Wednesday, January 11, 2006

Government allots land to 11 IT companies

Six firms may create job opportunities for 21,000 in HydOur Regional Bureau / Hyderabad January 11, 2006The Andhra Pradesh government has allotted 65 acres of land to six IT companies in the proposed software SEZ at Popalguda near Hyderabad.Apart from this, the government has allotted 10 acres of land to Zen Technologies Limited in the hardware park near the upcoming international airport. Similarly, the state government has given 13 acres of land to five companies in Visakhapatnam.Disclosing this here today, Ratna Prabha, secretary, IT & communications, said the MoUs with all these companies would be signed on the basis of their proposed investment and employment potential.The companies that have secured land to set up their own facilities in Hyderabad include Cbay Systems (India) Private Limited, Patni Computer Systems Private Limited, Cognizant Technology Solutions, Sonata Software Limited, DQ Entertainment Limited and Conexant.Patni Computers, which has promised to provide over 10,000 jobs with a proposed investment of Rs 160 crore at its Hyderabad facility, has got 30 acres while six companies have got land ranging between three acres and 11 acres.According to Ratna Prabha, the combined investment proposed by these six companies in Hyderabad is Rs 405 crore while the projected employment figure is about 21,000.The land allotted to companies in Vizag include IIC Systems Private Limited, IIC Technologies Limited, Metaminds Software Solutions Private Limited and Infotech Enterprises Limited. The combined investment proposed by these five companies is Rs 42.9 crore and the projected number of jobs is 1,300, the IT secretary said.

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