Click to play videoNew Delhi: The day after two strong bombs ripped through Hyderabad, the corporates in the city have reacted with shock. But they are adamant that inspite of this being the second serious bomb blast in the city in four months, they are not worried.
No panic, no security blanket - it was like any other Sunday morning that was the scene at Hyderabad’s hi-tech city just eleven hours after the two bomb blasts.
State Bank Of Hyderabad CMD Amitabh Guha, “To me its a stray incident. But the two blast that happened so soon after one another may have made people take note because Hyderabad is such a peaceful city but this morning I was out and I didn’t see anything that indicated panic or anything to suggest a slowdown."
So while companies aren't panicking some of the country's largest pharma companies which are headquartered in Hyderabad are unsure of how new recruits will now look at moving to Hyderabad to work.
Hyderabad headquartered IT giant Satyam says there will not be any impact of the blasts on business but nonetheless the company has gone ahead and increased security at its offices.
The local BPO companies, which already have stringent security precautions, say working in multiple international locations and in an age of terror has made them more proactive when dealing with such incidents.
Senior HR professional Pratap G said, "There were atleast 3-4 companies in Hyderabad that proactively spoke to customers. They sent emails in terms of what was being done. They sent SMS, communications in terms of what was being taken care of for guest houses, travel etc. So a lot of these things are done proactively so that people don’t worry."
So while the industry says such steps ensure no adverse long-term impact on the business, there are still isolated knee jerk reactions by customers.
A large BPO told us on the condition of anonymity that the blasts on Saturday already had the first impact on business. A potential customer that is one of the world's largest financial organisations was supposed to do a site visit on Monday. That however stands cancelled. The reason: the bomb blasts.
But in the long term almost all companies believe that brand Hyderabad has not suffered because of the blasts.
Companies, however, say that local authorities must ensure that the perpetrators of the crime are brought to book because not only would that give local businesses more confidence, international investors too will keep the faith in brand Hyderabad.
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