Visakhapatnam: India's Next IT Hub? Andhra Pradesh Targets Global Tech & AI Investment

• Andhra Pradesh aims to establish itself as a major IT and Global Capability Center (GCC) hub, leveraging Visakhapatnam's potential.
• C.M. Saikanth Varma, CEO of APEDB, highlighted Visakhapatnam's strong social infrastructure, quality of life, and strategic location as key advantages.
• The state is actively formulating policies to embrace AI and attract investments in future technologies, citing Google's $15 billion AI Data City project in Visakhapatnam.
• Investment roadshows are being conducted to connect with IT and GCC companies, detailing opportunities, policy incentives, and infrastructure strengths.
• Upcoming infrastructure projects include a new international airport (5-6 months) and a metro rail, alongside existing port facilities and four new greenfield ports.