/24-7PressRelease/ - HYDERABAD, INDIA, June 18, 2008 - 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 http://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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