Soon after success of Block Chain Technologies International Conference held in FinTech Valley, Visakhapatnam, the State Government of Andhra Pradesh will bring out Cloud Hub Policy soon. In a meeting chaired by the State's IT Minister Nara lokesh with Principle Secretary, K Vijayanand and other officials, it was decided to table draft Cloud Hub Policy in the coming Cabinet Meeting. The Minister suggested to draft out Cloud Policy to attract International Major Cloud Data Centers to the State. It was also decided to provide State Government support to the Product Global Patents would be submitted by the IT companies. lokesh has directed the Principle Secretary to draw modalities for the purpose as possible as many International Prestigious IT Companies coming forward to establish State units in AP.
Alongside, it was also proposed to bring a separate policy on Gaming and Animation Industry development to attract International level companies. The Minister categorically directed to equip with all the permissions and infrastructure to provide 24/7 continuous quality power, providing incentives, fiber connectivity, other incentives and infrastructure facilities to the IT and other Technology Companies coming to the State. Also, it was decided to make clear cut policy to harness establishment of more Research Development Centers in Artificial Intelligence.