Skilled Human Capital: Access to highly educated talent pool that is smart and cross-trainable. Location selectors will evaluate the enrollment and degrees conferred in engineering, business and computer science. Hi-quality colleges and training facilities in Hyderabad are a sure sign that selectors of startup firm cannot ignore.
Cost benchmarking: Hyderabad was a natural choice based on cost benchmarking carried out by Mars Telecom. Key to start-ups, major geographically-variable operating costs determining the location decision find Hyderabad attractive in human capital cost, supplier purchases, air travel among locations, real estate costs and tax costs.
Competitive business climate: Selection analytics includes high growth & dynamic environments for many reasons and is increasingly affected by tax environments. Tax concessions by Govt of AP/India, STPI benefits, land allotments, power concessions, investment subsidies etc are sure winners amongst start-ups.
Employee Management: Opportunity for a highly balanced workpersonal life resulting in enhanced employee productivity and lesser attrition. Most start-ups are after a young and entrepreneurial workforce. The strong presence of the 20-30 year old age group leads the pack of choices. And Hyderabad is always young in this aspect.
With effective long-range planning and strategic development initiatives, Hyderabad has all the essential fundamentals to be the preferred destination for IT companies. Strategic academic-industry collaboration via 'Class room thru cubicle transistion', proactive venture capitalism, 'easy availability of plug & play infrastructure', finishing schools with cross-cultural and international multi-language training capabilities will undoubteldly accelerate and consolidate the growth that Hyderabad currently experiences.
