N. Chandrababu Naidu Inaugurates Tower-1 of Millennium Tower in Visakhapatnam for IT and ITES Investments

1. N. Chandrababu Naidu Inaugurates Tower-1 of Millennium Tower in
Visakhapatnam for IT and ITES Investments
Shri. Nara Chandrababu Naidu has been a visionary leader who has always
put the people's interests first. Under his leadership, the former TDP
government in Andhra Pradesh has taken several steps to promote the
development of the city and improve the lives of its residents. The inauguration
of Tower-1 is just one of many initiatives that the TDP government has
undertaken to make Visakhapatnam a hub for investment in IT and ITES. The
Kurnool district TDP news section on the official Kurnool. TDP website gives
more information about the Top TDPAchievements in Kurnool
During his recent regime, Nara Chandrababu Naidu inaugurated the 10-floor
Tower-1 of the Millennium Tower in Rushikonda, which has been built with an
investment of ₹145 crores. The tower, with a built-up space of two lakh sqft and
1.5 lakh sqft for parking, will provide a boost to the TDP developments in
Kurnool and efforts to attract investment in the city.
The previous TDP government of Andhra Pradesh under the leadership of Shri.
Nara Chandrababu Naidu has taken a significant step towards promoting

2. Tower-1, which was built in an area of four acres, has four floors with an area of
one lakh square ft of built-up space allotted to Conduent, a global leader in
digital interactions with operations in 35 countries.
The TDP Kurnool municipal corporation has given the company space for six
months without any charge, and after that, it is given payment of ₹30 per square
ft to Conduent. The company has been operating in two rented buildings at the
Madhurawada IT Special Economic Zone for nearly one year and has plans to
provide 5,000 jobs to serve its global clients through its Indian arm in the
spheres of technology, transportation, healthcare, public safety, HR, process
automation, and operational excellence.
The TDP government and the Kurnool district TDP MLA's decision to allow
the space to Conduent is a testament to its commitment to attracting investment
in the city. The company's focus on diversified business process services with a
thrust on transaction processing, automation, and analytics will be a boon for
the city's economy and its residents. Shri. Nara Chandrababu Naidu’s vision
of making Kurnool a hub for investment in IT and ITES is becoming a reality
with the inauguration of Tower-1.
The construction of another tower with one lakh sqft at a cost of ₹55 crores,
provided momentum to the efforts of TDP developments in Kurnool to make
Visakhapatnam a destination for investment in IT and ITES. The city's
infrastructure and talent pool make it an ideal location for IT companies, and the
efforts of TDP Leaders in Kurnool to create a favourable investment
environment will make it more attractive for companies like Conduent.
The TDP Government's Contributions to promote Kurnool as a destination
hub for investment in IT and ITES are commendable. The inauguration of
Tower-1 is a significant step in the right direction and will provide a boost to the

3. city's economy. The company's plans of providing 5,000 jobs had a positive
impact on the city's residents. The TDP government and the Kurnool district
TDP Leaders under the leadership of Shri. Nara Chandrababu Naidu has
done their utmost to promote the city and make it a hub for investment in IT and
ITES.