If we have to achieve this, we have to accelerate growth beyond Bengaluru and Covid has . Currently, Bangalore is facing an i. According to PTI, he said at present Hyderabad, which has been in a battle for IT supremacy with Bangalore for nearly two decades, accounts for only 13 per cent of the country's IT exports against 31 per cent from the Garden City. Download Table | Bangalore and Hyderabad: comparative statistics from publication: Comparing the Entrepreneurial Ecosystems for Technology Startups in Bangalore and Hyderabad, India | Technology . The new office located in Knowledge City Skyview Towers here, offers jobs to some 10,000 people on its campus. All Rights Reserved, Hyderabad outshadows Bengaluru in IT exports, Updated: 28th September 2019 12:27 am IST. Of . According to PTI, he said at present Hyderabad, which has been in a battle for IT supremacy with Bangalore for nearly two decades, accounts for only 13 per cent of the country's IT exports. IT and ITeS Companies in Hyderabad Hyderabad comes second in rank just after Bangalore in terms of how many IT operating companies they are home to. Even in the su. Enough of this mess! Disclaimer : We respect your thoughts and views! For years, Bengaluru has been the biggest absorber of Grade A office space, driven by demand from IT and technology companies. Enough of this mess! In 2016-17, the exports were Rs 1, 41,846 crore; 2017-18-Rs 1, 52,280.16 crore; 2018-19-Rs 1 . Hyderabad: IT Minister KT Rama Rao today said Hyderabad is surpassing Bengaluru in IT exports as the government supports IT companies in a big way. The number of IT sector employees in 2014-15 was around 3.8 lakh. 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When it comes to revenue growth of IT firms, Hyderabad reported a 16 per cent growth, which is 3 percentage points more than the national average of 13 per cent, he said. theres a fact that not a lot of people know about hyderabad it is not only second leading city in it exports but Along with secretary James Ranjan, the minister inaugurated Mphasis, a new software company at Rayadurgam here on Friday. The domestic revenue of the IT industry is estimated at US$ 49 billion and export revenue is estimated at . While Bangalore has the legacy, Hyderabad has the infrastructure. bangalore is india's largest it exporter where as hyderabad is india's second largest it exporter . "Our share in the total IT exports in the country has been around 8 per cent . Entire site is probably <400 (eng) and targeting maybe 1k by year end. Quick Jump: Bangalore *Chennai* Hyderabad*Hyderabad Bangalore by Bus-Comparison of operators City Name: Bangalore (Bengaluru) Garden city and IT capital. newindianexpress.com reserves the right to take any or all comments down at any time. The match is a part of the Indian Super League. j7k8dv9e. Published: 10th March 2020 09:03 AM| Growth in services has largely been fuelled by IT and business services. If we look at the last five years' trend, software exports have seen a steady growth year after year. Uber to invest $50M in Hyderabad to set up biggest global office, To help starting up new business, Telangana unveils new industrial policy, With innovate, incubate, incorporate mantra, Telangana aims at becoming the startup capital of the world. The IT Minister said the State government was committed to give a big push for IT,ITESand other businesses. Slow coaches: Trains to airport running on empty. Bangalore, Hyderabad among top 20 global cities attracting FDI in ICT sectors, reports L&P. For the ICT and Electronics sector, in particular, Bangalore ranked sixth with 37 companies compared to . Hyderabad Vs Bangalore | City Comparison 2022 | Hyderabad Telangana | Bangalore KarnatakaHi welcome #comparekinggb#hyderabad #bangalore #karnataka #telangana. Bangalore (/ b l r /), officially Bengaluru (Kannada pronunciation: [beguu] ()), is the capital and largest city of the Indian state of Karnataka.It has a population of more than 8 million and a metropolitan population of around 11 million, making it the third most populous city and fifth most populous urban agglomeration in India, as well as the largest city in . The State government offers hassle-free permissions, land, facilities to companies coming up with investments and providing jobs and employment to locals, KTR said. Currently, Hyderabad FC rank 1st, while Bengaluru FC hold 7th position. Because of Hyderabad, ITeS and IT exports from Telangana have increased at a massive CAGR of 11.32% from FY 2013-2014 to FY2021. Answer (1 of 6): I was born and raised in Telangana and currently reside in Bengaluru since 2014. The IT industry accounted for 8% of India's GDP in 2020. Even though Bangalore hogged the headlines following the success of Isro's Mars Mission, Rao said 30 per cent of the components in the project were made by Hyderabad firms. Follow us for updates, SC upholds 10 per cent reservation for Economically