Visakhapatnam: Cognizant, Google, TCS Drive IT Boom, Thousands of Jobs

• Visakhapatnam is rapidly transforming into a major IT hub, attracting investments from companies like Google and Cognizant.
• Cognizant is laying the foundation stone for its permanent campus, expected to create 10,000 jobs, with CM Chandrababu Naidu inaugurating.
• Other major companies like TCS, Satya, Fluentgrid, and Quarks Technosoft are also establishing permanent bases.
• Satya Developers' "Vantage Vizag IT City" project involves a Rs 1,500 crore investment and aims to create 25,000 jobs.
• Government policies, including land allocation and IT incentives, are attracting numerous companies to the city.

Why It Matters: Visakhapatnam is rapidly transforming into a major IT hub, creating thousands of jobs.