Hyderabad is the capital of Andhra Pradesh (AP) and the fifth largest city of India. While AP is known as the most IT savvy state in India, Hyderabad is emerging as a major center for IT exports. It’s share in Indian IT exports is about 12%. The city is galloping towards its dream of becoming the Silicon Valley of India. Today, it is home to many international companies and global IT majors including Microsoft, CA, Oracle, IBM, Dell, Infosys, Wipro, TCS, Satyam and others. Apart from IT, Hyderabad is also emerging as a leader in the pharma, insurance and tourism sectors. In addition, it also houses the state ministries, defense undertakings and research and development organizations.