The Karnataka government plans to set up an electronics hardware parks in Kolar and Tumkur respectively.
Katta Subramanya Naidu, state minister for information technology and biotechnology has promised this to industry bodies led by the Manufacturers’ Association of Information Technology (MAIT), Confederation of Indian Industry (CII) and Kassia.
He said in addition to the land, the industry bodies had asked for incentives in the form of land on a lease of 30 years, instead of outright purchase, which would be an expensive proposition while setting up a manufacturing unit at the time of economic crisis, and a five-year tax holiday.
For setting up the hardware park in Kolar and Tumkur, the government has land at its disposal. In Kolar Gold Fields (KGF), it plans to utilise the land owned by Bharat Gold Mines Limited, which was closed a few years ago. “In Tumkur, the government has land at many places, we will take a call once we get the applications from IT companies,” Naidu said.