N Chandrababu Naidu Invites Nasscom to Invest in Andhra Pradesh's IT Sector

Andhra Pradesh CM N Chandrababu Naidu met with Nasscom representatives, inviting them to invest in the state's IT and service sectors. He emphasized technology-driven services, including a data lake initiative. Nasscom showed interest in collaborating, particularly in the BFSI sector and introducing new technologies.

Andhra Pradesh Chief Minister N Chandrababu Naidu extended an invitation to representatives from the National Association of Software and Service Companies (Nasscom) to explore investment opportunities within the state. The meeting, held at Undavalli in Guntur district, emphasized the vast potential in the IT and services sectors.

Naidu highlighted the state's commitment to delivering technology-driven services to its citizens. A key feature of this initiative is the creation of a data lake, which treats each household as an individual unit with plans for wider application.

Nasscom expressed keen interest in collaborating with the state government, particularly in sectors like Banking, Financial Services, and Insurance (BFSI). They are also eager to introduce innovative technologies to enhance the region's development.

(With inputs from agencies.)