Two American companies set to launch in Vizag

american companies vizag

Visakhapatnam’s scope on IT industry is getting strong day by day. Two American based companies are all set for starting their work now in Vizag .The two companies Conduent Inc business process services arm of Xerox, and global investment firm Franklin Templeton and its partner Innova Solutions are all set to launch their operations with the AP Electronics and IT Agency (APEITA) . They were given space at the IT sez designed in the city.
Franklin Templeton been allotted 17,000 sft at the Tech Hub (new building of Tech Mahindra. And Conduent has been alloted space near RushiKonda.

Conduent has recently already started recruiting employees. Both the companies are planning to inaugurate on the same day by Inviting our Chief Minister N.Chandra Babu Naidu on his next visit to the city which is expected to be on February 24 .

Innova solutions and Franklin Templeton is in the process to setup their permanent building near RushiKonda. Millinium tower which is in its advanced stage of construction has promised CONDUENT to allot 2,00,000 SqFt within 2 months. AP Industrial infrastructure corporation is expected to build the tower in two phases and interior to be ready soon. Franklin Templeton is planning to invest $70 Million on its campus. In first phase of establishment it will have 197 seater initially planning with a future prediction of have around 5,000 employees in upcoming Seven – Eight years by investing INR 300 crores. The millinium is expected to have two phases The first phase will be in area of 2,00,000 SqFt and the second phase will be 1,00,000 SqFt.

For careers in Franklin Templeton view the link below

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