Hyderabad Information Technology Investment Region

[sandeeprai99]

Originally Posted by kailash9999

I Think this was taken from one of the buildings of Raheja Mindspace.

Hi kailash....
I think we need to have more snaps of pochram (infosys and raheja)..
heard lots of thinks happening that end...

[kailash9999]

Originally Posted by sandeeprai99

Hi kailash....
I think we need to have more snaps of pochram (infosys and raheja)..
heard lots of thinks happening that end...

Yeah bro I was planning of going there since long, will make sure I pay a visit soon enough to get some pics for you guys.

[kdlara007]

Originally Posted by sandeeprai99

Hi kailash....
I think we need to have more snaps of pochram (infosys and raheja)..
heard lots of thinks happening that end...

Ya, the construction is going on full swing in Pocharam- Mindspace East, Infosys and shamshabad SEZ - Mindspace south and also Adibatla-TCS SEZ.
Any U/C pictures of these sites would be appreciated.

[sandeeprai99]

Originally Posted by kailash9999

Yeah bro I was planning of going there since long, will make sure I pay a visit soon enough to get some pics for you guys.

Thanks a ton....

[Gudavalli]

IT Investment region will be a major draw, boost exports: AP CM

HYDERABAD, NOV. 11:
Andhra Pradesh Chief Minister N. Kiran Kumar Reddy has said that the IT Investment Region planned over 50,000 acres in the State will serve as a major attraction for investors.

He said that the State Government is in the process of notifying 50,000 acres for this mega project approved by the Central Government. As the project takes shape, the State IT exports now at about Rs 50,000 crore are projected to touch a whopping Rs 2,50,000 crore over the next 5-10 years.

Speaking at a meeting of Andhra Pradesh Real Estate Developers Association, he said the exclusive zone, the State’s and Hyderabad’s inherent plus points will attract huge investments.

The Rs 6,800-crore outer ring road of 158 km around the twin cities is unique in the country. It has potential to help develop the city along these roads.

Coupled with this, he said the development of the country’s biggest metro rail project will change the way people live in the city.

He felt that the ITIR and the potential to develop real estate around the outer ring road projects will have a major impact on the growth of the city over the next few years. Already, Hyderabad is an attractive investment destination and the development of the infrastructure will provide the necessary boost to developers.

Referring to Government efforts to strengthen the infrastructure, he said the implementation of the Krishna Phase III drinking water project, which seeks to bring about 5.5 TMC of water to the city, will be expedited.

"The Chief Minister said the city requires about 1 TMC per month and we have made arrangements for about 15 TMC for 12 months. Efforts are on to bring water from Godavari river too," he said.

[rizwan3]

http://www.business-standard.com/ind...obs-/195988/on

ITIR in Hyderabad to create 1.5 mn jobs
The ITIR in Hyderabad, planned with an investment of Rs 2,300 cr, will have external infrastructure with over 50,000 acre of IT and ITeS area
K Rajani Kanth / Hyderabad Nov 15, 2012, 17:29 IST

The IT Investment Region (ITIR) proposed to be developed in Hyderabad in two phases over a period of 25 years, will be creating an employment potential of 1.5 million, according to state information and communication technology (ICT) minister Ponnala Lakshmaiah.

The ITIR in Hyderabad, planned with an investment of Rs 2,300 crore, will have external infrastructure with over 50,000 acre of IT and ITeS area.

“In a down economy, corporations are looking forward to cutting down on the costs and that is where India, specifically Andhra Pradesh and Hyderabad, is taking an advantage by offering arbitrage benefits,” he said at the e-India summit 2012 in Hyderabad on Thursday.

The state firmly believes that investing in IT is not a luxury but a need. IT is a differentiator, Lakshmaiah said, adding that corporations would and should continue to invest in IT regardless the economic position, failing which they would be deemed to fall behind in competition.

