Archive · 29 Oct 2025
Telangana Ranks Second in IT, Real Estate Job Creation: NITI Aayog Report
Imagine India's job market is like a race.
Telangana is running really fast in creating jobs, especially in technology (IT) and building homes (real estate).
It came in second place across the whole country for these types of jobs!
The report also found Telangana is doing well in other areas like banks, shops, and restaurants.
Telangana's economy is growing a lot because of its focus on digital technology and businesses in its main city, Hyderabad.
This growth is helping create more jobs and showing that the services part of their economy is getting bigger and more important.
Telangana ranks second nationally in job creation within the IT & Communication and real estate sectors, according to the NITI Aayog Report 2023-24.
The state accounted for 12% of IT jobs and 13% of real estate jobs nationwide, with Karnataka leading both categories.
Telangana is among the top 10 states in financial services (ranked ninth) and real estate (ranked sixth).
The state's services sector share in Gross State Value Added (GSVA) increased from 52.8% in 2011-12 to 62.4% in 2023-24, surpassing the national average.
Telangana's economic model is digitally oriented, centered on Hyderabad's IT and startup ecosystem, which drives growth in real estate, professional services, and trade.
- Who
- NITI Aayog
- What
- Released a report highlighting Telangana's strong performance in job creation within the IT & Communication and real estate sectors, ranking second nationally in both.
- When
- 2023-24
- Where
- India (specifically Telangana)
- Why
- To analyze and report on employment trends in the service sector across Indian states.
Focus on Manufacturing for Job Creation
Focus on Services for Economic Growth
Job Creation Strategy
Focus on Manufacturing for Job Creation
While manufacturing's labor needs may decrease due to automation, it has historically been a key sector for creating well-paid jobs, especially for those transitioning from agriculture. Government efforts have often prioritized this sector.
Focus on Services for Economic Growth
The NITI Aayog report emphasizes that the services sector is the primary driver of employment growth and post-pandemic recovery. It suggests a policy approach that treats services as a central pillar of the employment strategy, not a residual one.
Sectoral Strengths and Challenges
Focus on Manufacturing for Job Creation
Manufacturing faces challenges such as automation reducing labor requirements, capital-intensive expansion, and global trade uncertainties, which can impact large-scale job creation.
Focus on Services for Economic Growth
The services sector, particularly modern segments like IT and finance, offers higher productivity and wage potential. However, job creation is uneven, and job quality often lags behind output growth. Traditional services employ most workers, while high-value services absorb fewer.
- Telangana's IT & Communication Job Share
- 12%
- Telangana's Real Estate Job Share
- 13%
- Telangana's Services Share in GSVA (2023-24)
- 62.4%
- Telangana's Services Share in GSVA (2011-12)
- 52.8%
- Annual Growth in Trade and Hospitality Services (2023-24)
- 20.8%
- Telangana's Rank in Financial Services
- Ninth
- Telangana's Rank in Real Estate
- Sixth
Sources
NITI Aayog Releases Twin Reports on India’s Services Sector
Services employment share rises to 30%, adds 40 million jobs in six years: NITI Aayog
Telangana Digitally Oriented Model Centred on IT, Startup Ecosystem: NITI Aayog
Unlocking Services Employment Potential Key To Becoming Viksit Bharat: Niti Aayog
Road Transport and Highways Ministry’s annual revenue projected to reach Rs 1.4 lakh crore in 2 years: Gadkari
India added 40 mn jobs in services in last 6 years: Niti Aayog
More service jobs needed for India to become prosperous: NITI Aayog
Telangana Beats Karnataka in Share of Service Jobs
India's 30% Workforce In Services Sector, Lower Than Global Average: Report
