N. Chandrababu Naidu Inaugurates Tower-1 of Millennium Tower in Visakhapatnam for IT and ITES Invest

Shri. Nara Chandrababu Naidu has been a visionary leader who has always put the people's interests first. Under his leadership, the former TDP government in Andhra Pradesh has taken several steps to promote the development of the city and improve the lives of its residents. The inauguration of Tower-1 is just one of many initiatives that the TDP government has undertaken to make Visakhapatnam a hub for investment in IT and ITES. The Prakasham district TDP news section on the official Prakasham TDP website gives more information about the Top TDP Achievements in Prakasham.

During his recent regime, Nara Chandrababu Naidu inaugurated the 10-floor Tower-1 of the Millennium Tower in Rushikonda, which has been built with an investment of ₹145 crores. The tower, with a built-up space of two lakh sqft and 1.5 lakh sqft for parking, will provide a boost to the TDP developments in Prakasham and efforts to attract investment in the city.

The previous TDP government of Andhra Pradesh under the leadership of Shri. Nara Chandrababu Naidu has taken a significant step towards promoting Tower-1, which was built in an area of four acres, has four floors with an area of one lakh square ft of built-up space allotted to Conduent, a global leader in digital interactions with operations in 35 countries.

The TDP Prakasham municipal corporation has given the company space for six months without any charge, and after that, it is given payment of ₹30 per square ft to Conduent. The company has been operating in two rented buildings at the Madhurawada IT Special Economic Zone for nearly one year and has plans to provide 5,000 jobs to serve its global clients through its Indian arm in the spheres of technology, transportation, healthcare, public safety, HR, process automation, and operational excellence.

The TDP government and the Prakasham district TDP MLA's decision to allow the space to Conduent is a testament to its commitment to attracting investment in the city. The company's focus on diversified business process services with a thrust on transaction processing, automation, and analytics will be a boon for the city's economy and its residents. Shri. Nara Chandrababu Naidu’s vision of making Prakasham a hub for investment in IT and ITES is becoming a reality with the inauguration of Tower-1.

The construction of another tower with one lakh sqft at a cost of ₹55 crores, provided momentum to the efforts of TDP developments in Prakasham to make Prakasham a destination for investment in IT and ITES. The city's infrastructure and talent pool make it an ideal location for IT companies, and the efforts of TDP Leaders in Prakasham to create a favourable investment environment will make it more attractive for companies like Conduent.

The TDP Government's Contributions to promote Prakasham as a destination hub for investment in IT and ITES are commendable. The inauguration of Tower-1 is a significant step in the right direction and will provide a boost to the city's economy. The company's plans of providing 5,000 jobs had a positive impact on the city's residents. The TDP government and the Prakasham district TDP Leaders under the leadership of Shri. Nara Chandrababu Naidu has done their utmost to promote the city and make it a hub for investment in IT and ITES.

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