Hyderabad is poised to become India’s next Silicon Valley, thanks to a concerted effort in building world-class infrastructure, fostering innovation, and supporting incubation, said Kishore Seshagiri, Executive Director and Chief Digital Officer of fintech firm Broadridge India.
During his keynote on ‘Hi-tech Hyderabad: Placing Indian Devs on the Global Map’, at YourStory’s DevSparks, Seshagiri highlighted the city’s impressive GDP growth of 8.47%, surpassing the national average. He said Hyderabad’s GDP would reach $200 billion by 2035.
Seshagiri noted that the city’s rapid development and the collaborative efforts of government policies and corporate enterprises, and local talent have made it an attractive hub for tech professionals. He also stressed the importance of the “virtuous cycle” created by these collaborations, which has been pivotal in Hyderabad’s success.
Highlighting the city’s infrastructure, he mentioned that key institutions such as IIIT Hyderabad and IIT Hyderabad, and initiatives such as T-Hub, which support innovation, are playing a big role in transforming the city.
Seshagiri stated, “We have great institutes, accelerators like T-Hub, and a great opportunity for people who want to be founders.”
He also outlined three factors essential for Hyderabad’s continued growth: incubation, innovation, and infrastructure.
Urging developers to shift from a “developer mindset” to an “engineering mindset”, he said, “Start thinking about how to build scalable, secure, and resilient systems.”
Seshagiri also highlighted the need for a transformation from a project approach to a product mindset. “A product is an ever-living organism,” he remarked.
