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Lokesh wins big IT project for AP
The Andhra Pradesh government on Friday got a shot in the arm in the IT sector with successful execution of an agreement with the HCL Technologies to set up two centres in Vijayawada and Amaravati.
HCL to set up shop in Kesarapalle, Ainavolu
New Delhi: The Andhra Pradesh government on Friday got a shot in the arm in the IT sector with successful execution of an agreement with the HCL Technologies to set up two centres in Vijayawada and Amaravati.
The agreement was signed between the Government of Andhra Pradesh and HCL Technologies, represented by Principal Secretary of Information Technology, Electronics and Communications Department B Sreedhar and vice president (Legal, Commercial, Regulatory & Compliance) of HCL Technologies Vineet Vij.
IT, Panchayati Raj and Rural Development Minister Nara Lokesh and HCL Founder & Chairman Shiv Nadar were present. The parties executed a Memorandum of Understanding (MoU) on March 30 to this effect.
The HCL agreement is proving to be a masterstroke as Lokesh has successfully attracted the IT major to invest in Andhra Pradesh. As IT Minister, Lokesh has been able to get all the necessary permissions in just 45 days earning him appreciation from the industry.
HCL’s proposed facility marks the first marquee investment by a leading IT company. The company will invest Rs 500 crore in 10 years, for a development centre, training facility and other ancillary facilities. HCL aims to hire, employ and train 5,000 local residents in the region across the two phases.
HCL will develop its first centre at Kesarapalle village in Gannavaram mandal of Krishna district in a total area of 17.86 acres.
The second centre will come up in 10 acres in Ainavolu village of Amaravati. Along with the agreement, a letter of allocation for land parcel for Phase I of the project was handed over by the minister to the HCL Chairman.
Speaking on the occasion, Lokesh said his government was committed to economic development and providing more opportunities to the young workforce of the state.
The HCL IT and Training Centre would offer a great platform to local talent in cities like Vijayawada by providing them growth opportunities and ultimately helping contribute to our vision of becoming the best state in the country by 2029.
“At a time when there are headwinds in the sector, HCL’s investment is a testimony of the talent available in Andhra Pradesh and the proactive governance of the state government,” he added.
HCL Spokesperson said, “We feel privileged by the warm welcome extended by the Andhra Pradesh government. This further reinforces our commitment towards our shared vision of creating an eco-system which will help shape career of youth and make them future ready.”
