This is good news in the technical scenario of andhra pradesh as the Tata Consultancy Services (TCS) has declared its plan to establish a new IT facility in Visakhapatnam. With a planned employee capacity of up to 10,000 workers, this modern building will catalyze the further development of the region’s economy and provide new work places.
As reported recently by Lokesh Nara, the Minister of IT AND Panchayat Raj, this is a great investment and he showed his personal interest to launch one. We are very happy to witness TCS to have a huge campus at Vizag. The above investment is aimed at showing our support for business development and the creation of the best business environment in Andhra Pradesh as the number one state for business in India, he said.
It is not merely a case of ‘building new factories’; it’s also about the ability to build new technologies and create new growth paradigms for a locale. Nara also highlighted the commitment of the government towards creating a premium investment environment which they backed up with their slogan: “Speed of doing business.” This approach seeks to convince as many corporates as possible to invest in the state hence creating both business and employment.
Solely because of TCS, Vizag will come up as a new IT city soon and in return help in the overall development of the state. As the government favorites people friendly policies and the support to the programs that improves the infrastructures and investment opportunities the future of Andhra Pradesh appears to be bright.
It is this milestone that proves the interaction of the government and the private sector in economic development. While TCS is establishing its unit, local residents and talents waiting to embrace the prospects it brings to enhance the future of the IT sector and create a successful career.
