Recession In Us Could Be Good For Hyderabad Techies.

As predicted, a recession in the US will slow down the IT sector's growth. This might turn out to be quite beneficial for some Indian companies, especially those in Bengaluru, Hyderabad, and Pune.

It is because many companies could outsource work to, thereby creating jobs. Also, the kind of work being outsourced to India has gone up the order from being just some voice-based call centres.

Hyderabad Software Enterprises Association President and Infosys Hyderabad SEZ Centre Head Manisha Saboo predicts more work will come to India. T he Mobility Valley will offer opportunities in animation, semiconductors, and new segments.

The thriving IT and startup ecosystem in Hyderabad will continue to make the city attractive. It will not be difficult for companies to find the skilled talent they need here.

Additionally, the Telangana Academy of Skills and Knowledge trains manpower according to industry needs. Furthermore, the State government is undertaking a variety of initiatives that will enable the creation of quality infrastructure, which will drive business growth, she said, adding that Hysea is also working with colleges to manage talent.