Amarajeevi Potti Sri Ramulu Nellore District

Political disturbance over the demand for a separate Telangana state is forcing information technology (IT) companies to shift. The process to shortlist office space in neighbouring states, like Tamil Nadu, is underway.

“Six companies, including top five in IT and operating in Hyderabad, want to shift before the end of January,” Chennai-based Shriram Properties Managing Director M Murali said.

Software exports from Andhra Pradesh are projected to touch Rs 35,000 crore in 2009-10, and IT companies like Tata Consultancy Services, Infosys, Wipro, Tech Mahindra and HCL are present in Hyderabad.

“Besides Chennai, we have received enquires for leased properties in Visakhapatnam. All want office space for at least 3-5 years,” Murali added.

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