After the clearance of all decks for three capitals in Andhra Pradesh, rnVizag has begun to forge ahead in attracting new investments.
Onrn 5th August 2020, the State Government signed an MoU with The Boston rnGroup, in the presence of Rathnakar Pandugayala, Special Representative rnto AP Government for North America & Mr. Subu Kota, the Chairman of rnThe Boston Group and People Prime Worldwide. This fundamental move is rnexpected to create 250+ jobs in the IT sector of the State.
A rnnative of Vijayawada, Andhra Pradesh, Subu Kota is an Indian-American rnentrepreneur and philanthropist who has established nearly 50 companies rnin the last 50 years that he has lived in the United States of America. rnHis broad experience ranges from Information Technology Consulting, rne-Learning Services, to Pharmaceuticals Research and Manufacturing.
Speakingrn on the occasion he said "I am delighted to be signing this MoU today, rnto strengthen our relationship with the Andhra Pradesh Government. Vizagrn has a huge potential for growth & is becoming one of the most rnattractive investment destinations in India. Collaborations like these rnare crucial at this time while the world is fighting a pandemic.
Thisrn new center will deploy its employees in R&D on Learning platforms rnand leveraging advanced technologies like Artificial Intelligence (AI), rnMachine Learning (ML), Cyber Security and Human Resources. We believe rnthere is immense potential in Tier - II cities like Vizag with the rntalent pool comprising of graduates and post graduate professionals."
Mr.rn Ravi Aleti, CEO of People Prime Worldwide (a subsidiary of The Boston rnGroup) said "Vizag is an upcoming city with its own advantages such as rnConnectivity, Cosmopolitan Population, top Educational Institutes and rnUniversities, as well as Medical and Support Services. We would work rnwith State's Ministry of Information Technology in opening our office inrn SEZ zones in Vizag."
"Sri Subu Kota garu concurs with CM YS rnJagan Mohan Reddy's decision of making Vizag an IT Hub, which is home torn many talented professionals from educational institutes all across the rncity",
Rathnakar added. Sri Gowtham Reddy garu, state IT ministerrn has come up with a new IT Policy (2020-2025) with many incentives to rnencourage IT investments in Andhra Pradesh."
About The Boston Group:
Foundedrn in 1988, The Boston Group (TBG) started with a core business of rnproviding software consulting and IT services to Fortune 500 and rnmid-market clients. Since then, TBG has expanded its range of services rnto include IT outsourcing, e-Learning, and a series of vertical market rnsolutions, including e-governance. TBG today has a presence in five rncountries and serves clients in a broad range of industries, including rnpharmaceutical, financial, insurance, manufacturing, higher-ed, banking,rn and retail.
Press release by: Indian Clicks, LLC