TCS in Andhra Pradesh Archives - Vizag One https://www.vizagone.com/tag/tcs-in-andhra-pradesh/ Visakhapatnam - City of Destiny Mon, 06 Jan 2025 10:09:39 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.2 https://www.vizagone.com/wp-content/uploads/2023/11/cropped-vizagone-logo-500x500-jpg-32x32.jpg TCS in Andhra Pradesh Archives - Vizag One https://www.vizagone.com/tag/tcs-in-andhra-pradesh/ 32 32 TCS Begins Operations in Vizag: IT Minister Lokesh Shares Vision for IT Growth https://www.vizagone.com/news/tcs-begins-operations-in-vizag-it-minister-lokesh-shares-vision-for-it-growth/ https://www.vizagone.com/news/tcs-begins-operations-in-vizag-it-minister-lokesh-shares-vision-for-it-growth/#respond Mon, 06 Jan 2025 10:08:34 +0000 https://www.vizagone.com/?p=37767 Tata Consultancy Services (TCS) will soon begin operations at Millennium Towers in Rushikonda, initially employing 2,000 professionals. IT Minister Nara Lokesh outlined the government’s plans to make Visakhapatnam a thriving IT hub, while addressing key issues like the Visakhapatnam Steel Plant and financial challenges inherited from the YSRCP regime.

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The coastal city of Visakhapatnam is set to witness significant growth in the IT sector as Tata Consultancy Services (TCS) prepares to establish its base at Millennium Towers in Rushikonda. Speaking at the Collectorate, IT Minister Nara Lokesh announced that TCS would initially operate with 2,000 employees in a transit facility while the State Government facilitates land for constructing new office spaces.

A Vision for an IT Capital

Minister Lokesh emphasized the government’s commitment to transforming Visakhapatnam into the IT capital of Andhra Pradesh. He stated that more lands would be allocated for TCS and other IT giants, with discussions set to continue at the upcoming Davos summit. “Our government has introduced one of the best IT policies to attract large-scale investments and create job opportunities,” Lokesh said.

Criticism of the Previous Government

The Minister criticized the previous YSRCP government for neglecting North Andhra. “In five years, they failed to allocate land for the railway zone or focus on the IT sector. Their inaction caused significant setbacks,” he alleged.

He also dismissed YSRCP’s allegations about the Visakhapatnam Steel Plant (VSP), reiterating that there was no intention to privatize the facility. “Although VSP faces financial difficulties, both the Centre and the State Government are supporting it,” Lokesh assured.

Progress Under the NDA Government

Highlighting the achievements of the NDA government, Lokesh said, “In just six months, we have reopened Anna Canteens, increased pensions, and relaunched the Deepam scheme. We are clearing the debts racked up by YSRCP with the Centre’s support.”

Future Plans

Lokesh reaffirmed the government’s dedication to providing a robust infrastructure for IT companies, ensuring that Visakhapatnam remains a preferred destination for investments. The Millennium Towers at Rushikonda is just the beginning of this vision.

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