The proposed ITIR is expected to have a lot of linkages with the existing IT/ITeS/EHM base in the state.
Hyderabad:
The Centre has issued notification for the much-awaited ITIR project
and the state government has released Rs 90 crore to fast track the
project, which is set to increase the city's infrastructure and
investment profile.
The project is
expected to attract a total investment of about Rs 2,19,440 crore of
which the IT/ITeS sector is expected to attract Rs 1,18,355 crore and
the electronic hardware manufacturing sector Rs 1,01,085 crore.
“The
notification for ITIR Hyderabad has been issued and now it’s for the
state government to take it forward,” said a senior official from the
ministry of communication and information technology, New Delhi.
The
Telangana state government, meanwhile, has a consultant appointed by
the HMDA in place to work out detailed plans for the ITIR project.
Around 41,000 acres of land is available in the vicinity of Hyderabad in
three clusters for the project. The project requires nearly 50,000
acres of land.
The proposed ITIR is
expected to have a lot of linkages with the existing IT/ITeS/EHM base in
the state. Major players in the IT/ITeS sector, such as Google,
Microsoft, Oracle, IBM, Infosys, Wipro, Honeywell, Cognizant, TCS, HSBC,
Dell, Amazon, Bank of America, Motorola, No-kia Siemens Network,
Qual-comm, etc. and EHM companies like Solar Semi conductors,
MIC
Electronics, Lampex Electronics, Titan Energy Systems, Embedded IT
Solutions India Pvt Ltd, Photon Energy Systemsetc. have shown interest
to move to the Brownfield area of ITIR.
Out
of the proposed 202 sq. km area of ITIR, 41 per cent, i.e. 82.4 sq. km,
would be the processing area (IT office space). Of this, the Greenfield
area proposed for development through ITIR is 76.9 sq. km. The
Brownfield area of 5.5 sq. km comprises existing IT developments in
Madhapur, Gachibowli and Nanakramguda.
http://www.deccanchronicle.com/141126/nation-current-affairs/article/telangana-releases-rs-90-crore-infrastructure-project
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