Weaker Sections with 3:2 verdict, SC sets aside HCs order admitting pleas seeking ED probe in allegations against Jharkhand CM, Kerala Governorasks two TV channels to go out from a presser; creates a stir, Court orders to proceed with framing charges against cops who handled rape case against Sengar. Hyderabad FC is going head to head with Bengaluru FC starting on 22 Oct 2022 at 14:00 UTC . All the comments will be moderated by the newindianexpress.com editorial. It was . Career Climate : Bangalore's climate is quite consistent throughout the year. Information Technology in India is a vast industry which comprises information technology services, consulting, and outsourcing. Telangana contributed to over 11 per cent of the countrys IT exports. Starting in the 1990s, the economic pattern of the city changed from a primary service hub to a more diversified economy, but the service industry still remains a major contributor. Language 3. Bengaluru was at just 14%. Source: World Tourism Organization, 2022. Pune is followed by Mumbai, which reported exports of Rs . Information Technology (IT) exports from Telangana have witnessed enormous growth and reached 1.40 lakh crore in 2021 as against 56,000 . The IT and BPM industry's revenue is estimated at US$ 227 billion in FY 2022, an increase of 15.5% YoY. The cost of living in Ahmedabad is 3% less expensive than in Bangalore. Demand for office space is rising in Hyderabad. Whats more, Knight Frank estimates that in the second half of 2019, Hyderabad, with 8.9 million sqft of office transactions, did better than Bengaluru, at 7 million sqft. 2. Climate 2. Bangalore's GDP is estimated to be 140% higher than Chennai's, making the economy significantly stronger. SEND PRIVATE MESSAGE. Transport 4. Bangalore and Hyderabad have a thriving technology industry and booming startup culture. Cities ranked 8528th and 8483rd ( $468 vs $480) in the list of the most expensive cities in the world and ranked 10th and 7th in India. Search for what you want, categories, tags, keywords, authors, events, anything under YourStory. Hyderabadhouses over 1,500 IT companies that together employ over 5.4 lakh professionals and support indirect employment for over seven lakh people. "Our share in the total IT exports in the country has been around 8 per cent . The total value of software and IT products exports from the State accounted for Rs 1,09,219 crore in 2018-19. Copyright 2022 Bennett, Coleman & Co. Ltd. All rights reserved. Hyderabad. Bengaluru to Mysuru to be a smooth road Bengaluru to Mysuru to be a smooth road away. He welcomed the new companies to invest and become part of the growth of Telangana State. 35% of the country's IT exports come from this city. Hyderabad second in total revenue from IT sector The total value of software and IT products exports from the State accounted for Rs 1,09,219 crore in 2018-19. Rao said that the state, through its proactive policies, aims to double IT exports from the present USD 11 billion in the next five years. The scandal at Satyam led to Bangalore to emerge as undisputed leader. The IT sector also contributed to the growth of service sector. 5. has a stock exchange. If we have to achieve this, we have to accelerate growth beyond Bengaluru and Covid has . In the 2018-19 financial year, the export of IT products from Hyderabad touched a new high of INR 1.09 lakh crores (US 415.82 billion), growing 17 percent, which is nearly double the country's nine percent growth rate. Total software exports from India stood at Rs 11,12,496 crore in 2019-20. While in the last financial year IT exports from the state grew 17% to reach Rs 1.09 lakh crore as compared to Rs 93,422 crore in financial year 2017-18, employment grew by 14.24% to reach 5.43 . As of 2006, the largest employers of Hyderabad are the governments of Andhra . "We want Hyderabad to be the No 1 in terms of information technology, ahead of Bangalore, in the next few years," Telangana IT minister KT Rama Rao told reporters in Mumbai. The total software exports out of Maharashtra amount to Rs 51,760 crore, second only to Karnataka (Rs 80,000 crore). Hyderabad is growing, and so is the demand for space. Match Details. In 2019 too, Bengaluru remained the biggest absorber. 