Vizag to steal city's IT thunder
27 Jul 2007, 0453 hrs IST,K V Ramana,TNN
27 Jul 2007, 0453 hrs IST,K V Ramana,TNN
HYDERABAD: Chalo Vizag! That could well be the motto for Hyderabad’s IT companies as several of them are venturing into the port city. And it’s not merely the tempting 23-km IT corridor planned between Kailasgiri and Bheemili that’s attracting investors, but also the serene beaches at Rishikonda and beautiful Araku Valley that’s drawing them.
How serious a destination it has become is evident in US multinational Kenexa’s move to shift its global delivery hub from Hyderabad to Vizag. “This will become our hub for innovations and intellectual space, research and development,” Kenexa’s global CEO Rudy Karson said. Kenexa’s facility will come on a 25-acre campus and, what is more, many of its Hyderabad employees will be transferred to the port city.
Others include Hyderabad’s own global company Satyam, which is setting up two units in Vizag: One at Resapuvanipalem spanning 6.5 acres and the other on the Vizag-Bheemili road as an SEZ. Infotech Enterprises is planning to invest Rs 30 crore and develop an SEZ on 5 acres in Rishikonda. HSBC is also present.
“The situation in Vizag is similar to that in Hyderabad in, say 1999, when Hi-Tec City had just started coming up at Madhapur. Since Hyderabad is getting saturated, IT companies have discovered Vizag and found it to be a great place,” an industry analyst said. Of course, Vizag’s poor air connectivity is still a problem.
“Vizag’s landscape is changing. It’s a happening place and it’s going to become big,” IT principal secretary S K Joshi said.
According to Infotech’s Global HR President Ashok Reddy, “The city is growing and the talent pool is available there. That’s why we are going there. Our facility will start operating next year.” The company will handle its marine design and automobile unit from Vizag.
For employees, it’s the after-office and week-end getaways that makes Vizag score over Hyderabad. “Rishikonda, the beach and places like Araku valley make Vizag an interesting place.
For the first one or two years, Hyderabad looked interesting but not anymore,” IT professional Anurag Sharma said.
Several employees like him are willing to move to Vizag if the company gives an option. “Once we are away from our place of origin, it doesn’t make a difference whether we are in Hyderabad or Vizag. In that case, we will go to a more attractive place,” said another techie Sandeep Singh.
How serious a destination it has become is evident in US multinational Kenexa’s move to shift its global delivery hub from Hyderabad to Vizag. “This will become our hub for innovations and intellectual space, research and development,” Kenexa’s global CEO Rudy Karson said. Kenexa’s facility will come on a 25-acre campus and, what is more, many of its Hyderabad employees will be transferred to the port city.
Others include Hyderabad’s own global company Satyam, which is setting up two units in Vizag: One at Resapuvanipalem spanning 6.5 acres and the other on the Vizag-Bheemili road as an SEZ. Infotech Enterprises is planning to invest Rs 30 crore and develop an SEZ on 5 acres in Rishikonda. HSBC is also present.
“The situation in Vizag is similar to that in Hyderabad in, say 1999, when Hi-Tec City had just started coming up at Madhapur. Since Hyderabad is getting saturated, IT companies have discovered Vizag and found it to be a great place,” an industry analyst said. Of course, Vizag’s poor air connectivity is still a problem.
“Vizag’s landscape is changing. It’s a happening place and it’s going to become big,” IT principal secretary S K Joshi said.
According to Infotech’s Global HR President Ashok Reddy, “The city is growing and the talent pool is available there. That’s why we are going there. Our facility will start operating next year.” The company will handle its marine design and automobile unit from Vizag.
For employees, it’s the after-office and week-end getaways that makes Vizag score over Hyderabad. “Rishikonda, the beach and places like Araku valley make Vizag an interesting place.
For the first one or two years, Hyderabad looked interesting but not anymore,” IT professional Anurag Sharma said.
Several employees like him are willing to move to Vizag if the company gives an option. “Once we are away from our place of origin, it doesn’t make a difference whether we are in Hyderabad or Vizag. In that case, we will go to a more attractive place,” said another techie Sandeep Singh.
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