Visakhapatnam, Andhra Pradesh — In a landmark move to boost the state’s IT sector, the Andhra Pradesh government has allocated 21.16 acres of land in Visakhapatnam to Tata Consultancy Services (TCS) for a symbolic lease of just 99 paise.
The land, located at IT Hill No. 3 in Rushikonda, will house a new state-of-the-art IT services campus with a massive investment of ₹1,370 crore by TCS. The project is expected to generate over 12,000 jobs, cementing Vizag’s position as a rising technology hub in India.
🎯 Transforming Vizag into an IT Powerhouse
The initiative is being spearheaded by IT Minister Nara Lokesh under the state government’s ambitious vision to make Visakhapatnam a major IT hub.
Andhra Pradesh has set a bold target of creating 500,000 IT jobs in the next five years, and the TCS campus is set to play a pivotal role in achieving this milestone.
🏢 The TCS Vizag IT Campus — A Game Changer
The upcoming TCS campus will:
- Feature cutting-edge technology infrastructure
- Host software development and IT services operations
- Support global clients with advanced digital and AI-enabled solutions
- Provide a modern work environment for thousands of IT professionals
The scale and investment signal a long-term commitment to developing the IT ecosystem in Andhra Pradesh.
🌐 Strategic Importance for TCS and Andhra Pradesh
For TCS, this campus will expand its presence in tier-2 cities, tapping into local talent and contributing to regional economic growth.
For Andhra Pradesh, this project aligns with its goal of:
- Attracting global tech investments
- Promoting sustainable urban growth in Vizag
- Creating a pipeline of skilled IT talent in the region
💬 Leadership Statements
Nara Lokesh, IT Minister of Andhra Pradesh, emphasized that this move is not just about land allocation but about building the future of Vizag as an IT capital.
He added that partnerships with leading technology companies like TCS will drive innovation, job creation, and economic growth, making the state a magnet for high-value tech investments.
📈 Looking Ahead
With this 99-paise lease deal, TCS’s ₹1,370 crore campus project could become a defining moment in Vizag’s technology growth story — a “Sanand moment” for Andhra Pradesh, similar to Gujarat’s automotive boom.
If executed as planned, Vizag is poised to join the ranks of India’s top IT destinations, delivering both global competitiveness and local prosperity.
📌 Disclaimer:
This article is based on official information and announcements regarding the TCS Vizag IT campus project. For the latest updates, readers should refer to statements from the Andhra Pradesh Government and Tata Consultancy Services.
