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Hyderabad is known as the second
Silicon Valley in India after Bangalore. Hyderabad's IT exports exceeded $1
billion in 2004. There has been extensive investments in digital infrastructure.
Development of HITEC City prompted several IT and ITES companies to setup
operations in the city - have led civic boosters to call their city "Cyberabad".
The central region of this area is called HITEC City, in the Madhapur suburb.
Hyderabad today has several software technology campuses with leading companies
such as 7Hills Business Solutions, Accenture, AppLabs, Infosys, Invensys,
Microsoft, CSC, Oracle, Wipro, Kanbay, GE, iGate, ValueLabs, ADP, Dell,
Deloitte, HSBCGLT, SumTotal, Intergraph, Analog Devices, Rhythm and Hues
Studios, India, IBM, Keane,Satyam, Baan, Birlasoft, Cypress Semiconductors,
InMage, Emerson Network Power, Commvault Systems, SecureNT - A Cisco Company,
LVL7 - Broadcom Company, SatNav Technologies, Tata Consultancy Services(TCS),
Tata Elxsi,Amazon, Google, HP (Hewlett-Packard), Oracle Corporation, Capgemini,
CA, Inc. (Computer Associates), Qualcomm, Cognizant Technology Solutions (CTS),
Sierra Optima, UBS, Unisys, wellsfargo, Microsoft Corporation, Cntrl S, MindTree,
HCL, Polaris, Kenexa, Bank of America, InfoTech, VisualSoft, Pramati, GoldStone,
Verizon, Virtusa, covansys, FourSoft, CMC, iGATE, LinkWell, Synopsys, Sonata
Software, Sierra Atlantic, etc. having established centers in the city.
Recently, Fab City, a silicon chip manufacturing facility, was finalised to be
setup in the city with an investment of Rs.13,300 crore($3 billion) by the AMD-SemIndia
consortium. Fab City. India’s semiconductor ecosystem is poised to shape up with
the government receiving seven confirmed investment proposals worth $7 billion
for Fab City in Hyderabad. In addition, five more proposals amounting to $800
million have got an in-principle approval while three others are under active
consideration
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