Hyderabad the fourth largest city in India is now the capital of both Southern states Andhra Pradesh and newly formed Telangana. Hyderabad because of its renowned global center for Information Technoloy is also known as 'Cyderabad' (Cyber city). By housing the largest number of Special Economic Zones (SEZs) in the country, Hyderabad's contribution to the Indian economy has been substantial. Industrial, IT, Tourism and the service sector are the four main pillars that boost Hyderabad's economy.
With the development of the inner ring road between Reti Bowli and Uppal covering 50 kms is an important factor that aids the decongestion of the city.
National highway 7 runs from the North to the South through Uttar Pradesh, Andhra Pradesh, Telangana, Madhya Pradesh and Maharashtra.
NH9 runs through the centre of the country stretching over 841km to Pune in Maharashtra.
The Rajiv Gandhi International Airport which is located 25kms away from the city has the capacity to handle 12 million passengers annually.
Since the 1990's a key emphasis has been given to the IT industry which is now an established hub like Bangalore for a number of established software companies, BPO's and firms that provide technological and knowledge services.
Currently there are 1300 IT's including companies like Infosys, Google, Accenture, Amazon etc contributing to 98% of Andhra Pradesh's exports in the IT sector.
With a large number of investments being made in the city construction companies in Hyderabad are acquiring plots of land around the city to build IT parks facilitating the development of companies that are investing in the growth of the IT industry.
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