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HCL Technologies inks MoU with AP govt

Friday, 31 Mar 2017
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Information Technology services company, HCL Technologies has inked a memorandum of understanding (MoU) with the Andhra Pradesh government.

As per the pact, it plans to set up a global IT development centre, and a training centre in Vijayawada and Amaravati. As part of the agreement, the company will make an investment of Rs 500 crore in 10 years.

The project will spread over 27.86 acre of land which will be allotted by the government. It will create employment opportunity to 5,000 local residents.

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