TCS Gets Vizag Land For 99 Paise, AP Eyes Global Tech Hub

Mumbai: India’s IT industry was at fever pitch on Tuesday as the Andhra Pradesh government has approved the allotment of 21.16 acres of land to Tata Consultancy Services (TCS) in Visakhapatnam—for a token price of just 99 paise.

AP’s move is to transform the city Vizag into a major technology and innovation hub in the world. The symbolic step follows months of talks initiated by AP’s IT Minister Nara Lokesh. TCS, recognised as a top employer in six continents, plans to begin operations in 90 days, and eventually employ 10,000 people. The move signals AP’s ambition to attract top technology investments to the state.

Rooted in the heritage of the Tata Group, TCS has a workforce strength of over 607,000 consultants in 55 countries and 180 service delivery centres across the world.- no rehash only headline in 2 parts separated by comma. summary in 40 words. 2 key tags.