(Excl Ventures News.)The Andhra Pradesh Govt. has decided to construct ''Signature Tower'', better than Hyderabad''s Hitec City, in Vizag to attract a large number of IT companies, said chief minister N Chandrababu Naidu.
"Soon the government will call for tenders to take up the project," he
said on Monday after inaugurating the facility of Sunrise
Startup-Technology at the newly-built Research and Incubation Park at
Rushikonda in Madhurawada near here.
Later, addressing the CEO conclave, Naidu said the government would
provide all support to make Vizag as the second financial capital of the
country and the number one mega metropolis in the entire east coast
region.
Heads of over 200 IT companies across the country and the US attended
the conclave. The state government has also announced incentives on land
rentals and prices and introduced a single-window system for early
clearances. Besides, it would also supply uninterrupted power to these
units in the near future, he stated.
The government on the occasion signed a memorandum of understanding with
Google India, targeting to transform the state into ''Digital AP'' over
the next 4-5 years.
Under the MoU, Google will develop internet facility in Telugu and bring
all the 7 million self-help group members in the state online. It would
also connect all the SME units in the state.
Speaking on the occasion, Rajan Anandan, vice president and managing
director, Google India, said, "Creating awareness about the benefits of
Internet and promoting its adoption amongst women, small medium
businesses and children can deliver a huge economic impact for the
state. Improving accessibility to government websites and scaling the
local language web can open up a whole new opportunity for local
entrepreneurs and make the Internet more meaningful to non english
speaking users."
The collaboration would launch a number of initiatives aimed towards
bridging the digital divide, and enabling skill development. "Our
endeavour is see each family have one computer-literate member and one
entrepreneur," the chief minister added.
The government also signed MoUs with Wipro, Tech Mahindra, Sameer, Tessolve and MobME, for setting up their facilities in Visakhapatnam.
Post bifurcation, AP has allotted land/space to 16 IT companies in
Visakhapatnam and Vijayawada and these companies have proposed to invest
about Rs 1,100 crore with an employment opportunity of 6,500.
IT & Communications secretary Sanjay Jaju said the state government
was expecting $7 billion investment in IT and electronics sectors over
the next five years on the back of these initiatives.
The government is planning to create a 5-million sft space in Vizag and a
10-million sft space in Vijayawada, Kakinada, Tirupati and Anantapur to
set up new IT units over the next 4-5 years, according to him
Comment : Looks like Naidu is bent up on developing Vizag as a major IT destination
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