Thursday, December 5, 2024

Andhra Sets Ambitious 5 Lakh IT Job Target for 5 Years

The Andhra Pradesh government has announced an ambitious target to create 5 lakh jobs in the Information Technology (IT) sector over the next five years.

This initiative, led by the Minister for Education, IT, and Electronics, Nara Lokesh, aims to establish the state as a leading IT hub and attract major industries.

Andhra Pradesh Government’s Vision and Strategy

Minister Nara Lokesh emphasized the government’s commitment to creating an ecosystem conducive to IT companies.

He highlighted the return of Tata Consultancy Services (TCS) to Visakhapatnam and ongoing efforts to secure an Infosys branch.

The government is also in discussions with various IT companies to set up their units in the state.

To achieve this target, the government plans to expand IT spaces to Tier-2 and Tier-3 cities and create co-working spaces.

A new IT policy is in the works, and efforts are being made to resolve issues related to data security and taxation to attract more investments.

A significant part of the strategy involves setting up data centers in Visakhapatnam.

The government is in talks with National Internet Exchange of India (NIXI) and other stakeholders to bring a sea-landing Internet cable from Singapore.

The Minister expressed confidence that a national-level data policy would encourage more data companies to invest in the state.

Collaboration with Industry Leaders

Lokesh has held discussions with representatives of top IT companies and is optimistic about their participation in the state’s growth.

He also mentioned that at least two data companies are expected to set up their units in Visakhapatnam in the coming months.

The Minister stressed the need for cooperation from legislators and influential Telugu individuals to attract global IT companies.

The Minister criticized the previous government’s policies, which he claimed hindered the growth of the IT sector.

He pointed out that several companies had withdrawn their plans due to the previous administration’s demands for shares and bribes.

Lokesh highlighted that the state had lost significant opportunities during that period.

The Bhogapuram airport project is progressing rapidly.

With plans to establish the biggest convention center in the country, Visakhapatnam is poised to become a major IT destination.

The Minister is confident that the government’s initiatives will create a robust IT ecosystem and generate substantial employment opportunities.


Note: We are also on WhatsApp, LinkedIn, Google News, and YouTube, to get the latest news updates, Subscribe to our Channels. WhatsApp– Click HereGoogle News– Click HereYouTube â€“ Click Here, and LinkedIn– Click Here.

Editorial

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

EPS-95 Higher Pension Update: Less Than 1% Cases Settled So Far

Supreme Court Ruling and EPFO’s Higher Pension Rollout The Employees’...

Working Hours in India: Key Laws Every Employee Must Know

Following the tragic death of EY employee Anna Perayil...

IT Industry: 5 Key Indicators of Revival in India’s Tech Sector

Based on the recent second-quarter Q2FY25 results released by...

Must Read

SG Analytics appoints Cadila Pharma veteran Kulwinder Singh as CMO

SG Analytics, the market leader in research and data...

EY Off Campus Hiring in India; 4000+ Job Roles for Professionals

In a move that underscores its commitment to innovation...

BetterPlace acquires OLX People, Waah Jobs

BetterPlace on Wednesday said it has acquired OLX People...

Simpl appoints Neha Dixit as Vice President- People Operations

India’s leading 1-tap checkout network, to promote a better...

Tech Mahindra to roll out salary hikes in early 2021

Tech Mahindra to roll out salary hikes in early...

NVIDIA off-campus drive: explore internships and job opportunities

An American multinational technology company, NVIDIA is conducting off-campus...

TCS iON invites freshers job applications, registrations end on March 25

India’s largest IT services provider company Tata Consultancy Services (TCS) is...

A startup fired 70% of staff due to reported incorrect financial data

Indian Startup of an online vehicle repair platform, GoMechanic...

Related Articles

Sahiba Sharma
Sahiba Sharmahttps://sightsinplus.com/
Sahiba Sharma, Senior Editor- Content at SightsIn Plus. She has rich experience in content writing, having previously worked with GKMIT, Zimyo, Crystaltech eSolutions, Integrated Resources, Inc, and Dynamics Square.