Andhra Pradesh, which is home to 1,206 IT companies employing about 300,000 IT professional directly, accounts for about 11% of the total employment in the Software Technology Parks of India (STPI) and the special economic zones (SEZs) in the county. On the talent front, the state produces over 250,000 engineers annually, by far the largest in the country.

Stating that the office space in Hyderabad is expected to reach 20 million sft this year, an increase of 15% over last year, and representing about 12% of the country’s demand, Lakshmaiah said Hyderabad ranked third globally in terms of cost of operations after Qinding in China and Subaya in Malaysia.

“There is no secret why over 18 million sft has been leased by various IT companies that are operating in Hyderabad. In 2011-12, 6 million sft of built-up office space has been occupied, as against 5 million sft during the previous year. And, 70% of the space is from expansions,” he said.

Plans Media City

According to the minister, the state is in the process of developing a Media City to promote animation and gaming sectors in the state. Around 30 acre has already been allocated for the same at Raidurg on the outskirts of Hyderabad.

“The IT department officials have been directed to conduct a workshop with major animation and gaming players in the country to take their feedback and make sure that the park is in line with the Manchester and Dubai media cities,” he said.

On the National Optical Fibre Network for broadband connectivity to panchayats by 2013, Lakshmaiah said the project was estimated to cost more than Rs 2,000 crore for Andhra Pradesh alone. “The country’s first pilot has recently been completed at Paravada block in Visakhapatnam,”

[Gudavalli]

An Information Technology Investment Region (ITIR) would be developed with the establishment of IT units over an area of 202 sq. km in and around Hyderabad (Urban) and Ranga Reddy districts, the Governor said.

Source

[sandeeprai99]

Meanwhile, the Union minister of state for communications and IT Kruparani Killi said that Rangareddy district will get its 202-sq km Investment Technology Investment Region (ITIR) over the next three months.
“It will bring in investment worth Rs 2.2 lakh crore in 12 years and create an additional direct employment of 15 lakh and around 55 lakh indirect jobs,” she added.

[Gudavalli]

Centre’s nod for ITIR in Hyderabad soon: Kruparani

Union Minister of State for Communication and Information Technology Killi Kruparani on Monday said the long-awaited proposal to develop IT Investment Region (ITIR) in Hyderabad would be cleared by the Union Government ‘very soon.’

Announcing this at a daylong workshop on ‘Growth of IT in Visakhapatnam region’ organised by Software Technology Parks of India, she said apart from Hyderabad the Centre was also contemplating setting up ITIR in Visakhapatnam recognising its strategic location and potential to grow as a big destination for IT investments.

ITIR project at Hyderabad, which is hanging fire for several years, envisaged creating world-class infrastructure around Madhapur, Uppal and Shamshabad in an area of 50,000 acres. Special incentives would be offered to those investing in ITIR.

The Minister said the Centre would set up 10 more software technology parks and as many as 210 electronic manufacturing clusters – of which two would be located in Hyderabad, one each at Visakhapatnam and Srikakulam. Stating that there was not much progress in investment in electronics, she said the government would offer 50 per cent subsidy to those investing in the clusters. Ms. Kruparani said UPA-II Government was keen on achieving robust e-governance and was setting up a data centre in each State capital, including Hyderabad.

[kdlara007]

I know it is old news, Neverthless, It has got some important information.
Press release (old) of details regarding ITIR, Hyderabad

Dt: 08-09-2012
Press Release
IT&C DEPARTMENT
INFORMATION TECHNOLOGY INVESTMENT REGION (ITIR):

