Madhapur has transformed from a small, rocky village in the early 1990s into a modern IT and BPO hub.

Top IT/ITES and Telco companies from all over the world are located in this suburb, fuelling the software and BPO businesses.

Later on big names like Broadcom, Qualcomm, CSC, Tata Communications, Accenture, Tata Consultancy Services, Automatic Data Processing(ADP), NTT Data, Tech Mahindra, Prolifics Corporation, Deloitte, Amazon.com, Convergys, Oracle Corporation, IBM, Dell, Google, Verizon, CA Inc., Infosys, Wipro, Tata Consultancy Services, AppLabs, Invensys, Keane, Cognizant, Patni, Ram info solutions, Cyient, Capital IQ, Genpact, Novartis, Deloitte, Sitel India, Colruyt, Netcracker Technology and many others have made the city their business centre.

TSRTC, a state-owned bus service, connects Madhapur with other parts of the city.

Inner and outer ring roads are being developed to ease traffic during peak hours, and also to provide connectivity to the new Hyderabad International Airport near Shamshabad.