Rushikonda is a tourism location in Visakhapatnam. It has a beautiful beach that attracts a number of tourists. Along with tourism, Rushikonda also attracts IT professionals as it has an IT park.
In January 2016, Software Technology Parks of India (STPI) has agreed to set up an incubation centre at Rushikonda. It was learnt that the STPI Director General Omkar Rao has agreed to the proposal on the request of Visakhapatnam MP K Habribabu. The incubation centre for start-ups at Rushikonda belonging to APIIC will be acquired by STPI. The MP asked the APIIC to allot the land to STPI.