Hyderabad’s ambition is not to be Bengaluru, but compete with the best cities in Asia Pacific such as Hong Kong and Singapore as well those across the world, K.T. Rama Rao, Telangana’s Industries and IT Minister, said on Monday.
Opening professional services and investment management firm Colliers India’s new office in Hyderabad, the Minister said this, pointing to how in eight years Hyderabad has grown at a breakneck speed on the back of a thrust on infrastructure development, attracting more investments and turning more business friendly.
“There were times when we could not even do 2 million sq ft per annum [new office space transactions], but now we literally give Bangalore a run for its money,” he said, seeking to highlight how with Telangana formation the landscape changed.