• The Policy Resolution of GoI, vide Gazette Notification No.188, dt:29.05.2008 ITIR the envisaged development of self contained integrated knowledge Cluster dedicated to establishment and growth of IT, ITES, EHM units.
• Prescribed Minimum area for ITIR is 40 sq.kms ( 40% processing and 60% Non processing )
• ITIR shall be a combination of production units, public utilities, logistic, environmental protection mechanism, residential areas and administrative services.
• ITIRs Includes Special Economic Zones (SEZs), Industrial Parks, Free Trade Zones, warehousing zones, Export Oriented Units, growth centres, existing settlements/ industries and estates/services.
• The ITIR is required to be developed in two phases over a period of 25 years.
• Government of Andhra Pradesh submitted a proposal on 08.10.2010 to DEIT, Govt of India for establishing ITIR in an area of 202 sq.kms (50,000 acres), comprising certain areas such as Cyberabad Development Authority (CDA), including Gachibowli and Madhapur; Hyderabad Airport Development Authority (HADA) including Mamidipalli, Raviryal, Adibatla and Maheswaram; Uppal and Pocharam.

• Benefits of ITIR for Andhra Pradesh:
• Direct Revenues – Rs.310,849 crores
• IT Investment potential – Rs.219,440 crores
• IT Exports – Rs.235,000 crores
• Direct employment – nearly 15 lakhs
• Indirect employment – nearly 53 lakhs
• Increase in tax revenue to State – Rs.30,170 crores

• Funding of external infrastructure and internal infrastructure in the form of provision of roads, water supply, electricity transmission and generation, sewerage and solid waste management, etc.

• External infrastructure to be met through the financial allocations from Govt of India under VGF Scheme, internal infrastructure cost o be met by the State Government Internal Infrastructure:

• The total cost of internal infrastructure development is estimate to be Rs. 13,093 crores, spread over a period of 25 years, when the ITIR project is fully developed. This is proposed to be met from the combination of the following sources:

• Annual budgetary allocations of the respective Departments and through their existing planned schemes.

• External Infrastructure: The total cost of external infrastructure development is likely to be Rs. 2,189 crores.

The ITIR Proposal was sent to Govt of India, Ministry of Communications & Information Technology for their approval on 09.03.2010. Subsequently, the concerned Ministries of Govt of India such as Ministry of Information Technology, Commerce, Industries, Railways, Finance, Environment, etc have made certain observations on the proposal of AP ITIR which were clarified by the Govt of AP.

A presentation on the salient features of AP ITIR Proposal alongiwth justification on the observations/clarifications sought by the Member Depts of High Powered Committee of GoI, was made by the IT&C Dept on 31.05.2012 and 03.08.2012.

The High Powered Committee headed by Cabinet Secretary in its meeting on 03.08.2012 has recommended in Principal approval to the Andhra Pradesh ITIR Project.

The project likely to position Hyderabad as a premier IT Investment destination globally.

Highlights of ITIR
Three clusters in One ITIR - CDA, HADA(including Maheshwaram) and Uppal Pocharam -Connected by the Growth Corridors along the Outer Ring Road
Growth Projections
IT/ITES Sector Growth from Rs.54,000 Crores to Rs..... by 2035
EHM- Electronic Hardware Manufacturing growth from Current level of Rs.6000 Crores to Rs.80,000
Employment
IT/ITES Sector growth from 3 Lakhs employees to 17Lakhs employees (additional 14 Lakhs employment).
EHM- Electronic Hardware Manufacturing employee growth from 40,000 to 1.5 Lakhs ( additional employment of 1.1Lakhs )
Builtup space from present 40 million sft to 130 million sft ( additional 90 million sft)

To enable the optimal develpment of ITIR state should have the following supportive Physical infrastructure over a period of 25 years.
• Power Requirement 3348MW
• Water Requirement 452 Mld water
• Sewerage 359 Mld

Future activities
• Detail Project Report including Master Plan will be prepared and submitted to Govt of India
• State would create a Nodal wing withing the IT&C Department and implementing agency through SPV by AP Industrial Infrastructure Corporation Ltd (APIIC).

Creation of Management Board: steps will be initiated to notify a separate Hyderabad ITIR Development Authority.
Identify Developers/Co-Developers for the development of processing area within the ITIR

As a part of ITIR development State Govt contemplates to set up an exclusive Electronic Hardware Manufacturing Cluster near International Airport in the proposed ITIR area.