According to several national and international surveys, Hyderabad became an IT Hotspot of India in 2002 and Hyderabad became ranked number one in the city competitiveness compared of major cities in India to attract businesses. The economic reforms and new policy initiatives taken by the Naidu government in creating HITEC City provided a boost to Hyderabad's urbanisation and, with big tech industry jobs in hand, has increased consumer purchasing power, leading to massive real estate developments, gated residential apartments, food and restaurants, intelligent business offices, cinema, and shopping malls in the area and Naidu's efforts to make HITEC City India's first and largest cybercity while today Cyberabad is a big technological project in Hyderabad, which emerged as the backbone of Telangana state's economy.