Vijayawada, July 8 -- In a significant development that is expected to change the IT landscape of Andhra Pradesh, IT Minister Nara Lokesh today signed a Memorandum of Understanding (MoU) with the ANSR, a global leader in establishing and managing Global Capability Centers (GCCs).

A release here on Tuesday said that the agreement with ANSR creates investment in the Madhurawada IT cluster to build a state-of-the-art innovation campus. Over the next five years, the campus is expected to generate more than 10,000 jobs. ANSR is a global firm specializing in the development of global capability centers (GCCs). Cumulatively ASNR has helped establish 135 GCCs with around $2 billion in investments.

The ANSR is also expected to assist global com...