In an indication of the city’s growing clout as a major IT hotspot in the country, Hyderabad has seen a record absorption of 6 million square foot of office space by the IT industry alone in 2016, Telangana IT secretary Jayesh Ranjan said here on Wednesday.
“In terms of growth there is one indicator that we generally do not speak about, but it is worth mentioning that in this calendar year… from January till now, Hyderabad has seen a consumption of 6 million square foot of IT space. This is a record because never before in the last 25 years did we consume more than 3 million square foot in any given year,” Ranjan said while addressing IT honchos of the city during the Hyderabad Software Enterprises Association’s (HYSEA) silver jubilee celebrations here.
Read more: TOI
