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Lokesh opens IT Hub in Vizag

In what can be termed a big boost to IT, Andhra Pradesh IT Minister Mr. Nara Lokesh, inaugurated eight IT companies in Visakhapatnam last fortnight on the premises of Techmahindra. The building – Tech Hub – has been taken on lease by the AP Government from Techmahindra to provide space to the companies.
The companies
The eight firms are Amzur, Digipub Apex, ID Analytics, Insurance Box, Inventrax, VGS – Provigil, Virtual Offshore, and Vismaya Premedia. Together, they will generate 900 jobs.
On the occasion, the minister said that in the next two years one lakh jobs would be generated in the State in the IT sector, 70,000 of them in Visakhapatnam alone.
“The State Government is making all-out efforts to increase the IT exports from the State, currently at ¹ 2,000 crore, ten-fold in the coming few years,” he said. He said the State Government had formulated suitable IT policies such as the new designated technology policy to incentivise both IT space developers and IT companies. “Kapulauppada here will be developed as a major IT city by 2019, with residential and other facilities for the IT personnel,” he said.
On the occasion, two MoUs were signed with WNS Global and Patra BPO for starting operations in the Tech Hub. WNS Global will add 1600 employees to its current workforce of 900 in the city and Patra BPO will generate 800 more jobs in addition to the existing 1600.
The minister also released an IT product – XaTTaX, a GST filing and reconciliation solution – developed by Sailotech, a local IT company.
JA Chowdary, the IT adviser to the AP Government, said that this would be the new era of technology, which no other domain across the globe is trying to implement like in Andhra Pradesh.

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