With the presence of basic infrastructure like shipyard , NH-5 ( Natioanal Highway) , Railway line visakhapatnam has become hub for manufacturing companies in the region.
The big public sector companies providing jobs in Visakhapatnam are VSP (Visakhapatnam Steel Plant), BHPV ( Bharath Heavy Plates and vessels), NTPC (National Thermal Power corporation), HPCL ( Hindustan Petro chemicals Limited), Hindustan Zinc, Shipping corporation of India, NMDC ( National Mineral Development corporation).
Gangavaram port, VEPZ ( Visakhapatnam Export processing Zone), Multi product SEZ ( Special Economic Zone) near Gangavaram, Jawahral Nehru Pharma city at Parawada, planning of petro chemical complex has made visakhapatnam opportunity to develop as a destination for manufacturing companies and export oriented companies in the region.
Brandix is a textile company in the SEZ providing jobs to the people of visakhapatnam in textile sector.
The other companies in visakhapatnam include granite cutting , polishing and exporting companies, gems and jewellery export companies, pharma and bulk drugs manufacturing and exporting companies, chemical companies.
Big software companies like satyam , wipro, TCS , Miracle, HSBC are planning to expand their operations in Madhurawada and Bhogapuaram areas of visakhapatnam.
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