Special regions for information technology investment

April 3rd, 2008 - 4:59 pm ICT by admin  

New Delhi, April 3 (IANS) The government Thursday approved the creation of information technology investment regions (ITIR) equipped with integrated townships, special economic zones, and industrial parks. The ITIRs approved by the Cabinet Committee on Economic Affairs (CCEA) would aim at accelerating the growth of IT, electronic hardware manufacturing (EHM) units, and IT enabled services (ITES).

Each ITIR will be a notified investment region with a minimum area of 40 sq. km. planned for IT/ITES and EHM units. An ITIR can be developed through the public-private partnership (PPP) by the state governments.

“ITIRs will be endowed with excellent infrastructure,” said an official press communiqu

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