K.T. Rama Rao the Telangana state IT and Panchayat Raj Minister said that, “ ‘Investor confidence” has returned to the city and state as many small and medium-sized IT corporation, big company like Amazon, TCS, Google, Wipro and even helicopter manufacturing giant Sikorsky flocking to Hyderabad.”
Over the last three months, recruitment in the IT sector has also picked up. The concept of “walk to work”, which is a hit in many other countries, especially in the IT sector, will also be developed in the city. To de-congest it and boost the leisure and lifestyle aspects initiatives have been planned. In order to make the city more attention-grabbing, a hanging bridge (suspension bridge) across the Durgam Cheruvu is one such idea to decongest the IT hub.
While many key projects like like the Telapur Technocity and Manchirevula Tower Project by the Anil Ambani Group are being revived. Besides companies like Coca Cola, Ikea Furniture, ITC, Johnson & Johnson and Sikorsky are coming in.