Andhra Sentiment For Hyderabad Companies

Posted : September 13, 2014 at 7:43 pm IST by ManaTeluguMovies


It is an open fact that more than half of the successful companies that are currently thriving in Hyderabad are owned by the Andhra people. From the time, TRS started the separate Telangana agitation, these companies have been facing different forms of challenges. Now, they have come up with a new measure.

It is heard that post bifurcation, those who hail from Andhra are no longer interested to keep their headquarters in Hyderabad. And there is also a business angle to it. The Corporate address has been shifted to places like Vijayawada, Guntur, Nellore, Vizag because they are expecting tax benefit will come.

Andhra Pradesh state is expected to get special status and if that happens then companies will have good waivers. But even if benefit is not there, the Andhra entrepreneurs are thinking “If we have to pay tax why to pay to Telangana government? We will pay to our government.” So, even this sentiment has also worked for Andhra Pradesh.