HCL to invest Rs 1,000 crore in setting up development centers in Andhra Pradesh
Advertisement
Advertisement
IT Services company HCL Technologies is now looking forward to setting up one of its largest development centres in Andhra Pradesh. This move involves an investment of over Rs 1,000 crore. The company is on the verge of signing an agreement with the One of the officials confirmed that talks with
"Talks have been on for a while, but there is no official confirmation or sign-off yet," said a person aware of the discussions. The proposed development centre, one of the largest facilities of
For starters, Naidu, who headed undivided Andhra Pradesh as its chief minister during 1995-2004 succeeded in attracting technology giants including Microsoft, Oracle,
HCL Technologies has been expanding its footprint in tier-2 cities since the past few years. The first phase of a 100-acre IT city in Lucknow, which involves an investment of nearly Rs 1,500 crore, became operational last year.
Advertisement
The investment proposal of HCL Technologies is expected to come up before the ensuing meeting of the state investment promotion board (SIPB) for its approval.
Advertisement
- I got a $40K raise using this 30-second strategy. It made me realize loud work, not hard work, always wins.
- Qatar Airways' new CEO explains why it's sticking with the Airbus A380 as other airlines retire the costly superjumbo
- Prince Harry and Meghan found out about Kate Middleton's cancer diagnosis on TV like everyone else, report says
- Shapoorji Pallonji’s Afcons Infra files DRHP for ₹7,000 crore IPO
- Water crisis affects businesses across Bengaluru; Is there room for cautious optimism?
- BenQ Zowie EC2-CW review – Premium wireless mouse for gamers
- Banks' GNPAs set to improve further to 2.1 pc by FY25: Care Ratings
- FPIs make remarkable comeback, infuse ₹2 lakh cr in FY24