Andhra Pradesh government has given approval for the new AP Information Technology Policy 2021-24. The policy includes several incentives for IT firms in an attempt to encourage the companies to setup their companies and create employment in the state. The new IT policy aims towards setting up three different IT concept cities to providing a boost to remote working and gig economy opportunities. Here are some of the key features that you need to know from the Andhra’s new IT policy.
Reviewing the new IT policy a few days ago, Chief Minister YS Jagan Mohan Reddy said that Visakhapatnam, the proposed executive capital of the state, will become a major hub for IT sector in future. Government plans to turn Vizag city into an attractive destination for IT companies by offering them various incentives and business process reforms.
To enable the growth of IT sector in the city of destiny, there are certain infrastructure measures that needs to be taken care of. As a part of the infrastructure development measures to enable IT sector growth in the city, Vizag will be getting an Integrated Technology Park consisting of an Emerging Technologies Research University, incubation centers, Centers of Excellence (CoE), labs, co-working spaces, State Data Centre (SDC), to be established by the IT, E&C (IT, Electronics and Communications) department.
The Information Technology Emerging Technologies Research University is intended towards promoting IT education in the city.
Apart from Vizag, Anantapur and Tirupati are also planned to be developed as IT concept cities, to offer a cost advantage and speedy execution towards setting up IT companies in the state.
Along with the IT Emerging Technologies Research University in Vizag, the policy also calls for short term measures like Massive Online Open Classrooms (MOOCs) by the IT department which will be expected to enhance the employability for local youth.