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Accenture proposes new campus in Andhra Pradesh, eyes adding 12,000 jobs Business News & Hub

Accenture proposes new campus in Andhra Pradesh, eyes adding 12,000 jobs Business News & Hub

Tech consultancy Accenture has proposed setting up a new campus in Andhra Pradesh, aiming to eventually add about 12,000 jobs to its workforce in India, three sources familiar with the matter told Reuters.

The move follows similar deals by IT firms Tata Consultancy Services and Cognizant, which are leveraging a new state policy offering leased land at 0.99 rupees per acre to large firms willing to generate employment.

India is already Accenture’s largest employee base globally, with more than 3,00,000 of its 7,90,000 employees based in the country.

As part of the proposal being reviewed by the State government, Accenture has requested land of about 10 acres in the port city of Visakhapatnam on similar terms, the sources said, requesting anonymity as the matter is private.

Accenture did not respond to Reuters’ request for comment.

The Andhra Pradesh government is eager to bring in Accenture, a State official said, adding that while approvals may take time, the proposal is expected to be cleared.

“It is not an unreasonable ask by Accenture, and the proposal will go through,” the official said on condition of anonymity.

It is not immediately clear how much Accenture intends to invest in setting up the campus.


Source: https://www.thehindu.com/business/accenture-proposes-new-campus-in-andhra-pradesh-eyes-adding-12000-jobs/article70086119.ece

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