Andhra Pradesh to build international business hub in Visakhapatnam
Andhra Pradesh to build international business hub in Visakhapatnam
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AMARAVATI: Andhra Pradesh Minister for Industries and Commerce, Mr. Mekapati Goutham Reddy on Tuesday said the State government intends to create an international business hub in Visakhapatnam to attract the best IT and ITES and financial services MNCs to start operations in a business savvy environment in the port city.

The minister said the hub will include business towers, hotels and facilities for MICE (meetings, incentives, conferencing, exhibitions) and called for expression of interest at Apiic.in. He said, the state recently released the electronic policy while clarity on the new IT policy release will emerge after a meeting with chief minister Y.S. Jaganmohan Reddy on Thursday.

Considering the new reality of work from home, the senior Yuvajana Sramika Rythu Congress Party (YSRCP) leader said special focus would be laid on work from home option. He said the government will brainstorm on the kind of incentives to be extended to the companies through the new policy. Meanwhile, the southern state is also doing a survey on IT employees at the village level. The survey will be carried out by volunteers.

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