New Delhi: KT Rama Rao, Minister for Municipal Admin & Urban Dev, Industry & Commerce, ITE&C, met Thursday with Union Minister Ashwini Vaishnaw, Minister for Railways, Communications, Electronics & Information Technology (ITE&C) Government of India. Requested him to reconsider ITIR for Hyderabad
KT Rama Rao also requested to sanction two new electronics manufacturing clusters & for additional support to the T-Fiber project in Hyderabad
ITIR: Information Technology Investment Region (ITIR) The Information Technology Investment Region (ITIR), Hyderabad is an upcoming IT investment region jointly being developed by the Government of India and the Government of Telangana. Information Technology Investment Region (ITIR) for development of self-contained integrated knowledge clusters for growth of IT and electronic hardware manufacturing in 50,000 acres in and around Hyderabad. The project which is modeled along the lines of Shenzhen SEZ in China is aimed at attracting an investment of Rs 2.19 trillion ($44 billion) in the IT, ITES, and electronics sectors and providing direct employment to 1.5 million people.
Under the mega project, special economic zones (SEZs), industrial parks, free trade zones, warehousing zones, and export-oriented units would come up in three corridors around the city which includes the areas Madhapur, Gachibowli, Uppal, Mamidipalli, Raviryal, Adibatla, and Maheswaram, and Pocharam. The Government proposed to develop the infrastructure for ITIR at an estimated cost of over Rs 2.19 lakh crore.
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