Six small-scale IT and IT-enabled services companies were inaugurated on Wednesday by State IT Minister N. Lokesh near Amaravati and in the city.

He said the companies would generate 500-600 jobs. The state government was making efforts to create the right ecosystem for attracting the bigger IT companies also, but it would take sometime. "In the united state of AP, Hyderabad was promoted as the hot IT destination and it was almost non-existent in the rest of the state. We have to change all that now," he said.

The setting up of these IT companies was facilitated by AP Non-resident Telugus Society (APNRTS). Ravi Vemuru, the president of the society, said 87 IT companies had started operations in the Amaravati area. "Our endeavour is to bring in more IT companies, urging more NRIs from the state to invest here in IT," he added.

TCL Corpn. to set up unit in Tirupati

According to a press release, Chief Minister N. Chandrababu Naidu will lay the foundation stone for the manufacturing unit of TCL Corporation, the Chinese consumer electronics company, at Tirupati on Thursday. The unit is being set up at a cost of Rs 2,200 crore, with a job potential of 8,000. It will manufacture TV panels.

A Chinese delegation also met the Chief Minister, offering to set up a steel plant in the state.