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Steps to promote tier-II IT centres

Special Correspondent

HYDERABAD: The blueprint prepared by the Government to promote tier-II Information Technology locations envisages investment by IT majors like HSBC, Satyam, WIPRO and TCS to a tune of Rs. 200 crores in Visakhapatnam.

K. Ratna Prabha, Secretary, IT and Communications, has said in a press release that 14 ICT companies have been allotted 59 acres at Madhurawada in Visakhapatnam. Their exports are estimated at Rs.700 crores by 2009.

The Government has identified 1.2 acres in Waltair ward of Visakhapatnam to construct an incubation centre and IT towers for providing space to new companies and first generation IT entrepreneurs.

With regard to facilities at other tier-II locations, the Government has provisionally allotted ten acres to M/s. IBSS Techno Park Private Limited at Warangal. As much as 140 acres near Tirupati airport is being alienated for allotment to ICT companies for construction of independent facilities.

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