The Siddaramaiah government in Karnataka has recently approved a controversial Reservation Bill mandating significant reservations for locals in the private sector. The new legislation requires that Kannadigas fill 50% of management positions and 75% of non-management positions in private companies. This decision has sparked a strong backlash from the industry, with many questioning its potential impact on Karnataka’s thriving tech sector.
In view of these developments, big industry names responded negatively to the Reservation Bill, citing that such a bill would take away from the companies’ need to recruit highly skilled individuals. Some companies and startups even lean towards relocation, and in the present situation, Visakhapatnam is a viable alternative for them to shift to. When NASSCOM voiced a strong opposition to the bill on social media platform, X, Andhra Pradesh IT Minister Nara Lokesh instantly reacted to their statement, inviting them to set up camp in Vizag instead.
Vizag, designated as the IT Hub of Andhra Pradesh, offers several advantages that make it an attractive destination for tech investments. It boasts a natural port with significant cargo capacity, a well-connected railway hub, an international airport, and a burgeoning pharmaceutical and heavy industry sector. Additionally, Vizag is the headquarters of the Eastern Naval Command and home to INS Dega.
Led by Chief Minister Chandrababu Naidu, who previously oversaw Hyderabad’s IT boom, Vizag has .