Hyderabad: Meanwhile, The IT industry has become synonymous with Hyderabad and Ranga Reddy. As a result, the new Telangana state will have the complete IT pie in its kitty.
Efforts to diversify the IT presence to other parts of the undivided state have by and large remained confined to Visakhapatnam so far. As per experts in the IT industry, after bifurcation too, the brand Hyderabad will keep expanding and, therefore, Seemandhra might have to build up the manufacturing sector as its strength.
Currently, Seemandhra has a concentration of steel, pharmaceuticals, jute and related small industries. The region has the benefit of nearby ports and therefore can build up on the manufacturing sector already present. However, over the years there has been a huge exodus of labour towards Hyderabad, which will be a problem, feel the industry experts
Meanwhile, the Telangana region will also face a power crisis. With the power allocation between the discoms being re-arranged, the region is facing a cut in the power allocations from 48 to nearly 30 mu. This is expected to affect the industrial sector in the region.
