Major Industries of Visakhapatnam
Vizag city has about 50 small and medium software and call centre units, of which about
10 units started their operations during the year 2005-06; the foremost being Symbiosis Technologies followed by HSBC and Encore India, which have spawned several rapidly
growing organizations through their American relations, in particular Patra India.
Software exports from the visakhapatnam region increased by around 56 per cent at Rs
109 core in the financial year ended March 31, 2006, as compared to Rs 70 crore in the corresponding previous year.
Also Nipuna, the BPO arm of Satyam Computers, is about to start its operations very soon in this port city. Other companies that are in visakhapatnam include: Open Logix, Miracle Software, and Maples Software among others. Also many other IT companies like Wipro,
Infosys and [IBM Daksh] are about to launch their operations in nearest future.