Jump to content

BIAL IT Investment Region

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by GreenC bot (talk | contribs) at 04:09, 8 May 2023 (Reformat 2 archive links. Wayback Medic 2.5). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

The Bangalore-BIAL ITIR is a 50 km2 (12,000 acres)[1] IT Investment Region that was proposed in 2010 15 km north of Kempegowda International Airport in Bengaluru.

On 15 July, the region received final legislative approval from the state assembly[2] and from the centre on 20 September 2013. The region is near Devanahalli.[3][4][5] The Karnataka government has set up an empowered committee headed by Former Chief Minister D. V. Sadananda Gowda and IT/BT minister to guide the development of the region.

The ITIR was one of the largest proposed infrastructure projects in Karnataka's history. The development will involve a Centre-State partnership in conjunction with private partners. Basic infrastructure such as road, rail and telecommunication links will be provided by the Centre. The State governments will provide physical infrastructure and utilities, including power, water, sewerage and effluent treatment facilities.[6] The Karnataka State Electronics Development Corporation (KEONICS) has recently issued Expression of Interest (EOI) for developing the region. Over 55 multinational IT companies including Infosys, Wipro, TCS, and Cognizant have signaled an interest in joining and have signed MOUs.[7][8]

In 2015, the Times of India reported that the project had been put on hold, because of both the increase in the value of the agricultural land it would need to acquire, and " lack of interest shown by major IT companies " The article also said that " IT companies are also worried about the connectivity and travel time."[9]

References

  1. ^ Jayadevan P K (17 December 2009). "IT Investment Region to create 40 lakh jobs". The New Indian Express. Retrieved 25 May 2013.
  2. ^ "Karnataka moves to set up IT investment region near Bangalore". Sify. Archived from the original on 22 July 2010. Retrieved 25 May 2013.
  3. ^ "Cabinet clears ITIR project". The Times of India. TNN. 29 January 2010. Archived from the original on 11 August 2011. Retrieved 25 May 2013.
  4. ^ "Karnataka / Bangalore News : State Cabinet approves IT park near Devanahalli airport". The Hindu. 29 January 2010. Archived from the original on 1 February 2010. Retrieved 25 May 2013.
  5. ^ "ITIR gets Centre's approval". The New Indian Express. 2 June 2010. Retrieved 25 May 2013.
  6. ^ "Front Page : IT Investment Region to be ready in six months". The Hindu. 12 November 2009. Archived from the original on 15 November 2009. Retrieved 25 May 2013.
  7. ^ "IT majors line up for investment region". The New Indian Express. 20 May 2010. Retrieved 25 May 2013.
  8. ^ "KEONICS | Home Page" (PDF). www.keonics.com. Archived from the original (PDF) on 3 March 2016. Retrieved 17 January 2022.
  9. ^ "ITIR project put on hold as farmers dig their heels in" Times of India 25 September 2015 [1][dead link] Accessed 7 May 2017.
Retrieved from "https://en.wikipedia.org/w/index.php?title=BIAL_IT_Investment_Region&oldid=1153753781"