Tech4SMB India Advisory - Indian Cabinet Expands IT Investment Region in Bengaluru & Hyderabad

Dr Ajay Kumar, IAS, Joint Secretary Department of IT provided an update that Indian Union Cabinet approved expanded IT Investment Region (ITIR) in Bengaluru and Hyderabad to promote IT/ITES investment
 
IRVINE, Calif. - Nov. 24, 2013 - PRLog -- Tech4SMB is focused on needs of small and medium business which are the lifeline of the economy. Tech4SMB provides IT solutions, C suite services, India Advisory, merger and acquisition services for small business.

Dr Ajay Kumar , IAS, Joint Secretary, Department of Electronics and IT, provided an update that Indian Union Cabinet gave green signal to setting up of IT Investment Region (ITIR) near Hyderabad. This is the second ITIR approved by the Government in the last few months. The first one in Bengaluru was approved a few months earlier. The ITIRs are expected to make both Bengaluru and Hyderabad bigger destinations of IT and electronics industries by stimulating investment in infrastructure and related facilities.

The Union government has approved setting up of an IT Investment Region (ITIR) located at 44 kms from Bengaluru and 14 kms north of Bengaluru International Airport covering an area of 42.41 sq. kms. The ITIR envisages an investment of Rs. 1,06,000/- Crores over a period of twenty years.

Tech4SMB works with small and medium firms to identify, assess and execute India specific business opportunities in both IT and non IT (manufacturing) investments.

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