In a landmark development for India’s technology sector, Andhra Pradesh secured ₹44,255 crore in investments from 44 companies during the IT & GCC sector session at the state’s partnership summit. The commitments are expected to generate 1.43 lakh jobs, marking Visakhapatnam’s rise as a formidable alternative to traditional tech hubs like Bengaluru and Hyderabad.
The session featured insights from IT Minister Nara Lokesh, industry leaders, and global tech giants who emphasized speed, talent availability, and infrastructure readiness as Andhra Pradesh’s key competitive advantages.
Why Andhra Pradesh Is the Next Big Tech Destination
Andhra Pradesh is rapidly emerging as a prime tech destination, driven by its exceptional talent pool—many of whom currently power Bengaluru’s tech ecosystem.
Minister Nara Lokesh emphasized that India is now building world-class products, making high-quality talent more critical than ever. Visakhapatnam further strengthens its appeal with lower operational costs, strong infrastructure, and a pro-business environment. Backed by the government’s commitment to “work faster than corporates,” the state ensures swift approvals and seamless project execution, creating the perfect foundation for accelerated tech growth.
Game-Changing Launch: Koshalum Employability Platform
The summit saw the launch of Koshalum, India’s first unified employability platform designed to streamline talent discovery and skill assessment.
Key Features:
- AI-driven skill census, evaluating workers from carpenters to AI engineers
- Numeric skill ratings (0–10 scale) across multiple competencies
- API-first integration for companies’ existing HR systems
- Ready access to engineers, designers, marketing professionals, and more
Secretary IT Baskar Kimmenani called it an intentional, state-driven transformation of the workforce ecosystem.
Major Investment Announcements at the Summit
- Blu-Tech UKI Limited – ₹550 crores
- ACN Healthcare RCM Services – ₹200 crores
- Inspiredge IT Solutions – ₹150 crores
- Imaginovate Tech Solutions – ₹140 crores
- Ispace Software Services – ₹120 crores
- Strategy Mist Corporation – ₹100 crores
- Sree Tammina Software Solutions Pvt. Ltd. – ₹62 crores
IT Infrastructure Development
Huge commitments from Visakha Realty, Satwa Group, World Trade Center, and others totaling several thousand crores and tens of thousands of jobs.
Emerging Tech & AI Innovation
New-age players like Coalescence Digital, Infin Technologies, Tao Digitals, and Quadrant IT Services committed to AI, R&D, and tech innovation hubs across the state.
Government Initiatives Beyond IT
Andhra Pradesh is driving innovation beyond IT through key initiatives such as India’s first holistic Quantum Mission, advancing quantum computing, materials science, and cryogenic technology. The Ratada Innovation Hub is enabling real-world solutions like drone-based ration delivery during floods and AI-powered water management. Alongside this, the state is modernizing education by integrating analytical thinking, AI programming, and industry-aligned skills to build a future-ready workforce.
Conclusion
The Andhra Pradesh IT & GCC Summit marks a milestone in India’s tech growth narrative. Backed by strong government support, bold policies, and significant industry investments, Visakhapatnam is fast emerging as India’s next major technology hub. The rise of tier-2 cities like Vizag signals a larger national shift—these cities are no longer secondary but are becoming powerful engines driving India’s global technology ambitions
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