Hyderabad it park- the role of sez in it/ites sector

Hyderabad IT Park- The Role of SEZ in IT/ITES Sector

Hyderabad has indeed recorded a robust change over the last decade and it’s going to stay here and continues to pace its growth with study growing demand for SEZ. With the state governments keep on attitude it has gone to a step further by adding more IT/ITES SEZ.

With the focus on ready to use office space that includes fully equipped offices, Meetings and Conferences Halls and other facilities and other world-class services that result in increased satisfaction of many clients. As such developers like Hyderabad IT Park has identified business locations to develop office spaces.

IT parks and SEZ are synonymous with globalization that ensures a flow of labor and capital so that every one benefits from investments. The lower the cost of production of SEZ the higher the unique advantage of increasing the potential of IT sectors.

The role of IT parks and SEZ are vital as they are instrumental in the growth of IT and also influence the growth of other sectors like ITES and KPO. The main reason for preferring SEZ like Hyderabad IT Park is because they developing infrastructure like better connectivity roads, the concept of green building, creating parks and improving the quality of basic amenities.

The benefits that accrue when an IT Park like Hyderabad IT Park is situated in SEZ are maximum tax break holiday which extend till 10 years, the economic activity also covers trading, servicing, reconditioning, labeling and repacking.

With attractive tax benefits the demand for SEZ is likely to intensify further. It’s the high occupancy levels combined with extensive fiscal benefits provided to developers that make IT and ITES SEZ and viable option for business expansion.

A look at some the companies that have set up their offices in Hyderabad IT Park are Microsoft India Development Center (MSIDC), GOOGLE, DELL International, YAHOO INDIA, SUN MICRO SYSTEMS are some of the few to be named.

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