As Vizag has an immense potential to become the next silicon valley, many investors are sensing it and having the idea of establishing a company in the fore. Recently the STP unit was inaugurated at Tekwissen on Friday by M.P. Dubey, JD and OIC as he was the guest of honor for the eve.
Also, another instance where during the visit made by a three-member team of STFC (State Auto Financial Corporation) to Andhra Pradesh on Thursday, they met AP industries, Mekapati Goutham Reddy, Commerce and Information Technology Minister, and evinced an interest in opening an IT Development center in Vizag.
STFC is a US-based firm is a regional property and casualty insurance company, headquartered in Columbus. It has a wide range connectivity and development scope as it provides insurance to personal and business that involves homeowners, commercial multi-peril, fire and worker’s compensation.
If this plan gets executed about 1000 IT jobs will be provided, this news was tweeted by the IT minister and after the meeting, the team was led to Vizag where a discussion took place with the Information Technology Association of Andhrapradesh’s (ITAAP) Vizag chapter regarding the future prospectus and advantages of initiating business in the city.
Andhra Pradesh STFC – State Auto Financial Corporation, an insurance holding company headquartered in Columbus, Ohio which has evinced interest to open IT Development Center in Visakhapatnam – to create 1000 IT jobs. @StateAuto @PTI_News @ysrcp @NITIAayog pic.twitter.com/blxtWTpfMU
— Mekapati Goutham Reddy Official (@MekapatiGoutham) February 14, 2020