**TCS Receives 21.16 Acres in Visakhapatnam to Boost Tech Hub**
The Andhra Pradesh government has granted Tata Consultancy Services (TCS) the allocation of 21.16 acres of land at a nominal price of just 99 paise, aiming to establish Visakhapatnam as a burgeoning technology hub. This land, situated at IT Hill Number 3 in Vizag, will serve as the site for TCS’s new IT campus. The state cabinet approved this initiative on Tuesday, projecting an investment of approximately Rs 1,370 crore and the creation of nearly 12,000 jobs.
The cabinet’s announcement emphasized the significance of this project in enhancing Visakhapatnam’s appeal as a prime destination for IT companies and digital services. The discussions to bring TCS to Vizag began in October 2024, when state IT Minister Nara Lokesh met with senior Tata Group officials in Mumbai, inviting them to consider Andhra Pradesh for their next major venture. Since then, the state government has engaged in ongoing negotiations with TCS to finalize the project details.
Offering land at such a symbolic rate is a strategic move to signal to the tech industry that Andhra Pradesh is open for substantial investments and is committed to supporting IT firms. Nara Lokesh, the Minister for Human Resource Development, highlighted this initiative at the India Today Conclave 2025, stating, “We are at the cusp of a new revolution. States that position themselves with quality manpower and an enabling ecosystem can move ahead swiftly. Andhra Pradesh is at the right point to take that leap.” He underscored the state’s competitive efforts to attract investments and technological advancements.
Additionally, the Andhra Pradesh government has announced plans for a 500-acre Data City near Visakhapatnam, aiming to replicate the success of Hyderabad’s Hitec City. The decision to allocate land to TCS at 99 paise echoes a similar strategy employed in Gujarat, where Tata Motors was given land for the same price, significantly contributing to the state’s automotive industry growth. This approach indicates Andhra Pradesh’s commitment to fostering long-term technology investments.
**FAQ**
**What is the significance of TCS’s new campus in Visakhapatnam?**
The new TCS campus in Visakhapatnam is expected to attract significant investment, create thousands of jobs, and enhance the region’s status as a technology hub, contributing to the overall economic development of Andhra Pradesh.