1. Hyderabad Vs Bangalore Living Comparison. For reprint rights:Times Syndication Service, Bengaluru has a lions share in exports; (above) Bagmane Tech Park is one the citys famed tech parks, The industry is flourishing like never before in Karnataka with numbers touching Rs 2 lakh crore for the first time in history. Hyderabad, home to large facilities of Apple, Microsoft, Google, Facebook, & Amazon, witnessed the biggest surge in tech space absorption in 2019. Rao said his government will soon be launching the country's largest technology incubator for start-ups and has already signed up with reputed law schools and technology institutes in the city. The growth rate between 2014-15 and 2018-19 in IT and ITeS exports was 13.3 per cent. To contribute an article to Siasat Daily or enquire about syndication, please write to, Copyright Siasat Daily, 2022. Answer (1 of 39): Let me classify based on various aspects as I have stayed in both the cities and not being a localite, may be a little unbiased (I hope so!). Computer services comprised 49% of total services exports in the first half of fiscal 2022 and reported strong growth due to increasing demand for digital support, cloud . He also said Hyderabad has achieved 17% growth in IT sector while Bengaluru achieved 7 to 9 percent. :-- 43.26% Accomodation Cost Telangana contributed to over 11 per . IT sector exports from Telangana account for 50 per cent of total exports from the State. It is home to some of the most successful IT firms in India. Challenges and opportunities. As many IT companies were quick to adapt to WFH and later the hybrid model, their work was least affected, Copyright Bennett, Coleman & Co. Ltd. All rights reserved. National capital status indicates that a city is of great importance for political and diplomatic matters. Software exports grew 17.93 per cent at Rs 1,28,807 crore (Rs 1.29 trillion) from Telangana in the year 2019-20 as compared to Rs 1,09,219 crore in the previous year, outperforming the overall growth rate of Indian software exports during the year, according to state IT . In contrast, the national growth rate in the said period, according to Nasscom, is estimated to be just 1.9% at $150 billion. Hyderabad ranked second in terms of total revenues from the IT sector in the country. As per the data from our users average cost of living in Hyderabad, India is expensive/cheaper than Bangalore, India. 4. is a capital city. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. Bangalore. For comparison, Bangalore (eng) head count is heading towards 6k. Telangana contributed to over 11 per cent of the countrys IT exports. Climate - Bangalore climate is pretty much same round the year. Information Technology and ITeS exports from Telangana increased over 26% to 1,83,569 crore in 2021-22, a fiscal that also saw nearly 1.50 lakh new jobs added in the sector in the State. Hyderabad FC played against Bengaluru FC in 1 matches this season. Hyderabad, a leading global IT hub, houses over 1,500 IT companies that together employ over 5.4 lakh professionals and support indirect employment for over seven lakh people. Amazon. Along with secretary James Ranjan, the minister inaugurated Mphasis, a new software company at Rayadurgam here on Friday. He also noted that recently the city has successfully roped in Amazon, Uber and Tata-Boeing. note : all the images/pictures shown in the video belongs to the respected owners and not me..i am not the owner of any pictures showed in the videos-----. Help us delete comments that do not follow these guidelines. The Indian government plans to become a $1 trillion digital economy, and we want to have a 30%-40% share. Hyderabad outshadows Bengaluru in IT exports Mohd Aslam Hussain | Hyderabad: IT Minister KT Rama Rao today said Hyderabad is surpassing Bengaluru in IT exports as the government supports IT companies in a big way. He said China-based companies were also evincing interest to set up shops with investments in Telangana State. Economy. Hasaranga has partly filled the Chahal void, while Hyderabad will want more from W. Sundar once the split webbing on his hand heals. 1. The average after-tax salary is enough to cover living expenses for 0.9 months in Ahmedabad compared to 3.1 months in Bangalore. More than the reputed ones, the local ones with a good brand name are being preferred in the city . In personal safety ranking, Hyderabad was ranked 109 and Bengaluru secured 116 rank. That's it for now. The share of services in GSDP increased significantly to 65 per cent in 2019-20 from 57 per cent in 2013-14. 3. Get the news updates on WhatsApp & Telegram by subscribing to our channels. Bangalore is home to startups, but it's Hyderabad which has the big . Bangalore topped the list, followed by Noida, Chennai and Hyderabad. The growth in absorption by Hyderabad was a phenomenal 82%, according to estimates by real estate consulting firm Knight Frank, way higher than all other major cities. While Hyderabad was placed 143rd in the global cities rankings, Bengaluru was down in the 149th position. Try to avoid outside hyperlinks inside the comment. In terms of real estate, while Bangalore is one of the hottest investment destinations owing to rapid commercial development over the years, Hyderabad still offers real estate at competitive prices. Mirrorlights: Morning exercise has no Mirrorlights: Morning exercise has no benefits to control blood sugar, Aero India 2021: 13th edition of air show begins today, PM lays foundation stone of new Parliament building, Terms of Use and Grievance Redressal Policy. Hello everyone in this video I