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INFORMATION TECHNOLOGY, INFORMATION TECHNOLOGY ENABLED SERVICES & BIOTECHNOLOGY
With Bangalore being home to some of the most high tech industries in India, Karnataka
government has initiated the process of creating the third information technology (IT) hub in Bangalore city near its new airport at Devanahalli with an investment of Rs 1,00,000 crore. The city already has two technology parks located in south and southeast ‐ Electronic City, and International Tech Park Ltd. The new hub will come up in the northeast part of the city.
The proposed developments around Bangalore International Airport are elucidated in
the following sections.
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INFORMATION TECHNOLOGY INVESTMENT REGION (ITIR)
The proposed ITIR would be specifically delineated investment region with a minimum area of around 40 Sq.kms. (about 10,000 acres of land),which may include Special Economic Zones, Industrial Parks, Export oriented units, Free trade and Warehousing zones. The ITIR would be a combination of production units, public utilities, logistics, environmental protection mechanisms, residential areas and administrative services, with excellent infrastructure. It is located at a distance of 15 km from Bangalore International Airport. It would be situated at the Nandi foothills near Muddenahalli, Kanivenarayanapura, and Chikballapur. The project has received final central and state cabinet approval on January 28th, 2010 and is under development.
The ITIR is one of the largest infrastructure projects in Karnataka's history. Total cost is expected to be one lakh crore rupees ($22 Billion). The initiative will provide direct employment to 1.2 million people and indirect employment to 2.8 million. Development would involve a Centre‐State partnership in conjunction with private partners. The region would be developed as an integrated township through public private partnership. The township will have residential areas, schools and other public utilities, and will include environmental protection mechanisms.
Basic infrastructure such as road, rail and telecommunication links would be provided by the Centre. The State governments would provide physical infrastructure and utilities, including power, water, sewerage and effluent treatment facilities. The Karnataka State Electronics Development Corporation (KEONICS) has recently issued Expression of Interest (EOI) for developing the region. 55 multinational IT companies including Infosys,
Wipro, TCS, and Cognizant have signaled an interest in joining.
POLICY FOR INFORMATION TECHNOLOGY INVESTMENT REGIONS (ITIR)
The ITIR scheme was notified by the Union Government in May 2008 to provide readymade and developed infrastructure to potential investors in the IT sector. The policy envisages that State governments would ensure the provision of physical infrastructure and utilities, including power, water, roads, transportation, sewerage and effluent treatment facilities within notified ITIRs. In lines with this policy, a separate
legislation would be enacted by the state government to govern the proposed ITIR area.
ITIRs were conceptualized keeping in view the need to boost the growth of both IT/ITES and Electronic Hardware Manufacturing (EHM) Units.
The regions would be a combination of IT/ITES and Electronics Hardware Manufacturing Units; Public uitilities, residential area, social infrastructure and administrative services. Such regions could include new integrated townships, SEZs, industrial parks etc. In the ITIR, there would be a clear delineation between the IT/ITES areas and Electronic Hardware Manufacturing areas. The ITIRs would generate direct and indirect employment during the construction and operational phases.
Each ITIR is expected to be a specifically notified investment region with minimum area of 40 sq.km planned for IT/ITES and EHM Units. The minimum processing area will be 40% of the total area of the ITIR. The ITIRs will be developed in a phased manner.
The State Government would ensure that all physical infrastructure and utilities within its jurisdiction (power, water, roads, transportation, sewerage and effluent treatment facilities) are provided. The Central Government will facilitate development of National Highways, Airport and Rail links to the ITIRs. The Public‐Private Partnership (PPP) route is advocated for the development of ITIRs. State Government would select the developers/co‐developers through a transparent process.
OTHER PROPOSED DEVELOPMENTS
Infosys have planned to invest Rs. 710 crore for 12,000 seat software developments centre over 40 acres in Devanahalli Industrial Area. Wipro have also planned to come up with IT/ITeS SEZ in Devanahalli taluk, employing 15,000 people, at an investment of Rs. 477 crore. The other investment proposals approved by the authority are as follows:
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