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Mysore emerging second IT hub

24 IT companies to invest Rs 1,000 crore, create 20,000 jobs

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Gouri Satya Mysore
Last Updated : Feb 15 2013 | 4:55 AM IST
Year 2006 will place Mysore as a major B-2 IT city with 24 companies investing over Rs 1,000 crore creating around 20,000 jobs and taking exports from the present over Rs 400 crore to Rs 1,000 crore by March 2007.
 
To boot, it will have a `Mysore electronic city' to be set up by Bangalore's State undertaking KEONICS for small and medium electronic industries on a 500-acre land being acquired by the KIADB.
 
Infosys, the major among the 24 IT companies to set up shop in Mysore, is setting up its own 70-acre SEZ in its 300-acre campus, where it will establish a Rs 400 crore development centre. It has already set up a Rs 500 crore global learning centre in the campus.
 
The Infosys' specific production centre, to be made operational before March, targets Rs 1,900 crore exports in one year with a job potential of 10,000, half of the 20,000 new jobs to be created in the coming few months in Mysore.
 
Other prominent software and BPO companies, whose Mysore proposals have been approved by the Karnataka government, comprise Concepra Fibre Optics (Rs 25 crore), L&T software and hardware (Rs 92 crore on 33 acres), Velankani Information Systems (on 50 acres), GT Tata Tech (Rs 68 crore), Global Business Solutions (Rs 38 crore), Kuruvenkara Software Development Centre (Rs 581 crore), and RGS Software.
 
Apart from these, Wipro, which had sought 150 acres has now asked for 200 acres and the same has been cleared by the high level committee.
 
The spare land left after allotting to Wipro will be made available to other investors, state information & technology secretary Shankaralinge Gowda said in Mysore on Thursday.
 
BPO companies coming to Mysore include Specialised Process Innovations (Rs 15 crore) and VSJ Infrastructre Centre. Jubiliant Organics is setting up a biotech R&D centre.
 
"As Mysore has good bio-tech base, we are also promoting R&D here," he told reporters.
 
Speaking after inaugurating a two-day international conference on cognition and recognition, organised by Mandya PES College of Engineering, Gowda said, "Mysore would be the next growth centre. No one expected that there could be such a huge growth. During the last six months, a hardsell was done. Some groups were sent to Mysore to look for its potential. As a result, the next city which can be compared to Bangalore would be Mysore."
 
"Manpower is the key availability in Mysore. Good skill sets are available, so also good living condition. Mysore has standard primary and secondary schools. Therefore, it was not difficult to sell Mysore as a good destination. Today, as a result, more than 50 per cent proposals that come before the single window for clearance are for Mysore."
 
Besides IT units, a fab park is proposed at Tandya, near Nanjangud, which is closer to Mysore, as soft water and manpower are easily available, he added.
 
About threat to Bangalore from other cities, the IT Secretary said Karnataka's software and hardware export was Rs 30,000 crore, while that of Hyderabad was Rs 8,000 crore. But, Chennai was growing at a faster pace, he said.

 
 

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First Published: Dec 23 2005 | 12:00 AM IST

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