Saturday, June 03, 2006

IT Park space at a premium now Infosys, Wipro, TCS, IBM, NRls, Hardware Dealers Interested

IT Park space at a premium now Infosys, Wipro, TCS, IBM, NRls, Hardware Dealers Interested
Source: HDMC Website

The office of the Karnataka State Electronics Development Corporation here has been flooded with inquiries about availability of space in the Hubli IT Park, in the wake of the hugely successful IT Investors' Meet held here last month.

A number of participants at the meet visited the IT Park, which is managed by Keonics on behalf of the Software Technology Parks of India, to get a feel of the facilities available there in order to factor it among their future expansion plans.

Keonics assistant manager H Devanand said that senior representatives of Infosys Technologies, IBM and at least three NRIs have evinced interest in the park. It has 2.7lakh sqft of ready-for-occupation space, which is most suitable for start-upventures and BPO facilities.

He said some local dealers in computer hardware have also approached him to explore the possibility of opening their showrooms on the ground floor at the front which is still available in the Park, convinced that the elite address would help them promote their business prospects.

The incentives announced by the state government to hardsell the park at a discount has also prompted potential investors to look for space in the IT Park. Neilsoft of Pune has already set up their unit in the Park and Mphasis Technologies is also keen on setting up base there.

Seniors of Tata Consultancy Services, Wipro and Infosys, and others including 24/7 and Sankalp Semiconductors, who are keen on land to set up their campuses, have already visited KIADB sites at Rayapur and Mammigatti and Kelgeri. HDMC has identified 45 acres at Amargol, between Hubli and Dharwad.

The mood in business administration circles is upbeat. They are convinced that it is now only a matter of time before Hubli comes up on the IT map of the country. They are particularly encouraged by Nasscom president Kiran Karnik's remark that industry will have to go where the talent pool is.

Unkal 2 feet short of full level

Unkal 2 feet short of full level – HDMC Closely monitoring the situation

Source: HDMC Website

Rising water level at Unkal Tank in Hubli has become a cause of concern for Hubli-Dharwad Municipal Corporation, with hardly two feet of water required for the tank to overflow.

Water level had been rising steadily due to rain in the last two or three days in its catchment areas. Water has already touched the protection wall and it could overflow anytime if the city continues to receive heavy rain in the next two to three days.

Unkal Tank, situated on Hubli-Dharwad Road was built by Sir M Visvesvaraya in 1903. The tank is around 70 feet deep and is spread over a large area.

The tank was built in such a way it had natural outlet through nalas. Recently, those nalas were cleaned by the corporation for free flow of water. Hence, there were no reports of flooding of low-lying areas around the tank.

HDMC Commissioner P Manivannan told Deccan Herald that an officer was regularly monitoring water level and as soon as it crosses danger level, people living in low-lying areas would be evacuated.

He warned people living in low-lying areas to move' to safer places. If needed, those people would be temporarily put up in a choultry and the corporation would take care of their food and other requirements.

Rescue boats

As a precautionary measure, the commissioner said, two rescue boats would be procured from Karwar and stationed at Unkal Tank. They would be used if the situation wanted the shifting of affected families.

Jolly boat riding, swimming and washing of clothes would be banned for some days till

In this background, the road sweeping machine would go a long way in keeping roads in better condition. He also advised the authorities to buy it under the Karnataka Nirmal Project as the state government would give financial grant for it

HDMC ready to provide land for IT

HDMC ready to provide land for IT
Source: HDMC Website

Hubli-Dharwad Municipal Corporation has decided to provide 44.27 acre of land at Amargol between Hubli and Dharwad to Information Technology (IT) companies for setting up their units with certain conditions. A decision to this effect was adopted at the special general body meeting convened to discuss important issues pertaining to development of the twin cities.

Three IT investors have shown interest to set up their branches in the twin cities and therefore have submitted a formal request to the HDMC seeking land and other infrastructure facilities. However, HDMC Commissioner P Manivannan did not disclose names of the companies which want to come here.

Moving away from the subject, former mayor Prakash Kyarkatti (Congress) said that it was a good sign that IT firms had started of thinking to extend their base to the twin cities. This would not only boost the economy of Hubli-Dharwad, but also play a crucial role in setting right regional imbalances. Most of the councillors, including former mayors Dr Pandurang Patil, Firdos Konnur and Anilkumar Patil who spoke on the issue supported Mr Kyarkatti's views.

The members, who gave a red carpet welcome to IT investors, also expressed their concern about local people who would lose their land to IT companies. They categorically told the meeting that HDMC should put certain conditions to protect interests of local residents and farmers.

Expressing his reservations about IT firms' intention to start their production here, Tippanna Majjagi from the JD (U), said that some fake IT firms, which had acquired government lands around Bangalore at cheaper rates, were converting those lands into residential layouts. HDMC should take care to avoid such misuse of land.

Hubli IT park space in demand

Hubli IT park space in demand
Business Standard
Our Correspondent / Chennai/ Hubli June 02, 2006

The IT Investors’ meet in Hubli on May 20 seems to have made an impact on the investors. Several investors have started enquiring about the facilities available in the Hubli IT Park.

The Karnataka State Electronics Development Corporation office in the IT Park at Tirakaramanakere in Hubli is flooded with inquiries.

Chief minister H D Kumaraswamy had announced a special package for the IT Park. This had prompted potential investors to look at the IT Park. Pune-based Neilsoft has already occupied 10,000 square feet of space for its unit and MphasiS Technologies has also evinced interest in setting up its unit in the park.

The IT Park is managed by Keonics on behalf of the Software Technology Park of India (STPI).

Convinced that the elite address will help improve their business prospects, some local dealers in computer hardware have also approached the KSEDC office to explore the possibilities of opening their showrooms on the ground floor which remains unoccupied.

KSEDC sources said Infosys Technologies, IBM and some NRIs have evinced interest in the park, which has 2.7 lakh sq ft of ready-to be occupied.

Representatives of TCS, Infosys, Wipro, Sankalp Semiconductors and 24x7 among others have already visited KIADB sites at Rayapur, Mummigatti and Kelgeri. The Hubli-Dharwad Municipal Corporation has identified 47 acres near Amargol between Dharwad and Hubli.

Construction of two – lane road approved by HDMC

Construction of two – lane road approved by HDMC
Source: HDMC Website

Hubli-Dharwad Municipal Corporation on Tuesday approved the construction of a two-lane road from Mantur to Bidnal at an estimated cost of Rs 3 crore. The road will help prevent entry of iron ore trucks, which have been creating traffic chaos and damaging roads, into Hubli City.

Three IT investors have shown interest to set up their branches in the twin cities and therefore have submitted a formal request to the HDMC seeking land and other infrastructure facilities. However, HDMC Commissioner P Manivannan did not disclose names of the companies which want to come here.

The 7.5 kilometres road will be built on 'turnkey' basis with equal contribution of Rs 1 crore each from the State government, Karnataka Lorry Owners' Association and road contractors. The HDMC has also decided to hand over construction work to a private company on Build-Own-Operate-and-Transfer (BOOT) basis, if the Lorry Owners' Association goes back on its promise to share the cost.

Expressing reservation about the lorry owners contributing their share of Rs 1 crore for the project, Altar Hallur said they had failed to keep a similar promise made to the Koppal district administration.