Monday, May 29, 2006

‘Pamper IT companies’

‘Pamper IT companies’
VIJAY TIMES NEWS

Hubli : Responding positively to the commitment made by the State govern ment to place ‘ Destination Hubli ’ on international IT map, Hubli Dharwad Municipal Corporation ( HDMC ) agreed to allot land at Navanagar for IT entrepreneurs to set up ventures in the twin cities.

After the success of IT Investors ’ Meet recently, all eyes were focussed on the district administration and municipal authorities expecting them to sustain the momentum of the meet.

As an initiative, HDMC commissioner P Manivannan proposed to allot 45 acres of land at Amargol block num ber 89 . In an area of 91 acres, the corporation already gave 4 6 acres of land to government offices and several social as well as cultural organisa tions. The remaining land could be provided to ITcompanies, he suggested.

A note sent by Manivannan to get the approval from the HDMC council, which would be convened on May 30 , stated that on CM H D Kumaraswamy ’ s call to facilitate IT companies to invest in Hubli Dharwad and make it an IT destination, the corporation took the step. Keeping an eye on the overall development of the twin cities, corporation planned to allot 45 acres of land to IT companies. The land would be availed once it got the clearance from the council, he added.

Speaking to Vijay Times, KCC IIT su bcommit tee chairman Santosh Huralikoppi said that ITInvestors ’ Meet got the ball rolling and hence could attract investments from ITgiants such as TCS, Infosys, Wipro and also from other small players.

The re quirements of first ten players ( large, medium and small ) should be met and su bstantial incentives of land and power should be provided at the earliest. This would have a positive impact on other compa nies and ultimately lead to investment, he said.

Santosh noted that based on the interactions he had with the companies during the Investors ’ Meet, land should be provided at 1 lakh per acre and other benefits of STP I scheme stood the same. In a single stretch 2000 acres of land should be identified instead of a mere 200-300 acres keeping a long term view. Because once the flow began, the government should not set out seeking additional lands at that juncture, he cautioned.

Santosh reiterates that the land should be made avail able with necessary infra structure such as power, road access and other basic amenities. The upgradation of the airport with con nections to Mum bai and Bangalore should be met soon, he o bserved.

Santosh noted that based on the interact ions he had with the compan ies during the I nvestors’ Meet, land sho ul dbeprov ided at Rs1 lakh per acre. In a single stretch 2000 acres of land should be identified instead of a mere 200-300 acres, keeping along-term view. B ecause once the flow began, the government should not set out seek ing additional lands at that juncture.