INFORMATION TECHINOLOGY INVESTMENT REGION (ITIR) NEAR BANGALORE INTERNATIONAL AIRPORT
ITIR – A Government of India and State Government joint initiative to attract investments in IT / ITES / EHM Sectors
An integrated IT Township with world-class facilities, residential / social / educational / health infrastructure
Projected Employment: Direct –255,000; Indirect– 857,000
Total Investments by 2030 – US $ 20 Billion
M/s. Deloitte Touche appointed as Consultants.
Government of Karnataka proposes to attract major investment in the Information Technology/Information Technology Enabled Services/Electronic Hardware Manufacturing space. The State Government proposes to set up Information Technology Investment Regions (ITIRs), which would be endowed with excellent infrastructure and investor-friendly environment. The Government is considering setting up the first ITIR in the vicinity of Bangalore International Airport.
The proposed ITIR would be specifically delineated investment region with a minimum area of around 40 Sq.kms. (about 10,000 acres of land),which may include Special Economic Zones, Industrial Parks, Export oriented units, Free trade and Warehousing zones. The ITIR would be a combination of production units, public utilities, logistics, environmental protection mechanisms, residential areas and administrative services, with excellent infrastructure. The internal infrastructure of the ITIR would be internally built and managed by a Developer or a group of Co-developers. The external linkages will be provided by the Government of India and State Government.
Companies engaged in IT/ITeS/Electronic Hardware Manufacturing are invited to set up units in the ITIR. In this context, the State Government would like to know about the land/space requirements of the IT companies in the ITIR.
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