M. L. Melly Maitreyi
Will be a hub of high-end knowledge, IT institutions, related infrastructure
State to convene meeting tomorrow with project developers, consultants
HYDERABAD: In addition to the highest number of Special Economic Zones for Information Technology companies sanctioned in the last two years, the State will soon have a special IT Investment Region (ITIR).
A Government of India initiative notified last week, the ITIR will come up in a 40 sq.km area as a hub of high-end knowledge, IT institutions and related infrastructure as an integrated township.The State Information Technology and Communications Department is convening a meeting on Friday with project developers and consultants, as a prelude to preparing a draft proposal for ITIR, Principal Secretary S. K. Joshi told The Hindu on Thursday.
The ITIR with Central funding could be a green field project or would encompass the existing SEZs in Madhapur and Gachibowli with facilities like mass rail transport within the existing master plan for good connectivity. The shortcomings in the existing SEZs will be analysed and kept in view while preparing the draft for the special investment region. The State has a possibility of getting two to three ITIRs, said Mr.Joshi.
Things are looking up the for 45 IT SEZs too located in Visakhapatnam, Vijayawada, Kakinada, Tirupati besides Hyderabad. Bogged down by legal and procedural delays these SEZs sanctioned two years ago could not take off as expected and only 10 SEZs with 18 IT units became functional so far, Mr. Joshi said.
“We could resolve issues with Kokapet SEZ and got the quarry crushers encroaching part of land vacated with help from Mines, revenue departments, HUDA and APIIC. Big names like Google, Amazon and others will set up units there,” he said.
Given the present pace of construction activity, half of 45 SEZs would become fully functional in another year, he added.