Tata Consultancy Services (TCS) plans to set up an IT facility in Andhra Pradesh with a capacity to accommodate 10,000 employees.
The announcement was made by Nara Lokesh, the state's cabinet minister for Human Resources Development, Information Technology, Electronics, and Communication.
Lokesh stated that the investment by TCS is a significant step towards making Andhra Pradesh India's No. 1 state for business.
He also hinted at a big announcement after meeting with Tata Sons Chairman N Chandrasekaran.