🔥 Big Investments Alert: Four Major Companies Coming to Vizag🚀
- MediaFx
- Jul 25
- 2 min read
TL;DR:The Andhra Pradesh govt has given the green light to investment proposals worth ₹20,216 crore from four mega companies—Sify, Sattva, BVM & ANSR—to set up bases in Visakhapatnam (Vizag). These setups are expected to generate over 50,000 jobs, pushing Vizag towards becoming a major tech and IT powerhouse!
📰 Story Highlights
CM Chandrababu Naidu chaired the 9th State Investment Promotion Board (SIPB) meeting on July 23, where major investment plans were approved. This move is part of the government’s hustle to turn Vizag into India’s next big tech zone.
📌 What each company is planning:
Sify Technologies is dropping a crazy ₹16,466 crore on a data centre in Vizag! But wait—only 600 jobs? High investment, low employment. Still, the infra boost will be solid.
Sattva Group is setting up a mixed-use tech campus in Madhurawada with ₹1,500 crore, aiming to generate a massive 25,000 jobs! 🔥 #TechJobs
BVM Tech Park is investing ₹1,250 crore at Endada and is promising 15,000 new jobs for local talent!
ANSR Group will bring a Global Capability Centre (GCC) campus worth ₹1,000 crore, also in Madhurawada, with plans to employ around 10,000 people, especially skilled youth.
AP's IT minister N. Lokesh is going full throttle on branding Vizag as the next big IT destination. Word is—India’s first quantum computing facility and Google’s largest data centre outside the US might also land in Vizag soon.
But Naidu ain’t just thinking about investments—he’s calling for a future-ready master plan for Vizag! Think: better roads, metro, housing, green zones, and no Bengaluru-type mess!
And it’s not just these four companies. Since Naidu took over, the SIPB has cleared 113 major projects across sectors—industry, tourism, food processing, energy and more—worth a jaw-dropping ₹5.94 lakh crore, expected to create over 5.5 lakh jobs!
💬 MediaFx People’s Take
This sounds super flashy on paper... but let’s ask—Who REALLY benefits?
If you’re a student, jobseeker, or a daily-wage worker in Vizag, this could mean: More job chances✅ Better roads & services Tech growth in your city
BUT... we gotta keep it real❌ Will locals get hired, or just outsiders with fancy degrees? Will poor people get pushed out due to rising rents & land grabs? Are these just handouts to corporates, while common people stay poor?
Our Verdict: Development is good—but ONLY if the benefits go to the common public, not just the rich elite. Infrastructure must be for everyone, jobs must reach local youth, and projects must protect people’s rights and the environment.
We wanna hear from YOU:
💬 Are you from Vizag? Looking for a job in tech? Think these projects will change your future?Drop your thoughts in the comments and tag a friend who needs to see this!
