Exercises · Q6
Q.Explain the role of Hyderabad as an information technology and pharmaceutical hub. Mention HITEC City and Genome Valley.
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Start your 14-day free trial to unlock the full solution →Hyderabad, the capital, is the principal driver of Telangana's industrial and service economy.
As an IT hub:
- The technology corridor known as HITEC City and the wider Cyberabad area host a very large number of Indian and multinational technology firms.
- It has grown into one of the country's largest IT and IT-enabled-services (IT/ITeS) export centres, employing lakhs of skilled professionals.
- The concentration of companies, campuses and talent creates an agglomeration economy that keeps attracting further investment.
As a pharmaceutical and life-sciences hub:
- Genome Valley, on the outskirts of Hyderabad, is a large dedicated life-sciences and biotechnology cluster with research and manufacturing units.
- The region is a major centre of India's bulk-drug, pharmaceutical and vaccine industry.
Wider significance:
- These clusters make services the largest sector of the state economy and give Telangana one of the fastest growth rates among Indian states. …
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