A multinational IT firm's project in Visakhapatnam will create 1500 jobs
Software Application and Information Technology Ltd. (SAiS), a multinational IT firm, will establish two offices in Andhra Pradesh. One project will be set up in Visakhapatnam and the other in Tirupati, with a cost of Rs 400 crore for both projects.
The Visakhapatnam project will be completed with Rs 120 crore, and operations are expected to be completed within the next 18 months, resulting in the creation of 1500 job vacancies.
The Visakhapatnam project will be the headquarter for the company's corporate affairs.
The state government recently allotted land in Tirupati for the SAiS project. The works will begin soon, and Tirupati will have a much larger campus with a cost of Rs 250 crore and will create 2500 jobs.