Vizag Statistics & Growth
Real-time data tracking Visakhapatnam's transformation into a smart city
Key Metrics
Comprehensive statistics across all sectors
2.1M
Metro Population
Growing annually
25.8K
IT Jobs (2024)
+17.3% YoY
1380K
Annual Tourist Arrivals
+20.0% YoY
₹14K
Avg Sq Ft (Premium)
High demand
IT Sector Growth
Job creation and industry expansion (2019-2024)
IT Jobs Created (Annual)
201912,000
12,000
202013,500
13,500
202115,200
15,200
202218,500
18,500
202322,000
22,000
202425,800
25,800
202528,500
28,500
Top IT Companies
Cyient Limited
📍 IT SEZ Madhurawada
3,500 employees
Tech Mahindra
📍 Rushikonda
2,800 employees
Cognizant Technology Solutions
📍 IT Park Rushikonda
2,200 employees
Innova Solutions
📍 MVP Colony
1,800 employees
Oracle Financial Services
📍 IT SEZ Madhurawada
1,500 employees
Wipro Technologies
📍 Gajuwaka
1,200 employees
Broadridge Financial Solutions
📍 Rushikonda
900 employees
HSBC Electronic Data Processing
📍 Madhurawada
850 employees
Tourism Sector
Revenue Growth (2024)
₹33.5 Cr
+21.3% from 2023
Visitor Trends
20231150K
20241380K
20251520K
Real Estate Market
Premium Areas & Pricing (per sq ft)
RK Beach₹15,500
MVP Colony₹11,200
Rushikonda₹18,500
Madhurawada₹9,800
Gajuwaka₹7,200
PM Palem₹10,500
Scindia₹8,800
Kailasagiri₹14,200
Active Projects
Major investments driving city development
planning
Visakhapatnam Metro Rail (Phase I)
BRTS Corridor NAD to Gajuwaka
Impact: High (connectivity, 50K+ jobs)
under construction
Visakhapatnam Port Expansion & Modernization
Visakhapatnam Port
Impact: High (cargo capacity 200 MTPA, logistics)
under construction
RK Beach Promenade & Beach Road Development
RK Beach to Rushikonda
Impact: Medium (tourism, real estate)
completed
Rushikonda Beach Integrated Resort
Rushikonda Hill
Impact: Medium (500 rooms, tourism)
under construction
Fintech Valley IT Park Expansion
Madhurawada IT SEZ
Impact: High (10,000 IT jobs)
under construction
Greenfield Airport (Bhogapuram)
Bhogapuram (25km from Vizag)
Impact: Very High (connectivity, trade)
announced
Semiconductor Manufacturing Hub
Atchutapuram SEZ
Impact: Very High (15,000 jobs, electronics)
planning
Fishing Harbour Modernization
Visakhapatnam Fishing Harbour
Impact: Medium (fisheries, cold storage)