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Business Economy


13 New IT Companies inaugurated in Vizag Smart City, Four Expands Operations

Visakhapatnam, Aug 10 (UNI) 13 new IT companies opened their business while four companies expanded their operations in Vizag here on Friday.
After inaugurating the IT units at different parts of the city, IT Minister Nara Lokesh interacted with the employees and assured all support to the new IT companies.
CES Limited, Cerium Systems Pvt Ltd, Sahasramaaya Tech Inc, Belfrics Cryptex Pvt Ltd, Sweya IT, Inn
Data Analytics, HR Square Staffing Solutions, Inso Team Consulting Services, Nueve Solutions, Vivilex Tech
Pvt Ltd, Envoy Mortgage, Hippo Campus.
The new IT companies altogether will generate about 2300 jobs as per their commitments.
Four companies, Symbiosys Technologies, Inspire Edge IT Solution, Patra India BPO Services expanded their operation.
On the initiatives taken by the government, Minister Lokesh 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 also appreciated the initiatives of APEITA (AP Electronics and IT Agency) in providing training programmes on skill development to IT job-seekers.
Patra Corp COO Matt Easterlin said that the company would add 1,600 jobs in Vizag in the next one year
and this was expected to be the largest workforce of an IT company in Vizag. IT minister hailed the Patra Corp for generating highest IT jobs in Vizag and expanding their operation believing in the AP government
Symbiosys Technologies CEO O Naresh Kumar also appreciated the incentives and other support being
provided by the AP government for the new job creation. The company has hired 100 employees for its
new animation project.
UNI BSR 2135
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J&K State Taxes team inspects leading hotels, detects fraud, tax evasions in Katra, Patnitop

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