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Blue Cloud Softech inks MoU with APEDB

Under the MoU, the company has committed to launching its flagship initiative, ‘BluBio,’ in the prominent cities of Amaravathi or Vishakhapatnam

Blue Cloud Softech Solutions has entered into a Memorandum of Understanding (MoU) with the Andhra Pradesh Economic Development Board (APEDB), Government of Andhra Pradesh, to invest around Rs 400 crore in the state’s healthcare sector. Under the MoU, the company has committed to launching its flagship initiative, ‘BluBio,’ in the prominent cities of Amaravathi or Vishakhapatnam. This project will be developed across a sprawling 30-acre site, reflecting the company's substantial dedication to the region’s growth and technological advancement. 

By 2027, the company aims to create 1,200 direct employment opportunities through BluBio, providing high-quality jobs in areas such as research, development, operations, and administration. In addition to these direct jobs, the project is expected to catalyze the creation of around 20,000 indirect positions. These indirect roles will emerge in secondary and tertiary sectors, including supply chain management, logistics, service providers, and various ancillary units that support the main operations. This multiplier effect is anticipated to significantly boost the local economy and foster community development by engaging a broad network of stakeholders.

The investment is strategically designed to drive innovation across key industries- healthcare, defense, finance, and cybersecurity. The company’s advanced AI-driven solutions will be leveraged to introduce cutting-edge technologies and streamlined processes within these sectors, enhancing productivity, efficiency, and security. The establishment of BluBio is expected to serve as a model for scalable AI integration, positioning Andhra Pradesh as a hub for technology-led growth and setting new benchmarks in industry standards. The MoU is set to remain in effect for a period of 12 months from the date of signing. 

Blue Cloud Softech Solutions is carrying on the business of designing, developing, computer software and marketing in India or abroad and providing data processing services of all kinds including computer consultancy, systems analysis, and programming and computer maintenance in India or abroad.