Summary:
Prior to the bifurcation, Visakhapatnam was the second largest IT destination in the United Andhra Pradesh after Hyderabad. Notwithstanding the government’s decision of ensuring a Cyberabad-type development in Visakhapatnam along with Amaravati, Tirupati and Anantapur, the city has remained the most preferred destination for investments in the IT sector. “The government is making efforts to develop comprehensive ecosystem as part of Vizag Fintech Valley initiative launched by the APEITA, says J.A. more-inThe IT sector in Visakhapatnam mostly comprising business process management and knowledge process management units is all set for an impressive growth if the interest evinced by entrepreneurs for investment is any indication. Franklin Templeton and Innovation Solutions has recently opened a ‘Centre for Innovation’ at new building of the Tech Mahindra..