Visakhapatnam: TCS to establish IT facility for 10,000 employees
Lokesh also had a meeting with the chairman of the Board of Tata Sons, Natarajan Chandrasekaran
By Newsmeter Network Published on 9 Oct 2024 2:21 PM GMTAmaravati: Setting a new milestone in the IT sector in Andhra Pradesh, Tata Consultancy Services (TCS) has finalised the setting up of an IT facility in Visakhapatnam that will house up to 10,000 employees.
The discussions were concluded during the visit of minister for IT, Communications and HRD Nara Lokesh to the Tata Group headquarters in Mumbai on Tuesday. Lokesh also had a meeting with the chairman of the Board of Tata Sons, Natarajan Chandrasekaran.
š¢I had a superb meeting with the Chairman of the Board of Tata Sons, Mr Natarajan Chandrasekaran today. BIG ANNOUNCEMENT tomorrow!āØ Stay tuned! š @TataCompanies pic.twitter.com/FumMaBULdG
ā Lokesh Nara (@naralokesh) October 8, 2024
Coming on the heels of the recent investment of HCL to invest in Vizag, the new facility of TCS marks a key milestone in the development of Visakhapatnam as an IT and hi-tech hub in India.
Coming in quick succession to the recent big announcements by the Lulu Group, Brookfield, Oberoi and Suzlon Energy, this investment by the Tata Group also signifies Andhra Pradeshās re-emergence as a preferred investment destination in India.
Expressing happiness over the Tata Group coming forward to set up an IT centre in Visakhapatnam, minister Lokesh said, āIām happy to announce the development of an IT facility by the Tata Consultancy Services that will house 10,000 employees. We are committed to offering a best-in-class investment climate to corporates driven by our motto of āspeed of doing businessā. This investment by TCS is an important milestone as we work to make AP as Indiaās No. 1 state to do business.ā