Bharani Kumar Aroll, President, HYSEA×
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Contrary to popular perception there has been no significant reduction in the office space by the IT and BPO firms in Hyderabad.
“We have recently conducted a survey among the IT firms in Hyderabad. No company told us that they are reducing the space or not renewing their lease agreements,” Bharani Kumar Aroll, President of Hyderabad Software Enterprises Association (HYSEA) told
BusinessLine.
Some of the IT SMEs did face the issue of cash flow initially. “But since the demand for IT and digitisation have gone up as the pandemic progressed, the situation has improved of late,” he said.