Sify Technologies’ ₹1,500 Crore Data Centre Project
The project is expected to generate over 1,000 jobs and enhance data exchange between India and Southeast Asian nations such as Singapore, Malaysia, Thailand, and Australia
Vision for a $1 Trillion Vizag Economy by 2047
- “We are creating history. Out of $120 billion commitments of investments that are coming into Andhra Pradesh, close to 50 per cent is coming to the Greater Economic Region of Visakhapatnam,” Lokesh said
Massive Job Creation Underway
Lokesh announced ambitious employment targets, including the creation of five lakh IT sector jobs in Vizag and 20 lakh jobs statewide under the government’s Super Six program.
He said the state’s double-engine government, backed by strong central support, was moving ahead at “bullet train speed” to accelerate development
Centre’s Confidence in Andhra Pradesh’s Growth
The minister noted that the Central Government was choosing Andhra Pradesh as the launchpad for several new reforms, recognizing the state’s ability to implement policies swiftly.
“Today, Honourable Prime Minister is going all out to support the economic agenda of Andhra Pradesh,” Lokesh said, underscoring the synergy between the Centre and the state.
Future Investment Announcements and GCC Push
Lokesh added that in the next three months, the government would announce multiple new investments in Visakhapatnam, including India’s largest steel plant and the country’s single largest FDI project.
He also said the state government was working to position Visakhapatnam as the capital of Global Capability Centres (GCCs), aiming to attract multinational corporations and tech firms to establish specialized centers in the city.
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