Business Daily from THE HINDU group of publications Saturday, Oct 28, 2006 ePaper |
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Info-Tech
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Infrastructure States - Karnataka Karnataka mulls Knowledge City near Bangalore Our Bureau
Bangalore , Oct. 27 The Karnataka Government proposes to set up a Knowledge City spread across 9,000 acres at Bidadi, between Bangalore and Mysore, said the Chief Minister, Mr H.D. Kumaraswamy on Friday. Speaking at the inaugural of the 9th edition of BangaloreIT.in 2006, Mr Kumaraswamy said that the Government would take all necessary steps to promote the IT sector in the State and see that the pre-eminence was maintained. About 250 companies are participating in the BangaloreIT.in this year.
Sector-specific
In a bid to decongest the growing pressure on Bangalore, the Karnataka Government is planning to set up five sector-specific cities around the city, of which one would be dedicated to the knowledge sector. The proposed cities would be integrated townships consisting of commercial and residential sectors and will obviate the need for travel to and from Bangalore, he said. The British High Commissioner to India, Mr Michael Arthur, said the Indo-UK relations have been growing from strength-to-strength every year and India has emerged as the second largest investor in the UK after the US in the first six months of this year. Till last year, India was the third largest investor in UK. Seeking the co-operation of Bangalore in developing the IT sector in West Bengal, the State's IT Minister, Mr Debesh Dash, said that his State was poised to make it big in IT in the next few years. West Bengal expects to create about 1.3 lakh jobs in IT over the next 2-3 years, he added. Further, Mr Dash suggested that the tax holidays under the STPI scheme for IT companies, which come to an end in 2009, should be extended along with the SEZ scheme. West Bengal is planning to start finishing schools for engineering students to increase their employability, he said.
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