The popular IT company HCL Technologies will reportedly set up a Global IT development centre at Gannavaram in Andhra Pradesh and this will create more than 5,000 jobs.
The new centre is spread over 29.86 acres and is anticipated as part of Andhra Pradesh’s drive to create a new IT hub. With this, the company will invest over Rs 700 crore to develop two facilities in the state, in phases over the next few years.
As a part of the deal, a skill development centre with a 1,000-seat capacity will also be developed.
“The creation of this Global Centre is aligned with our strategic vision to expand and create opportunities in the emerging cities. We are confident that HCL Global Centre in Vijayawada will be one of the best IT centres in the industry in the coming years,” said Executive Director and CEO of HCL Corporation Roshni Nadar Malhotra.
HCL will invest in creating a training centre for fresh engineering graduates from local colleges. Also, it plans to attract talent who belong to Vijayawada and provide them with careers in areas of application and product development.