After getting meddled with the 3 capitals plan of the previous YSRCP administration, Vizag is finally regaining it significance as the financial hub of Andhra Pradesh. Substantial progress is being recorded with regard to the financial aspect and technological developments.
On that note, the latest developments are suggesting that Vizag is preparing for a big IT boom and things are looking very promising at this point.
The fundamental points to be noted is that multiple big IT companies are on their way to Vizag and substantial progress is also being made with regard to government policies.
According to the latest developments, Cognizant and Nonrel Technologies have received Environmental Clearance (EC) for their upcoming IT campuses. Reportedly the cognizant campus is going to come up beyond Harita Housing Complex, Madhurawada.
Another major IT giant Nonrel Technologies is set to establish its facility at IT Hills-2, strengthening Vizag’s growing technology ecosystem.
Along with that, we have the Google data centre that is coming up in Vizag shortly, and the ground preparation has also been initiated for the same. It should only be a matter of time before more companies get on their way to arrive in this dedicated financial capital of the state.
