Andhra Pradesh government plans to create IT concept cities
Real Estate

Andhra Pradesh government plans to create IT concept cities

According to IT minister Gudivada Amarnath, the state government intends to establish three IT Concept Cities in Visakhapatnam, Tirupati, and Anantapur.

"With ambitions to establish three IT Model towns in Visakhapatnam, Tirupati, and Anantapur, Andhra Pradesh is making great leaps in the development of its IT industry. These cities were chosen for their proximity to user sectors, availability of human capital, and current technological presence. The objective is to draw domestic and international IT/ITeS companies from a variety of industries, including healthcare, education, travel, insurance, and banking "Amarnath remarked.

According to him, the IT industry will benefit from the IT Concept cities' quick execution and cost savings.

The time it takes to launch operations will be cut in half thanks to prompt clearances, and there will be seamless access to highways and airports.

In addition to plug-and-play IT office space and co-working spaces, he stated, "the availability of competent people will be ensured, and world-class IT-driven common and social infrastructure will be given." The state also brags about a trend in operating costs that is 20–25% lower, with a 5% average difference between challenger and aspirant cities.

According to him, AP's IT strategy is forward-thinking and includes provisions for work-from-home incentives, electricity tariffs, transportation subsidies, and start-up ecosystem development.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

According to IT minister Gudivada Amarnath, the state government intends to establish three IT Concept Cities in Visakhapatnam, Tirupati, and Anantapur. With ambitions to establish three IT Model towns in Visakhapatnam, Tirupati, and Anantapur, Andhra Pradesh is making great leaps in the development of its IT industry. These cities were chosen for their proximity to user sectors, availability of human capital, and current technological presence. The objective is to draw domestic and international IT/ITeS companies from a variety of industries, including healthcare, education, travel, insurance, and banking Amarnath remarked. According to him, the IT industry will benefit from the IT Concept cities' quick execution and cost savings. The time it takes to launch operations will be cut in half thanks to prompt clearances, and there will be seamless access to highways and airports. In addition to plug-and-play IT office space and co-working spaces, he stated, the availability of competent people will be ensured, and world-class IT-driven common and social infrastructure will be given. The state also brags about a trend in operating costs that is 20–25% lower, with a 5% average difference between challenger and aspirant cities. According to him, AP's IT strategy is forward-thinking and includes provisions for work-from-home incentives, electricity tariffs, transportation subsidies, and start-up ecosystem development.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement