Telangana IT exports up 11%, outpaces national average

An official release said the sector now supports over 9.46 lakh professionals with a net addition of over 40,000 jobs in FY24.

BySouth First Desk

Published Aug 05, 2024 | 1:00 PMUpdatedAug 05, 2024 | 1:00 PM

Hyderabad

Telangana’s total exports in the IT sector reached ₹2,68,233 crore during the last financial year, reflecting an 11.2 percent increase from the previous year. This growth rate significantly outpaces the national average growth of 3.3 percent. The sector supports over 9.46 lakh professionals with a net addition of over 40,000 jobs in FY24, representing a 4.5 percent increase in employment.

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