HCL Technologies has started work on a new campus in Krishna district on Monday.
The foundations stone for the project was laid by Andhra Pradesh IT Minister N Lokesh and CEO Roshini Nadar at the 28-acre site.
The project will be in two phases — in the first phase ₹400 crore will be invested in establishing an R&D centre at Keserapalli village, alongwith a skill development centre and other facilities.
It is estimated that 4,000 jobs will be generated. Next, a 20-acre centre will be set up at Amaravati, the new capital, and ₹350 crore will be invested, generating 3,500 jobs.
It will take 10 years for the company to complete the project, generating the number of jobs promised. Lokesh thanked HCL and Shiv Nadar for starting the venture. “HCL is the first IT major investing on such a scale in the new Andhra Pradesh after bifurcation and we will help the company in every way to complete the project,” he said.
Roshini Nadar, CEO, HCL Technologies, thanked the AP Government and the CM for all the help and promised that locals and local culture will be given priority in all matters.
The project will be completed on schedule and the company will play its role in building up new Andhra Pradesh, she added.