Don’t miss the latest developments in business and finance.

Punjab identifies 2,000 acres for IT

Image
Vijay C Roy New Delhi/ Chandigarh
Last Updated : Jan 21 2013 | 2:33 AM IST

To attract IT investment in Punjab, Punjab Infotech, the nodal agency of the state government for the promotion of IT industry, has identified around 2,000 acres across the state.

At present the IT companies in the state are concentrated in Mohali (adjoining Chandigarh) only. Therefore Punjab Infotech has identified new land with an objective for overall development of the state and to position Punjab firmly in the mind of every IT investor as one of the most competitive investment destinations.

The government intends to set up IT parks / SEZ projects in Kapurthala (50 acres), Ropar (280 acres) near the proposed IIT, Rail Majra (12 acres), Sneta (50 acres) and also mixed use industrial park including IT and knowledge park at Rajpura spread over 1,276 acres.

Punjab Infotech MD R K Verma said, “ We have initiated land acquisition for the Rajpura IT and Knowledge park and expect that partial completion of Phase 1 development would be ready by April 2011.

Similarly we have initiated process to develop IT infrastructure at Kaputhala, Ropar, Railmajra and Sneta. We would be also meeting potential investors very soon.”

More From This Section

First Published: Apr 19 2010 | 12:59 AM IST

Next Story