Hyderabad, India. State capital of Telangana and Andhra Pradesh. Situated among the spectacular terrain of the Deccan Plateau Lonely Planet named Hyderabad as the world’s third best city to visit in 2013. A historical centre for the diamond and pearl trade and a major industrial centre since the 1960s, Hyderabad is certainly a location worth taking notice of. Today however, Hyderabad offers much more than tourism and jewellery, traditional manufacturing too has largely moved elsewhere. The Hyderabad of today potentially represents one of the most exciting opportunities in modern India. With the greatest number of special economic zones of any city in India and the centre of two major knowledge hubs. With these assets Hyderabad has managed to attract some of the largest international players in life sciences and information technology.
The two main knowledge clusters associated with Hyderabad are the Hyderabad Information Technology and Engineering Consultancy City (HITEC City) and Genome Valley. HITEC City is a 151 acre parcel of land dedicated entirely to providing workspace for technology companies within the city of Hyderabad itself. Genome Valley is the name for a group of research and science parks spread across Telangana state. The two largest of these being the IKP knowledge park and the two phases of the Alexandria Knowledge Park, situated adjacent to each other in Turkapally just 40 kilometres north of Hyderabad’s city centre. Dozens of biotech firms, both domestic and international have set up operations in and around Hyderabad including such major players as: Bayer Biosciences, Biogenix International, Novartis International, Coviden PLC and many more besides. Biotech is big business in Hyderabad, as reported by the Daily Telegraph in 2010, Hyderabad’s bio-pharmaceutical exports between 2008-09 totalled $3.1 billion US. The BioAsia conference, organised by the Federation of Asian Biotech Associations (FABA), has been held annually at the Hyderabad International Convention Centre (HICC) since 2004 and attracts exhibitors and speakers from across the globe.
The tech sector is no less impressive. Hyderabad and the surrounding area providing Indian bases for a large number of big name companies including Google, Oracle, Amazon, IBM, Motorola and Samsung. Facebook opened their first Asia office in Hyderabad in 2010 and Microsoft operates their largest R&D campus outside of the United States in the city.
Education, education, education
Additionally, Hyderabad can lay claim to some of the most impressive academic pedigrees in southern India specialising, somewhat unsurprisingly, in technical and scientific subjects. Institutions of note include: The Indian School of Business, a campus of the Indian Institute of Technology, the International Institute of Information Technology Hyderabad and a branch campus of the Birla Institute of Technology and Science, Pilani.
Considering the facilities and expertise Hyderabad boasts, it is a shining example of the new India, modern, thriving and looking to the future. The knowledge economy has found a comfortable home in Hyderabad. Will you?
Mayor: Mohammed Majid Hussain
Population: (2011) 6,809,970 (City) 7,749,334 (Metropolitan Area) Sourced from Census India
Key Areas for Investors: Software, data management, financial services, biomedical sciences, agricultural sciences, pharmaceutical industry.
Greater Hyderabad Municipal Corporation: http://www.ghmc.gov.in/
L&T Infocity http://www.ltinfocity.com/
Hyderabad International Convention Centre http://www.hicc.com/
Featured Image: HITEC City Mindspace Campus – By peculiar235 [CC-BY-SA-2.0], via Wikimedia Commons