Visakhapatnam Information Technology

• Visakhapatnam Special Economic Zone, offers state of the art infrastructural facilities as a cost-effective solution for operational ease. The Zone offers 367 acres (145.80 hectares) of opportunity, offering world class infrastructure and support services. The Zone provides developed plots and Standard Design Factory (SDF) Complexes with all supportive facilities like in-house customs clearances, reliable power, water, state of the art Satellite Earth Station for software exporters etc.
• A new Standard Design Factory (SDF-II) Complex was constructed in the zone at a cost of Rs.7.25 crores. This complex has 16 units of 550 sq mtr (approx) each with a total built up space of 1.0 lakh sft. (approx). An optic fibre link is being laid to benefit the Software Exporters. This complex is ideally suited for Software units especially the Call Centres.
• An exclusive Gen & Jewellery Complex, in joint venture with a diamond processing unit in VSEZ, is taken up for construction. The cost of the project is Rs.13.00 crores. The Complex when completed will provide direct employment to 5000 skilled/semi-skilled workers. This Complex is expected to be ready shortly.
• Facilities are provided to set up Export Oriented Industrial Units in the zone. The most important of them are the basic infrastructure facilities, supportive services and utilities necessary for the units. These include developed plots, built up space, power, water and telecom lines at nominal rates. Besides, in-house customs facilities and support services like Post Office, Banks, Executive Canteens, Courier, C&F Agents, Travel Agents, Xerox etc., are also available within the zone premises.
• The Zone is an ideal enclave for setting up of industries for manufacture, processing, trading, software and IT enabled services etc. Availability of high potent managerial, technical and skilled manpower along with other supporting services like the banking, hospitality, economic housing, education and health care facilities stand as a boon to the entrepreneurs.

• Vizag already having thirty seven(37) IT companies functioning since so many years having an annual export turnover of 70 crores,
• In Bhogapuram, Vizianagaram district, there is a big IT city called Miracle city is coming up in 550 acres with an investment of 400 crores, off course its office is at Vizag, miracle city promises 20,000 jobs in coming one year, and already it employes 500 IT proffessionals.
• In vizag at rishikonda government is contemplating a silicon valley with in 2000 acres and it is pressumed that all soft ware giants including oracle, infosis, IBM, and more than another 20 companies vying to start their operations. Already satyam technologoical center started its construction in 50 acres which is first center to come up on beach road.
• Government also finalised tenders to construct two IT towers at RK beach to accomodate small and medium IT players and international players.
• Government also proposing another IT park in waltair up lands in 25 acres besides Satyam, wipro and TCS coming up at TB hospital junction in 22.5 acres
• Government is sure to complete all this keeping in view the encouragement it is receiving from national and international IT players and also hopes to acherive at least 4000 crores turnover in vizag it self within next 3 years.
• Satyam Computers is one of the leading IT companies in the state of Andhra Pradesh. It has first setup its operations in Hyderabad and is now marching to become a global company. I am sure Satyam Visakhapatnam location will help the company grow even further.
• Good news for Vizag for many other leading companies including Wipro and Infosys are considering Vizag serious for starting their operations.
• BTW any idea where Satyam is gonna start its center? Will it be at VEPZ or will they buy some land and start the operations there?