AP to promote Information Technology Investment Region

ITIR to facilitate 15 lakh direct and 53 lakh indirect jobs

PTI | December 16, 2010



The Andhra Pradesh government is all set to promote an Information Technology Investment Region (ITIR) in an extent of 50,000 acres spread over 202 sq km around the state capital Hyderabad.

The ITIR will have an investment potential of Rs 2,19,440 crore over a period of 25 years and direct revenues of Rs 3,10,849 crore, according to state Minister for Information Technology and Communications Ponnala Lakshmaiah.

The ITIR, while creating 15 lakh jobs directly and 53 lakh jobs indirectly, would result in IT exports from the state to the tune of Rs 2.35 lakh crore and increase the tax revenue to the state by Rs 30,170 crore, the IT Minister said today in a letter to Union Communications and IT Minister Kapil Sibal.

"The ITIR will be set up covering agglomerations like Cyberabad, Mamidipalli, Maheshwaram, Uppal and Pocharam that are connected through the Hyderabad Growth Corridor. The state government has already submitted a detailed project report to the Centre. Clarifications to the observations made by Union Ministries of Urban Development, Environment and Forests, Commerce and Industry related to ITIR have also been submitted in October," Ponnala informed Sibal and requested the latter to personally intervene and accord approval for the ambitious project at the earliest.

The Minister said IT sector in Andhra Pradesh was making rapid strides with the share of exports touching 15 per cent.

 

Comments

 

Other News

Doctors, experts call for ban on junk food ads, mandate warning labels

More than 30 doctors, medical scientists and public health professionals have urged the government to take decisive action against the aggressive advertising and marketing of junk food, calling for a watershed ban on advertisements for foods high in fat, sugar and salt (HFSS) and ultra-processed foods (UPF

Asiatic Lion population rises from 523 in 2015 to 891 in 2025

On World Lion Day 2026, environment, forest and climate change Minister  Bhupender Yadav celebrated India’s remarkable journey in lion conservation and reaffirmed the country’s unwavering commitment to protecting wildlife and biodiversity.   In a post on soc

Railways imposed ₹5.13 crore fine for food quality and hygiene violations

Indian Railways serve about 58 crore meals every year on an average. About only 0.0008% food quality related complaints are received on average. Based on complaints during the last three years, appropriate penal actions have been taken by IRCTC. Such actions include imposition of fines amounting to ₹5.13

STHAVAR: Why every Indian built asset needs a permanent digital identity

India has built digital systems for identity, payments, taxation, documents, logistics and public services. State governments, ministries, infrastructure agencies and urban local bodies have also created portals for land records, building permissions, project monitoring, property taxation and municipal s

Saksham Skill census identifies 22,000 job-ready candidates in one Mumbai ward

A first-of-its-kind AI-enabled skill census conducted in Mumbai`s H-West Ward has identified a potential livelihood pipeline of nearly 22,000 candidates, generated over 32,000 provisional job matches while revealing that 71.2 per cent of surveyed homemakers are willing to join the workforce, according to

GI tags: Scaling traditional wealth into global brands

Geographical Indication (GI) tags have emerged as a powerful tool for protecting India`s cultural heritage, while creating economic opportunities for local communities. By linking products to their place of origin, GI tags preserve traditional knowledge, prevent misuse, and enhance consumer trust. They h

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter