Economy

The major centre of business wheeling and dealing is Hyderabad. Most corporate houses have their main offices in Andhra Pradesh in this city, as does the Telugu showbiz industry. The city is fast challenging the status of Bangalore as the cyber capital of India, having got a big boost from the fact that one of only two overseas offices of the U.S. software giant Microsoft is here. Fuelled by administrative ambition and Government patronage, the IT industry is getting a lot of encouragement here. Capital city, headquarter of the Government of Andhra Pradesh, the world of busy bureaucrats; Hyderabad is also the place where decisions get made, deals are sealed and big contracts awarded. Hyderabad is a major trading centre for pearls and it also manufactures glass, textiles, guns, railway coaches and paper.