IT and Panchayat Raj Minister Nara Lokesh is going to inaugurate the cyber tower in Visakhapatnam. The new building of Tech Mahindra has been named as Cyber tower and it has been taken on lease by the AP Electronic and IT agency. It will be inaugurated by Lokesh on august 24 in Vizag .
It was his fattier and then CM of United Andhra Pradesh who Inaugurated he famous Cyber Towers in Hitech city in Hyderabad that went onto become a land mark and subsequently become a IT Hub .
Visakhapatnam’s Cyber Tower has one lakh soft. The space on the 11-floor building with the state of the art facilities has been taken on lease by APEITA to encourage Investment in IT . Vizag is the main it destination in Andhra Pradesh wit a turn over of Rs 2000 crore . It is home to big players including Techmahindra ,Wipro, HSBC , IBM, Conentix and WNS. However, space constrain had become a major hindrance as many IT companies finding it difficult to get space with facilities such as plug and play. The Cyber Tower inauguration in Vizag by Lokesh is getting a great significance.