With the State government making it clear that it is firm on going ahead with making Vizag the Executive Capital of Andhra Pradesh, the city is attracting new investments. On Saturday, the State government signed an MoU with The Boston Group, in the presence of Rathnakar Pandugayala, Special Representative of the AP government for North America and Subu Kota, chairman of The Boston Group and People Prime Worldwide.
This is expected to create over 250 jobs in the IT sector. A native of Vijayawada, Subu Kota is an Indian-American entrepreneur and philanthropist, who has established nearly 50 companies in the last 50 years that he has lived in the United States of America. “I am delighted to be signing this MoU today, to strengthen our relationship with the AP Government,” Kota said. He said that Vizag has a huge potential for growth and is becoming one of the most attractive investment destinations in India. Collaborations like these are crucial at this time while the world is fighting a pandemic.
This new center will deploy its employees in R&D on learning platforms and leveraging advanced technologies like Artificial Intelligence (AI), Machine Learning (ML), Cyber Security, and Human Resources. “We believe there is immense potential in Tier-II cities like Vizag with the talent pool comprising graduates and postgraduate professionals,” he said.
Ravi Aleti, CEO of People Prime Worldwide (a subsidiary of The Boston Group) said “Vizag is an upcoming city with its own advantages such as Connectivity, Cosmopolitan Population, top Educational Institutes, and Universities, as well as Medical and Support Services. We would work with the State’s Ministry of Information Technology in opening our office in SEZ zones in Vizag.” “Subu Kota concurs with Chief Minister YS Jaganmohan Reddy’s decision of making Vizag an IT Hub, which is home to many talented professionals from educational institutes all across the city,” Rathnakar added