Chandrababu Naidu’s plans to replicate Cyber Hi-Tech city dream.
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The plan to have one such similar type of towering at IT in Mangalagiri was dropped at the last moment as the capital city region will have other famous buildings. The Millennium towers is the biggest of all of them which is build in an area of five lakh square feet in Madhurawada which is situated in Vizagapatinam.
The state presently needs 30 Lakhs feet space for the IT companies to do the business. A senior official has told that they are presently providing 8 Lakhs square feet area. He also said that the emphasis is given to Vizagapatinam as it is the largest city in the state with a turnover of 1,500 crores through IT and a growth rate of 20% is also shown.
Hyderabad’s cyber towers have increased and thanks to the International airport and other infrastructure. K.Shankar who owns an IT firm in Vijayawada has told that the government must replicate them in Vizagapatinam, Tirupathi and Anantapur and also they receive investments in this regard.