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Andhra firms bid for IT parks

The Andhra Pradesh government’s new norms for the development of IT parks in the state have ushered in a wave of local players into the field, which till now was the domain of big ticket companies like L&T.

Local construction firms like Nagarjuna Construction Company, Lanco and IVRCL Infrastructures and Projects, besides a company like Nuziveedu Seeds with no background of construction activity at all, are now among the 14 companies that have been shortlisted by the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to bid for the proposed four IT parks under the private sector.

Nagarguna, Lanco and IVRCL Infrastructure are into core construction activity covering mainly irrigation projects and roads among others.
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