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