Soon after India started witnessing an IT revolution, the government of AP, then chief minister Nara Chandrababu Naidu, realised the need for infrastructure to attract investments of several IT companies. It was a well known fact that a large number of IT professionals working in Silicon valley and other technology hubs were from this region. This prompted the government to start the project with private investments.
The project was commissioned initially with L&T ECC and was named L&T INFOCITY. Then several other companies started to partner with the government after the project's success. Vijayawada IT Zone is the first IT/ITES SEZ Project in Coastal Andhra, providing a totally integrated township for discerning IT professionals to work and live. The Project is being developed by Larsen and Toubro Limited through its Special Purpose Vehicle, L&T Hitech City Limited, a joint venture company of L&T Infocity Limited and Andhra Pradesh Industrial Infrastructure Corporation Limited
http://en.wikipedia.org/wiki/HITEC_City
Very good presentation. Please continue.
ReplyDeleteThank you sir. We need to bring TDP back! People gave 10 years to Congress. In return they sold the state of AP!
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