TCS to bring 10,000 jobs to Andhra Pradesh with new IT facility

Tata Consultancy Services (TCS) is setting up an IT facility in Andhra Pradesh, which will employ 10,000 people. The facility is expected to generate a significant number of job opportunities in the region and boost the state's economy.

In Short

• TCS to set up IT facility in Visakhapatnam.
• Facility to house up to 10,000 employees.
• Announcement was made by Nara Lokesh, Minister for Information Technology and Electronics

Tata Consultancy Services (TCS) is setting up an IT facility in Andhra Pradesh, which will house up to 10,000 employees. The facility will be located in Visakhapatnam and is expected to generate a significant number of job opportunities in the region.

KEY HIGHLIGHTS

• The IT facility will be set up in Visakhapatnam, Andhra Pradesh
• The facility will have a capacity to house up to 10,000 employees
• This development is expected to generate a significant number of job opportunities in the region.

BACKGROUND

• The announcement was made by Nara Lokesh, Minister for Information Technology and Electronics (IT&E)
• Lokesh had a meeting with Tata Sons Chairman N Chandrasekaran on Tuesday at Tata Group headquarters in Mumbai
• The decision of Tata Group came close on the heels of the recent announcement made by another IT major, HCL Technologies, to invest in Vizag.

IMPACT

• The new facility of TCS marks a key milestone in the development of Visakhapatnam as an IT and hi-tech hub in India
• The announcement by Tata Group signifies the re-emergence of Andhra Pradesh as a preferred destination for investments in India
• The state's minister for Human Resources Development, Information Technology, Electronics and Communication further said that the investment by TCS is an important milestone as the state works to make Andhra Pradesh India's No. 1 state to do business.

Written By: Chaitanya Dhawan