TCS To Set Up IT Facility In Visakhapatnam To Generate Over 10,000 Jobs

The discussion was finalised during the visit of Nara Lokesh, Minister for IT, Communications and HRD to the Tata Group headquarters in Mumbai on October 8.

The Tata Consultancy Services (TCS) has finalised the setting up of an IT facility in Visakhapatnam that will house up to 10,000 employees. 

The discussion was finalised during the visit of Nara Lokesh, Minister for IT, Communications and HRD to the Tata Group headquarters in Mumbai on October 8. 

The new facility of TCS marks a key milestone in the development of Visakhapatnam as an IT and hi-tech hub in India. 

Announcing the development of the IT facility, Nara Lokesh said, "The development of a IT facility by the Tata Consultancy Services Ltd. in Vizag that will house 10,000 employees. We are committed to offering best-in-class investment climate to corporates driven by our motto of ‘speed of doing business’. This investment by TCS is an important milestone as we work to make AP as India’s No. 1 state to do business."

The investment by the Tata group signifies Andhra Pradesh’s re-emergence as a preferred investment destination in India and comes after recent announcements by the Lulu group, Brookfield, Oberoi and Suzlon energy. 
 
Expressing happiness over Tata Group coming forward to set up the IT centre in Visakhapatnam, Lokesh said "I’m happy to announce the development of a IT facility by the Tata Consultancy Services Ltd. that will house 10,000 employees. We are committed to offering best-in-class investment climate to corporates driven by our motto of ‘speed of doing business’. This investment by TCS is an important milestone as we work to make AP as India’s No. 1 state to do business."