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Business EconomyPosted at: Aug 10 2018 8:40PM


13 IT Companies inaugurated in Vizag

Visakhapatnam, Aug 10 (UNI) The Andhra Pradesh Rural Development and IT Minister Nara Lokesh Inaugurated the 13 IT Companies in the Port City here on Friday.
Speaking after Inaugurating the 13 IT Companies, he said the AP Government will take all the steps to promote IT in Visakhapatnam, Amaravati and other towns in the State such as Kakinada and Tirupati,
He also said the Government had already created 1.5 lakh sft and was in the process of developing another 5 lakh sft of IT space in Amaravati.
On the initiatives taken by the government, he said that incentives to IT companies had been streamlined, Preferential Market Access (PMA) was being given and the feedback was received on how the IT industry is progressing.
He commended APEITA (AP Electronics and IT Agency) for providing training programmes on skill development to IT job-seekers.
He supervising the works at the Kapuluppada IT Park and this is my third visit to Vizag after taking over as Minister for IT. It took me 12 months to open up Kapuluppada,” Lokesh said.
He said the first tower of Signature Towers would be handed over soon and construction of the second one would begin.
Patra Corp COO Matt Easterlin said that the company would add 1,000 jobs in Vizag in the next one year and this was expected to be the largest workforce of an IT company in Vizag smart city.
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