CCSAP Report - Ministry of Home Affairs

fifth largest centre after Bangalore, Mumbai, the National Capital Region, and
Chennai, and much ahead of locations such as Pune and Kolkata. There have
been a number of interventions since that have improved Hyderabad‟s
infrastructure and increased its capacity to absorb such investments. This is
discussed later in this chapter.
6.11.03 However, this would not have been possible without some natural
advantages of Hyderabad. First, it has over the years, been a centre for higher
education. Second, because of its cosmopolitan nature, it has been able to attract
trained and talented personnel from within the state as well as outside the state.
The diversity of its population and the use of Hindi as a language for interaction
are to its advantage. Third, the agglomeration feeds on itself and the very
concentration of quality human resources and active labour market in IT and
ITES personnel now attract both firms and employers to the city. The employers
come because the people and infrastructure are here and the people come
because the employers are here.
6.11.04 While there are local investors in IT and ITES sector (with the
infamous Satyam being a leading but not typical example), the composition of
the firms established in the city is largely national and international in character,
with over a hundred distinct firms. As such, this industry is connected more to
the national (through investment) and global economy (through the market) than
it is to the regional economy.
6.12 Real Estate
6.12.01 The real estate sector in Hyderabad is intricately linked to the IT
and ITES sector and its character within the city have been shaped by
investments by the sector. Since facilities are an integral part of productivity in
the IT and ITES sectors, the investment by IT majors also saw the arrival of real
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