Bengaluru: Karnataka’s IT product export revenue touched the Rs 1.65-lakh-crore mark this this year, said S R Patil, Minister for Planning and Statistics, IT,BT, Science and Technology.
Karnataka accounts for nearly 40 per cent of the country’s IT export and is planning to take the IT export revenues to Rs 4 lakh crore by 2020.
The Minister said the government is is focussing on the growth of IT sector in tier-2 and -3 cities across the State.
To accelerate the growth of the sector, the state has revised and rolled out IT policy.
The new policy facilitates the formation of a single-window agency, which the industry has been demanding for long time.
Incentives
“The State government is planning to offer built-up area or land at a nominal cost in tier-2 and -3 cities. Also, IT industries had been exempted from many of the provisions of labour law,” said Patil.
To a query he said quite a good number of IT industries had shown interest to start their activities in Hubli-Dharwad, Shimoga, Gulburga, Managalore and Belgaum.
Already, the IT giant Infosys Technologies had been allotted an area of 50 acres in Hubli, and they had initiated the process to set up a unit there.
Once commissioned, Patil said, the Infosys unit would provide 10,000 direct jobs and 30,000 indirect jobs.
ITIR project
He said ITIR (Information Technology Investment Region) was another project the ministry is working upon.
It is a joint project for which the Centre will provide Rs 7,000 crore, mainly for creating infrastructure, including roads and communication facilities in the ITIR township.
"Believer - Humanitarian - Habit of Success" Sukumar Balakrishnan is the Founder of JB GROUP, a 500 Crore National Organization with over 150 Direct & 1200 indirect professionals operating from 5 major cities in India. Jayalakshmi Balakrishnan Group, a multi-faceted group venturing into, E- Commerce and Import-Export (INNOKAIZ), Retail and Wholesale (JB MART), Food and Beverages (KRISHNA FOODS ), Real Estate (Constructions on sites, Interior scaping, Facility Management)
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