Andhra Pradesh Woos Tech Companies Amid Karnataka's Job Quota Controversy

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Andhra Pradesh IT Minister Nara Lokesh invites tech companies to Visakhapatnam as Karnataka's proposed job quota bill for Kannadigas sparks debate. The move highlights interstate competition for IT investments in India.

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Andhra Pradesh's Invitation to Tech Companies

Amid growing concerns over Karnataka's proposed job quota bill for Kannadigas, Andhra Pradesh's IT Minister Nara Lokesh has extended an invitation to tech companies to set up operations in Visakhapatnam. Lokesh, in a series of tweets, highlighted the state's investor-friendly policies and infrastructure, positioning Andhra Pradesh as an attractive alternative for IT investments

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Karnataka's Job Quota Bill and Its Implications

The controversy stems from Karnataka's proposed bill that aims to reserve 80% of jobs for Kannadigas in private sector companies. This move has raised concerns among industry leaders and sparked a debate on the potential impact on the IT sector in Bengaluru, often referred to as India's Silicon Valley

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Andhra Pradesh's Pitch to NASSCOM

In a strategic move, Lokesh has specifically invited NASSCOM, the premier trade body of Indian IT companies, to explore opportunities in Visakhapatnam. He emphasized the city's robust infrastructure, skilled workforce, and the state government's commitment to fostering a conducive environment for the IT industry

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Visakhapatnam's Potential as an IT Hub

Lokesh highlighted Visakhapatnam's advantages, including its picturesque coastline, lower cost of living compared to other major IT hubs, and the availability of top-tier educational institutions. The minister also pointed out the state's efforts in developing Fintech Valley in Visakhapatnam, showcasing the government's commitment to technological innovation

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Andhra Pradesh's IT-Friendly Policies

The state government has been actively promoting its IT-friendly policies, including the recent announcement of the AP Electronics and IT Policy 2024-29. This policy aims to generate 1.65 lakh jobs in the IT sector and attract investments worth ₹25,000 crore over the next five years

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Interstate Competition for IT Investments

This development underscores the growing competition among Indian states to attract IT investments and talent. While Karnataka has long been a preferred destination for tech companies, other states like Andhra Pradesh are now aggressively positioning themselves as viable alternatives, leveraging their unique strengths and investor-friendly policies.

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