
Kochi-type Start-up Village at Vizag?
The HinduAndhra Pradesh will soon have its own Start-up Village for IT companies on the lines of the one set up in Kochi, Kerala. A team of officials from the State led by J. Satyanarayana, IT Advisor to the State Government, will visit Kochi on Friday for a firsthand understanding of the Start-up Village established there. Once the policies get crystallised, all-out promotion of Andhra Pradesh would be taken up to convince investors in India and abroad, particularly in the United States and Japan for software sector and Taiwan and South Korea for hardware. The contribution of new State to IT exports was expected to be only 0.25 per cent and the thrust of the IT policy would be to increase it by 20 times and make it five per cent in the next five to six years. Mr. Satyanarayana said an Innovation Fund would be created as funding startups would be one of the important policy initiatives.
History of this topic

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