Hyderabad: Multinational companies are now eyeing on Hyderabad. They are searching for suitable places for starting their offices. In the Special Economic Zone, JP Morgan, IBM and other companies are planning to start their offices. Soon after the announcement of plans to start offices by Apple, Google and Amazon, other investors are showing interest in establishing offices in Hyderabad. It is reported that the officials of these companies are in contact with the State Govt. officials. It was also reported that some of the companies which have their head offices in Bengaluru are interested in opening their branch offices in Hyderabad.
Experts opine that the objective of starting the offices of MNCs is to strengthen the relations of the consumers and also to ensure better services. Many MNCs have promoted their business by starting their offices in Hyderabad. Very soon, new companies will establish their offices in Hyderabad which will ensure promotion of IT industry. With the positive reaction of the representatives of JP Morgan and IBM, it seems that Govt. of Telangana is serious about the overall industrial development of the State.