Date: April 17, 2025
TCS Secures 21 Acres in Vizag for Just 99 Paise to Boost IT Hub
Andhra Pradesh’s Strategic Move to Boost IT Sector
In a groundbreaking move, the Andhra Pradesh government has allocated 21.16 acres of land to Tata Consultancy Services (TCS) for just 99 paise. This symbolic gesture aims to position Visakhapatnam as a prominent IT hub, attracting global tech companies to the region.
The Proposal and Approval Process for TCS
The idea emerged when Nara Lokesh, the Andhra Pradesh IT Minister, visited Tata Group headquarters in Mumbai in October 2024. He proposed the idea of establishing a major TCS campus in Andhra Pradesh. After months of discussions, the state cabinet approved the plan. This agreement marks a significant milestone for the state’s IT sector.
Why the 99 Paise Land Deal Matters
Offering land at 99 paise per acre sends a strong message about Andhra Pradesh’s commitment to becoming a tech leader. Officials have compared this gesture to Gujarat’s “Sanand moment”, where Tata Motors received land for a low price under the leadership of Narendra Modi. This move signals the state’s serious intent to attract tech giants.
Economic Growth and Job Creation Starts With TCS
This deal will likely generate thousands of jobs in Visakhapatnam. The TCS campus will also encourage other companies to set up operations in the region, leading to a boom in investments. Andhra Pradesh is on track to become a key player in India’s IT sector with this ambitious project.
A Vision for Future IT Dominance
With the TCS campus, Visakhapatnam will gain recognition as a prime IT destination. This project will fuel the state’s economy and foster growth in the technology sector. The Andhra Pradesh government’s proactive steps position the region for significant progress in the coming years.
Looking Ahead: Andhra Pradesh’s Vision for IT Dominance
By taking this bold step, Andhra Pradesh is positioning itself to become a major player in the IT sector. The TCS campus will not only boost employment but also attract more tech companies, making Visakhapatnam a vital part of India’s IT landscape.