Union minister of state for electronics and information technology, said the value of IT exports from AP in 2021-22 was just 926 crore. This was just 0.14% of the total IT exports from India. AP’s share in IT exports always remained below 0.2% in the last five years, he said.
The minister said AP has good , a large manufacturing base, talented youth, and business-friendly Environment for the development of IT and ITES Industry as per the National Association of Software and Services Companies (NASSCOM). He said five incubation centres are functional in AP under the Technology Incubation and Development of Entrepreneurs -TIDE 2.0 to support ICT startups. Of these, two are operational in Visakhapatnam, and one each at Chittoor, Guntur and Tirupati. The software Technology Parks of India (STPI) is also having three incubations centers – in Tirupati, Vijayawada and Kakinada, and four STPI centers – in Vijayawada, Tirupati, Kakinada, and Visakhapatnam in AP.