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NRIPage | Articles | Tata Consultancy Services to Establish Major IT Facility in Vizag, Creating 10,000 Jobs | Get Indian Desi Latest Political News & Updates in USA. Get domestic, republic government updates - NRI Page
In a significant development for Andhra Pradesh's IT landscape, Minister Nara Lokesh announced that Tata Consultancy Services (TCS) will establish a major IT facility in Vizag, creating 10,000 direct employment opportunities. This announcement, made via Lokesh's social media, is expected to serve as a catalyst for further investments in the region.
Minister Lokesh expressed his enthusiasm, stating, “I’m happy to announce the development of an IT facility by Tata Consultancy Services Ltd. in Vizag that will house 10,000 employees. We are committed to offering a best-in-class investment climate to corporates driven by our motto of ‘speed of doing business.’ This investment by TCS is an important milestone as we work to make AP India’s No. 1 state to do business.”
The establishment of the TCS facility signifies a robust turnaround in Andhra Pradesh's investment climate, particularly following a period of perceived anti-investment policies under the previous YCP government. This strategic move is anticipated to open doors for additional prospective investments in the state, reflecting the NDA government's commitment to revitalizing the local economy.
With TCS's arrival, Vizag is poised to become a key player in India's IT sector, enhancing the region's reputation as a business-friendly destination. The announcement has been met with optimism from local stakeholders and industry experts, who see it as a pivotal moment for the state's economic future.
