Mega projects to come up in Vizag
HYDERABAD: Andhra Pradesh chief minister N Chandrababu Naidu has in principle agreed to Wipro setting up a SEZ facility, allotment of 10 acres of land to Tech Mahindra and 13 acres to public sector company SAMEER (Society for Applied Microwave Electronics Engineering and Research) in Visakhapatnam.
Speaking to reporters after a review meeting with Naidu on IT promotion initiatives at secretariat here, IT minister Palle Raghunath Reddy, IT advisor to government J Satyanarayana and ITE&C secretary Sanjay Jaju said the proposed SEZ of Wipro would create 7,500 jobs and Tech Mahindra's new initiative would generate 5,000 jobs.
He said the chief minister had asked his department to constitute a special committee to resolve issues of Visakhapatnam-based IT companies. The committee would be visiting Visakhapatnam on July 16.
Satyanarayana said that in an effort to create infrastructure and support system for the development of IT and electronics sector, the government has decided to formulate an 'empowered mission' on IT&E with an annual budget of Rs 500 crore.
He said the government plans to spend about Rs 2500 crore in next five years on these missions. 'An e-governance and governance and capacity mission will be created as part of the empowered mission,' he said.
The government was planning to create an 'innovation fund' to encourage young innovative entrepreneurs, he said. 'Focus will be on future technologies,' he said and added that the draft of the new IT policy was ready and would be placed in the next cabinet meeting.
The chief minister had directed the officials to send proposals for setting up an ITIR in Visakhapatnam to the Centre in two weeks, he said. The government would be developing mega IT hubs in Vizag at a cost of Rs 1500 crore through PPP. Similar hubs would be created in Vijayawada, Kakinada, Tirupati and Anantapur, the minister said.
He said that a single-window system would be created to facilitate investors. 'All the proposals will be cleared in four weeks,' he said. Sanjay Jaju said the present share of AP in the national exports of software is just .3% which would be enhanced to 5% in next five years.
He said that the government was looking for $2 billion investment in IT sector and $5 billion in electronic manufacturing sector in next five years.
News Posted: 10 July, 2014
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