have explained how Hyderabad is going to replace Bangalore as the Silicon Valley of India. Last Updated: 10th March 2020 09:03 AM Bangalore has an estimated GDP of $110 billion. Hyderabad has emerged as a new IT hub, giving stiff competition to Bengaluru for the country's top IT destination. The statistics doled out on Karnataka's capital are impressive: Bangalore contributed $45 billion, or 38 per cent of India's total IT exports, including domestic consumption, last fiscal. Bangalore also lapped up start-ups, hosting the likes of Flipkart and RedBus. Hyderabad: IT exports from Telangana is expected to grow over 7% to touch Rs 1.4 lakh crore (about $19.1 billion) for the financial year 2020-21. |A+AA-. The economy of Hyderabad, the capital of Telangana, India, is based on traditional manufacturing, the knowledge sector and tourism. Hyderabad, on the other hand, would be Kohli, who's staking a claim to the superstar's throne and closing the gap. But there was one big change. The growth in absorption by Hyderabad was a phenomenal 82%, according to estimates by real estate consulting . From my point of view, the following are the fundamentals. Minister lays stone for second phase of IT hub at Khammam. But we need to be judicious while moderating your comments. 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Team Bangalore will look to make it two wins in two in the 2021 Indian T20 League campaign as they take on Hyderabad at the MA Chidambaram Stadium in Chennai on Wednesday.. Harshal Patel was the chief orchestrator of Bangalore's emphatic two-wicket win over Mumbai, which essentially extended their record of losing the first game of an Indian T20 edition since 2012. Sep 12, 2021. He also attended Thundersoft IT company anniversary, which promised to provide 850 jobs. The growth rate in IT employment in the State between 2014-15 and 2018-19 was 9.9 per cent. Among cities, Pune ranks second in the country in software exports after Bangalore. The existing inventory in Hyderabad might not be as vibrant as Bengaluru, but is affordable and have all prominent developers coming up with projects. Heritage cottage demolished, no action Heritage cottage demolished, no action on complaint. Looking to compare the best-rated player on both teams? When the State was formed, IT exports were valued at over Rs 60,000 crore. theres no doubt that bangalore in now leading in number of it companies located in it but hyderabad gives a really close fight to it . However, as the time passed, Hyderabad realty regained its lost sheen, the sentiments improved. In the financial year 2012-13, Pune's software exports were at Rs 29,589.25 crore. Safe XI: Dinesh Karthik, Nicholas Pooran, Mahipal Lomror, Rahul Tripathi, Abhishek Sharma, Aiden Markram . Sania Mirza, Shoaib Malik's marriage in trouble? Source: Wikipedia, 2022. He also said 15,000 jobs were added to Hyderabad's IT workforce of 3.20 lakh over the last 12 months, and claimed that this was the fastest anywhere in the country. Pune and Navi Mumbai ranked after Hyderabad. Match: Bangalore vs. Hyderabad, Match 36; Venue: Brabourne Stadium, Mumbai There are also major manufacturing companies here like Bharat . KTR asked the company and those coming up to provide jobs to local youth by conducting campus interviews. Bangalore. In surveys of business leaders, Indian tech hubs - with Bangalore at the head - are routinely cited as world leaders in . Hyderabad second in total revenue from IT sector. The views expressed in comments published on newindianexpress.com are those of the comment writers alone. It can be noted that Bangalore boasts of names like Infosys and Wipro, while Hyderabad has Satyam and Sify. Pune and Navi Mumbai ranked after Hyderabad. Expected to grow over 7% as against national growth rate of 1.9% this fiscal. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Bangalore topped the list, followed by Noida, Chennai and Hyderabad. Expenses for family in Hyderabad is cheaper/expensive than Bangalore, and for bachelor/students its affordable to Hyderabad Vs Bangalore. Hyderabad. Bangalore has long been the choice of insiders as a prime location to start a business, boasting high level tech professionals, a tradition of experimentation and innovation, and competitive prices base that are attracting an increasing number of European companies. Hyderabad ranked second in terms of total revenue from IT sector. For reprint rights: Times Syndication Service. Bangalore was not initially designed to grow this big; hence infrastructure limitations are causing a major hindrance to cities growth potential. HYDERABAD: Software and IT products exports from Telangana grew by 17 per cent during 2018-19, surpassing the national rate of 7.8 per cent, revealed the State's Socio-Economic Outlook-2020. The minister appreciated the Mphasis for its business foraying in the city which is noted for top-notch companies, world-class IT, businesses.