The Andhra Pradesh Cabinet has approved a proposal by Credence Realty to set up an IT park in Visakhapatnam, reinforcing the city’s position as an emerging technology hub.

The project is expected to attract IT and IT-enabled services companies, boosting employment opportunities.

Visakhapatnam has been gaining traction as an alternative IT destination to major metros.

The development aligns with the state’s strategy to promote digital infrastructure and technology investments.