com\/?p=5827\" \/>\n<meta property=\"og:site_name\" content=\"VGlobe News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/vglobenews.flow\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-05T13:23:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/vglobenews.com\/wp-content\/uploads\/2023\/06\/IMG-20230605-WA0048.jpg?fit=306%2C165&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"306\" \/>\n\t<meta property=\"og:image:height\" content=\"165\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"VGlobe News\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@VGlobeNews7\" \/>\n<meta name=\"twitter:site\" content=\"@VGlobeNews7\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"VGlobe News\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=5827#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=5827\"},\"author\":{\"name\":\"VGlobe News\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/#\\\/schema\\\/person\\\/616b595b869ea3529a40ee29148fe1b8\"},\"headline\":\"Telangana&#8217;s IT Exports Surge by 31.44%, Adds 1.27 Lakh Jobs\",\"datePublished\":\"2023-06-05T13:23:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=5827\"},\"wordCount\":309,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=5827#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/vglobenews.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/IMG-20230605-WA0048.jpg?fit=306%2C165&ssl=1\",\"keywords\":[\"#TelanganaITExports #ITIndustryGrowth #JobCreation #TechBoom #ExportSurge #DigitalEconomy #TechHub #EmploymentOpportunities #ICTPolicy2021-26 #TechProgress #InvestInTelangana\"],\"articleSection\":[\"National\",\"Tech\",\"Telangana\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/vglobenews.com\\\/?p=5827#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/vglobenews.com\\\/?p=5827\",\"url\":\"https:\\\/\\\/vglobenews.com\\\/?p=5827\",\"name\":\"Telangana's IT Exports Surge by 31.44%, Adds 1.27 Lakh Jobs - 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