Major IT companies will start building their own offices at the Kokapet IT SEZ

Released on: June 16, 2008, 1:59 am

Press Release Author: varma

Industry: Real Estate

Press Release Summary: Ten major IT companies will start building their own offices
at the Kokapet IT Special Economic Zone by August 15. The firms are Google, Patni,
Cognizant, Cognizant, Sonata, DQ, Infinite, Tech Mahindra, Intelli Group and Cbay.


Press Release Body: Ten major IT companies will start building their own offices at
the Kokapet IT Special Economic Zone by August 15. The firms are Google, Patni,
Cognizant, Cognizant, Sonata, DQ, Infinite, Tech Mahindra, Intelli Group and Cbay.

To start the process, Huda will construct the compound wall, build roads, and
provide temporary power connection, water and other amenities. This was informed by
officials of the information technology and communications department to the Chief
Minister, Dr Y.S. Rajasekhar Reddy, at a high-level meeting here on Friday. The
information will be available on the ministry\'s e-gazette from July 1. IT exports
have touched a record Rs 26,122 crore during 2007-2008.

Meanwhile, the Animation and Gaming Hyderabad project spread over an area of 100
acres is coming up at Sultanpur. A Special Purpose Vehicle (SPV), the Hyderabad
Digital Media City, is being incorporated with representatives from the government,
animation, gaming, visual effects, digital entertainment sectors under the PPP
model. Altogether 41 animation, gaming companies have evinced interest to be part of
the SPV. The state government will also have a single portal integrating all the
departments. The portal www.ap.gov, which will be the single gateway for all
government information, is being developed by the Centre for Good Governance.

The Chief Minister was informed that there are 675 companies registered in the
state, including 51 IT MNCs/majors, that provide employment to 1.53 lakh people in
the last fiscal. Of these, five companies will invest Rs 1000 crore and above,
another five between Rs 500 crore and Rs 1000 crore and 30 more firms between Rs 100
crore and Rs 500 crore........

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