IT Techno Campus to come up at Cyberabad

By Our Special Correspondent

HYDERABAD, JAN. 9. A new IT Techno Campus to accommodate small and medium IT companies will come up at Manikonda in the IT hub known as Cyberabad on the city outskirts.

The campus will be developed in three phases and in the first phase, about 40 to 50 member companies of the Hyderabad Software Exporters Association (HYSEA) will be allotted slots in the 100- acre technology park.

A memorandum of understanding between the Government of Andhra Pradesh and the HYSEA will be signed on Wednesday, as part of the CII Partnership Summit for setting up the techno campus.

The HYSEA promises to bring an investment of the order of Rs. 1,000 crores (towards capital investment) and generate an export turnover of Rs. 2,000 crores during a period of three to five years. It would also generate about 16,000 jobs.

At a joint press conference on Tuesday, the IT Secretary, Mr.J. Satyanarayana, and the HYSEA president, Mr.J.A. Chowdary, said the first phase of the technology park would be ready within six months.

Mr. Satyanarayana said the MOU with HYSEA was being signed as part of the Governmental efforts to promote technology parks at different places to accommodate small and medium enterprises.

There are about 1100-odd software-exporting companies in and around Hyderabad of which the HYSEA claims a membership of about 140 firms. The HYSEA president explained that only half of these companies were doing well and the HYSEA was trying to enlist as many as possible into its fold.

Mr. Satyanarayana said the allotment of plots would be done by the Consultative Committee of the IT Industry (CCITI). The idea of developing technology parks was to avoid concrete jungles and provide an investment-friendly atmosphere for IT which was growing at a phenomenal rate of 100 per annum.

The IT Secretary said the concerns of the IT industry were being addressed during the frequent meetings of the CCITI. IT exports from the State were likely to cross the Rs. 2,000-crore mark and reach up to Rs 2200 crores during the current financial year.

Bandwidth availability was the major problem. The targeted 185 Megabits per second (MBPS) would be achieved by March 31. Already 28 MBPS was released by December 28, he said.

Mr. Chowdary said the IT campus would be beneficial to the small units that could not afford the land cost at Hitec City, which escalated to Rs. 1.5 crores per acre.

Admitting that the land prices had gone up steeply, he said the Government was providing a subsidy of Rs 20,000 in the land cost for each job created by the IT company for allotment of land in Madhapur.

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