Central BPO Scheme Likely To Create 45,000 Jobs In 3 Years In Vizag.

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Central BPO Scheme Likely To Create 45,000 Jobs In 3 Years In Vizag

VISAKHAPATNAM: The business process outsourcing (BPO) and information technology (IT) sectors in and around Visakhapatnam city are likely to generate around 45,000 jobs over the next three years under the India BPO Promotion Scheme (IBPS).The scheme was launched by the Union government to incentivise the BPO and IT/IN-enables services (ITeS) sector in the country and to establish over 48,000 seats that will generate employment across the country. Seats are distributed among states in proportion to their population. Around 15,000 seats have been allocated to Andhra Pradesh, of which 9,233 seats are allotted to the Port City and another 3,000 to neighbouring Vizianagaram city.“The seats will create around 45,000 direct jobs in the next three years as 56 units have already been approved under the IBPS in Visakhapatnam region. This means that around another one lakh cases of indirect employment will be created in the city,” MP Dubey, in-charge of Vizag Software Technology Parks in India (STPI) and state nodal officer for IBPS told TOI.The STPI, which is the nodal implementing agency for the scheme, mentioned in a recent tweet that out of over 100 locations where BPOs have been set up under the IBPS, Visakhapatnam city has emerged as one of the most-preferred destinations, with several BPOs under the scheme providing high quality technical support to clients.“Visakhapatnam has the best potential for the IT and BPO industry. Various companies are moving to Visakhapatnam as the city is a fast emerging one among Tier-2 cities. We are getting good talent from the city,” said Dubey.Industry experts are of the opinion that the IT industry in the city may over time surpass Vizag Steel Plant (VSP) as the biggest employer. At present, VSP employs around 20,000 employees.“One of the advantages of Visakhapatnam is that it has an immense talent pool. On average, 25,000 to 30,000 new graduates come out every year from the different institutions located in and around the city,” said KN Roy, a senior employee at a BPO company in the city.

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