IT Sector
Key Policy Highlights

Andhra Pradesh Information Technology Policy 2021 - 2024

The Indian market for IT/ IT Enabled Services stood at USD 191 Billion (INR 14.3 Lakh Cr.) in the year 2019-20 and is expected to increase to USD 350 Billion (INR 26.2 Lakh Cr.) by 2025, driven by growth from tier-2 and tier-3 cities. IT services, Business Process Management (BPM), software products and engineering services are some of the major sub-sectors in IT with growth potential in India. ​

To tap the high potential for fast growth and to generate large-scale employment in the sector, the Government of Andhra Pradesh evolved a holistic policy framework for IT/ IT Enabled Services sector. ​

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    The Objectives of the Policy are : 

  • Transform the ITE&C department into a self-sustainable department through revenue generation.​
  • Creating an industry-ready talent pool and fulfill the demand for skilled IT manpower and Facilitating the creation of co-working space and satellite centers to enable seamless start of operations for IT units.​
  • Promoting innovation and startups through appropriate incentives and interventions.​
  • Promoting cutting-edge and emerging technologies such as quantum computing, Artificial Intelligence (AI)/Machine Learning (ML), Data Analytics, Blockchain, Augmented Reality (AR)/ Virtual Reality (VR), Fintech etc. ​
  • Encourage the adoption of latest global trends in IT business models such as “Work from Home”
  • Provide a boost to “Gig economy” by supporting freelancers in the IT space.​
  • Enable quick approval for investment proposals and reduce the time taken to commence operations and Engage with the State’s formidable global diaspora to invest in Andhra Pradesh and contribute to its talent pool