Wipro, TechM keen to invest in Andhra Pradesh

K V Kurmanath Hyderabad | Updated on March 12, 2018

Wipro and Tech Mahindra have shown interest in investing in Andhra Pradesh. The two companies have approached the State Government for land to set up facilities to create 12,500 jobs.

While the Bangalore-based Wirpo has proposed to set up a Special Economic Zone to provide 7,500 jobs, Tech Mahindra would provide 5,000 jobs.

AP Chief Minister N Chandrababu Naidu has vetted the two proposals and has given in-principle permission to provide 10 acres of land to Tech Mahindra at Visakhapatnam.

Special Mission

The IT Policy of the state proposes to set up a Special Mission with a budgetary support of ₹2,500 crore over five years to focus on e-governance and capacity building.

The new Government will promote Visakhapatnam as the IT hub. Besides the IT Investment Region, it would have a Mega IT Hub to an extent of 3,000 acres, IT Minister Palle Raghunatha Reddy told reporters.

Published on July 09, 2014

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