TCS to Establish Major IT Facility in Visakhapatnam, Creating 10,000 Jobs

The Forecast 1 year ago Andhra Pradesh

Tata Consultancy Services (TCS) is taking a significant step in expanding its operations by setting up a new IT facility in Visakhapatnam, Andhra Pradesh. The facility will be capable of housing up to 10,000 employees, creating a considerable number of job opportunities for the region. This move is expected to greatly contribute to the local economy and enhance Visakhapatnam’s reputation as a burgeoning hub for IT and technology in India.

The announcement of the new facility was made by Nara Lokesh, Andhra Pradesh’s Minister for Information Technology and Electronics, following a meeting with Tata Sons Chairman N Chandrasekaran at Tata Group headquarters in Mumbai. This decision comes shortly after another major IT player, HCL Technologies, revealed plans to invest in Visakhapatnam, signaling a growing interest among industry leaders in the city as a key destination for IT infrastructure development.

The establishment of the TCS facility in Visakhapatnam marks a significant milestone for the region and highlights the resurgence of Andhra Pradesh as a preferred destination for business investments. The state government, particularly the Ministry of Human Resources Development and Information Technology, has been working to position Andhra Pradesh as the top state in India for business, and this investment by TCS adds to the state’s growing credibility. The new IT facility is expected to further accelerate the development of Visakhapatnam into a hi-tech hub, attracting more investments and skilled professionals to the area.