BIAL IT Investment Region

From Bharatpedia, an open encyclopedia
Information red.svg
Scan the QR code to donate via UPI
Dear reader, We need your support to keep the flame of knowledge burning bright! Our hosting server bill is due on June 1st, and without your help, Bharatpedia faces the risk of shutdown. We've come a long way together in exploring and celebrating our rich heritage. Now, let's unite to ensure Bharatpedia continues to be a beacon of knowledge for generations to come. Every contribution, big or small, makes a difference. Together, let's preserve and share the essence of Bharat.

Thank you for being part of the Bharatpedia family!
Please scan the QR code on the right click here to donate.

0%

   

transparency: ₹0 raised out of ₹100,000 (0 supporter)


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

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. 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[edit]

  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. ↑ [1]
  9. ↑ "ITIR project put on hold as farmers dig their heels in" Times of India 25 September 2015 [2] Accessed 7 May 2017.
Retrieved from "https://en.bharatpedia.org/index.php?title=BIAL_IT_Investment_Region&oldid=109394"