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Andhra allots 21.16 acres to TCS in Vizag for 99 paisa to boost IT hub

Business Standard LogoBusiness Standard1d ago

Andhra allots 21.16 acres to TCS in Vizag for 99 paisa to boost IT hub - Business Standard

Quick Summary:

The company is planning to come up with a development centre in Visakhapatnam at an investment of Rs 1,370 crore, generating over 12,000 jobs, said sources.

Out of this, reports indicate that the state has already received investment proposals to the tune of Rs 8 trillion.

Major investors include Tata Power (Rs 49,000 crore), multiple projects by NTPC Green (Rs 2.08 trillion), Vedanta’s Serentica (Rs 50,000 crore), SAEL Industries (Rs 6,000 crore), and Brookfield (Rs 50,000 crore), among others.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 17:36:52 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 536 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27919718

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 292 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "Andhra allots 21.16 acres to TCS in Vizag for 99 paisa to boost IT hub" was covered 1 days ago by Business Standard, a news publisher based in India.

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  • URL: https://chronographically.beamstart.com/news/andhra-allots-2116-acres-to-17447191564052

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