Andhra Pradesh Grameena Bank celebrates first year with strong growth
Andhra Pradesh Chief Minister Chandrababu Naidu has basked in the success of transforming Hyderabad, with the achievement featuring prominently in all his subsequent political campaigns. File. | Photo Credit: The Hindu In 1995, when Nara Chandrababu Naidu became the Chief Minister of Andhra Pradesh (then undivided), he began pitching Hyderabad as the new IT destination of the country. He was able to make due on that claim when, in 1998, IT giant Microsoft established a global R&D centre in the city. This proved to be a game changer for both Mr. Naidu and the State as soon as Hyderabad came to be regarded as a major IT destination for global firms, with other majors such as Oracle, Google, Amazon, and Cognizant making a beeline for Hyderabad.Ever since then, Mr. Naidu has basked in the success of transforming Hyderabad, with the achievement featuring prominently in all his subsequent political campaigns. Published - May 04, 2026 12:51 am IST