A smart deal | Investment of £ 1,582 crore for just £ in the country
It’s not a typo. The Government of Andhra Pradesh has awarded countries per acre, as part of its ambitious IT development policy with a view to attracting top -level companies in the state. Although this symbolic pricing has led to debate, it is part of a large plan to convert Visakhapatnam into a large technical corridor, competing with Hyderabad, Bengaluru and Pune.
According to government sources, the decision to steal the country is from a possible financial boost with this nominal price, especially in the context of employment generation, urban development and digital infrastructure.
8000 jobs and count | India’s tier-Ii-by bloom
The upcoming complex will be developed in eight years and is expected to do around 8,000 jobs. This is in line with continuous efforts to expand its activities of India beyond the traditional cognizant metroes and tap into the new talent pool of cities such as Visakhapatnam.
It’s not just about jobs but about redefining technical geography in India.
The state government has already developed important infrastructure in Kapuluppada, it has been placed as a dedicated IT area with connection to motorways, ports and Visakhapatnam International Airport. Commercial activities are expected to start on campus by March 2029.
Why Visakhapatnam, and now why?
Over the years, Visakhapatnam (or Vizag) has been described as a city with unused technical capacity. With the status of the port city, strong infrastructure and a rapidly growing digital ecosystem, it now attracts big names such as Wipro, Tech Mahindra and now Cognizant.
Andhra Pradesh It Minister Nara Lokesh and Chief Minister Chandrababu Naidu have made it clear: These and the innovations are corners of new Andhra Pradesh. The state’s updated IT policy provides incentives as:
- Low costs procurement
- Electricity supplements and Internet infrastructure
- Support for the IT park and the start -up
- Skilling Program for Youth in Ai, Cloud and Cyber Security
- Pay attention to startup. A new ecosystem is formed
The presence of cognizants is expected to act as a catalyst for local technical start -up view. At the beginning of the 2000s, what Infosys and Wipro did for Bengaluru was enough, which was driving in new technical cities, they attracted VC, colleagues, vacant positions, incubators and niche companies.
Already, many AI and web 3 startups begin to evaluate Visakhapatnam as a cost -effective basis with close talent and growing support system.
Hyderabad-based Angel investor Sai Raghavan says: “We see a clear change in investment and the founders are no longer metro-exclusive. Cities that Vijag provides talent, location and cost benefits.”
A message for technical professionals and students
With cognitive commitment to such a long -term project, there is now the skills time for engineers, IT professionals and students in Andhra Pradesh. As in areas:
- Full-stack development
- Cloud engineering
- Enterprise AI solution
- Devps and cybercity
- Business analysis
8000 jobs are just the beginning. With the arrival of authorities’ skill support and anchor companies, Visakhapatnam can soon offer employment level compared to India’s top IT corridors.
Final View | A victory for industry and state
This step of cognizant highlights a transformative phase in India’s technical geography. As companies want to diversify themselves from Bangalore’s saturation and talent spikes, Tier-Ii City Go-Two options cost with active management and talent-talent ecosystems.
For Andhra Pradesh, symbolically 99 Paisa Land distribution can increase the eyebrows, but create a strategic master’s stroke in long -term returns, infrastructure growth and digital movement.
And the rest for India? This is a sign that the next IT revolution can only begin in cities we ignored once.
Insight Tech Talk Takeaway
Visakhapatnam is officially on the tech map thanks to Cognizant’s bold move. Keep an eye on this region. It might just be India’s next big startup and software success story.
