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US IT firm opens shop in Kakinada

Staff Reporter

To set up another facility in Vizag

Kakinada: Avineon, a leading US-based provider of engineering, geospatial and information technology solutions, commenced its operations in Kakinada on Wednesday. It has also unveiled plans to set up another facility in Visakhapatnam and to expand its facilities in Hyderabad.

Inaugurating the company’s Kakinada facility, Union Minister of State for Defence and Kakinada MP MM Pallam Raju expressed happiness that IT companies like Avineon were looking at Tier-II cities like Kakinada where the cost of operations were lower than what is incurred in bigger cities like Hyderabad and even Visakhapatnam.

President and CEO of Avineon Inc., Karlu Rambhala said Avineon preferred Kakinada to other places due to the availability of a large number of good engineering and technical institutes, which generate the skilled manpower required by firms like Avineon.

Avineon has been growing at a rate of over 30 percent for the past five years.

Its new facility located Pallam Raju Nagar in Kakinada, has 80 employees and 200 to 250 more would be added in a year. By the middle of 2008, Avineon will have 120 employees, most of them from this region.

Avineon India Pvt. Ltd General Manager (Human Resources) A Venkateswara Rao and others were present.

Literary meet

A literary meeting on the works of legendary poetess Tarigonda Vengamamba will be organised at the TTD Kalyanamandapam here on April 10 and 11 by the Tirumala Tirupati Devasthanams (TTD), according to programme coordinator P Chenchu Subbaiah.

Speaking to reporters on Wednesday, Mr. Subbaiah said the inaugural function of the two-day event on April 10 being organized as part of `Tarigonda Vengamamba Vangmaya Project’, comprises a spiritual discourse by Swami Swaroopanandendra Saraswati of Sarada Peetham (Visakhapatnam) and keynote address by Chaganti Koteswara Rao.

Minister for Fisheries and Animal Husbandry M Buddha Prasad will be the chief guest.

TTD Executive Officer KV Ramanachari and Sri Venkateswara Employees Training Academy Director Mr. Bhooman will also take part in the first day’s events.

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