Hyderabad
Hyderabad, the financial capital of Andhra Pradesh, is also known as 'Cyberabad' because of the rapid progress it has made in the field of IT.
As per 2006 statistics, the per capita income of Andhra Pradesh was at Rs 25,625 (less than Rs 200 of national average). The city, that used to be a service city, is now the seat of many businesses, including trade, transport, commerce, storage, communications, and most importantly IT.
Like Bengaluru, Hyderabad too has witnessed a real estate boom in recent times, mainly because of the growth of IT and retail business in the city.
Hyderabad has also made considerable progress in the field of bio-technology through initiatives like Genome Valley and Nanotechnology Park.
Image: Employees of Satyam group stand outside the city centre mall in Hyderabad. | Photograph: Noah Seelam/AFP/Getty Images
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