The previous government had sanctioned ITIR Project for Vishakapatnam and Tirupati during the state bifurcation which are expected to support IT boom in the residuary state. Andhra Pradesh government had completed the DPR work of the Vishakapatnam project and submitted it to the center about two years ago.
The Union IT Ministry is sitting on the file till now with out clearing it. Now the Center had informed that the DPR may become redundant now as the Centre deciding to have a re-look at the ITIR policy. The state government had to work on a new DPR which will take at least six months and then all the clearances are expected to take one and half year time.
Given the pace, the project may not be completed before the next elections. The project if done is expected to create Five Lakh jobs in in IT and electronics field by 2020. Once ITIR is sanctioned, Vishakapatnam would have got shot in the arm with pumping in of 5000 crore to create the required ecosystem.