R Jai Krishna CHENNAI: The Tamil Nadu Government has announced several measures for promoting the IT industry in the State. While presenting the interim budget, the minister for Finance, K Anbazhagan said the government would provide 'investment friendly' environment for the establishment of IT parks in tier-two towns and also revamp part of technical education for the industry. “The Information Technology sector has potential to provide job opportunities to thousands of engineers in software development and to lakhs of graduates in information technology enabled services. This government will continue to accord high priority to this sector and will evolve a new policy on Information Technology. Continuous efforts will be taken to implement e-governance effectively in Government departments to provide improved delivery of services to the public. E-governance of ten departments having high level of public interface will be expedited,” the minister said. The state would establish a second Tidel Park in Chennai to attract multinational software development organizations. Recalling chief minister M Karunanidhi's visit to Wipro and Infosys offices in Bangalore along with the Union Minister for Communications and Information Technology, Dayanidhi Maran, the minister said that on the basis of the discussions held there, decisions have been taken for the establishment of a joint venture at Coimbatore on the lines of Tidel Park at Chennai, jointly by the Government of Tamil Nadu and Software Technology Parks of India. “Infosys has committed an investment of Rs.1250 crores over a period of three years to build 50 lakh square feet office space for software development to generate employment opportunities for 25,000 persons. Follow up action is being taken on these projects,” he informed. The minister also said that the Human Resources Development Department of the Central Government had decided to establish a National Centre of Excellence called "Indian Institute of Information Technology, Design and Manufacturing," meeting international standards at Chennai. “As land has not been entrusted to Central Government since 2003, and as no decision had been taken, the construction of buildings and commencement of this prestigious institution has been delayed. As soon as the new Government has assumed charge, decision has been taken to provide the required land to the Central Government and render necessary cooperation,” Anbazhagan said. To attract large investments to the Tamil Nadu IT Sector, the minister announced setting-up of a State Information Technology Task Force comprising representatives from the IT industry to identify the infrastructural requirements. Educational Sector The minister said two technical universities on the lines of Anna University would be established at Trichy and Coimbatore to meet the demand for engineering and technical graduates in the IT sector. New Industrial Policy Tamil Nadu would announce a new industrial policy this year after due consultations with the industry and commerce. This policy is to encourage investment in the manufacturing sector; to ensure the products manufactured in Tamil Nadu can compete in international markets on quality and price; and to create employment opportunities on large scale and to facilitate industrial development of various parts of the state. “It is proposed to create an 'Industrial Corridor of Excellence' in the state. Industrial parks, special economic zones, information technology parks and integrated townships will be formed along this special corridor, which will be connected to airports and seaports through express highways and railway lines. This Industrial Corridor of Excellence will have infrastructure of world class standards,” he informed. Anbazhagan said: “Special concessions will be granted to companies that come forward to establish factories in Tamil Nadu for the manufacture of computers so as to increase the use of computers in our state and create a situation where computers will be affordable to all. Exemption will be given from the General and Central Sales Tax without any limit on the sale of computers manufactured by companies with an investment exceeding Rs.100 crores in the Special Economic Zones in Tamil Nadu. This concession will be given for a period of 10 years from the year of commencement of commercial production.” © CyberMedia News
Educational Sector The minister said two technical universities on the lines of Anna University would be established at Trichy and Coimbatore to meet the demand for engineering and technical graduates in the IT sector. New Industrial Policy Tamil Nadu would announce a new industrial policy this year after due consultations with the industry and commerce. This policy is to encourage investment in the manufacturing sector; to ensure the products manufactured in Tamil Nadu can compete in international markets on quality and price; and to create employment opportunities on large scale and to facilitate industrial development of various parts of the state. “It is proposed to create an 'Industrial Corridor of Excellence' in the state. Industrial parks, special economic zones, information technology parks and integrated townships will be formed along this special corridor, which will be connected to airports and seaports through express highways and railway lines. This Industrial Corridor of Excellence will have infrastructure of world class standards,” he informed. Anbazhagan said: “Special concessions will be granted to companies that come forward to establish factories in Tamil Nadu for the manufacture of computers so as to increase the use of computers in our state and create a situation where computers will be affordable to all. Exemption will be given from the General and Central Sales Tax without any limit on the sale of computers manufactured by companies with an investment exceeding Rs.100 crores in the Special Economic Zones in Tamil Nadu. This concession will be given for a period of 10 years from the year of commencement of commercial production.” © CyberMedia News
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