AP Rolls Out Red Carpet for IT Cos

Chief minister Naidu promises to develop Andhra Pradesh as the number one digital state in the country

Published: 30th September 2014 06:00 AM  |   Last Updated: 30th September 2014 06:00 AM   |  A+A-

Chandrababu-Naidu

VISAKHAPATNAM: Chief minister N Chandrababu Naidu on Monday rolled out a red carpet to IT majors for investing in Andhra Pradesh and assured them that his government would match the speed of private firms in issuing permissions. He also promised to develop Andhra Pradesh as the number one digital state in the country.

Addressing the CEOs’ Conclave of Information Technology (IT) sector,  organised for the first time by the government since state bifurcation, in Visakhapatnam Monday, the chief minister said that a Signature Tower will be  constructed at Madhurawada with one million square feet space to take IT sector to new heights in truncated AP. ‘’It took nine years to develop the IT sector and put Hyderabad on the global map. But, we are confident of achieving the same feat in Visakhapatnam within four years,” he claimed.

Naidu vowed to develop a Silicon Corridor in the Port City on the lines of the Silicon Valley in the US. He felt that Vizag, with its pleasant climate and abundant human resources has the potential to emerge as the economic hub of India.

‘’This is my first interaction with the CEOs of IT majors since taking over as the chief minister of the residuary state of Andhra Pradesh. But, I intend to meet you more frequently for your partnership in developing the state,” he said and also invited the IT majors to set up their facilities in the state.

The chief minsiter wanted AP as one of the top three states in the country in the IT and electronics sector by 2019. ‘’We have unveiled separate policies to encourage IT and ITES units, electronic clusters, startup ventures and campuses by anchor industries with several incentives. We expect an encouraging response to rebuild Andhra Pradesh into a trend-setting state,’’ he said, showcasing Andhra Pradesh and its USP as ‘Sunrise State’. Apart from IT and IT-enabled services, Vizag will also be the home for electronics and hardware manufacturing including activities in research, incubation and entrepreneurship, he added.

IBM vice-president P Gopalakrishnan, Infosys co-founder Kris Gopalakrishnan, TCS vice-president and Hyderabad centre head V Rajanna, Cyient chairman and Nasscom vice-president BVR Mohan Reddy and top executives from 150 companies including Google, Wipro and Tech Mahindra attended the conclave.

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