TCS gets Vizag land at 99 paise lease to set up Rs 1,370 crore IT campus

VIJAYAWADA: In a significant push to the State’s employment and industrial growth, Tata Consultancy Services (TCS) is set to set up a major IT campus in Visakhapatnam, creating 12,000 new jobs. The Rs 1,370 crore project will be developed on 21.16 acres of land allotted to TCS on a 99-year lease at a nominal rate of 99 paise, marking a landmark achievement under the State government’s proactive industrial drive.