Information technology minister Surya Narayan Patra on Wednesday announced that the construction work for second info city in the capital city here would begin soon.
The announcement of the minister came at a high-level meeting at the State Secretariat here.
Briefing newsmen after the meeting, Patra said that the second info city would be set up at a distance of 20 km from Bhubaneswar in an area of 681 acre of land belonging to five villages.
The state government would acquire 56 acres of land from Durgapur Mouza, 227 acres from Gousa Kasipur Mouza, 56 acres from Harekrushnapur Mouza, 156 acres from Arisai Mouza and 204 acres from Haripur Mouza.
He said that the process of land acquisition has been expedited with close interaction with the revenue and disaster management department and forest department.
For construction of the proposed info city, the state government has entrusted the work to Monarch Architect, a Pune-based architect company, he added.
Replying to a question, the minister said that the IT performance in the state in the 2006-07 fiscal has leapfrogged with a record export of software worth Rs 732 crore by a total of 32 IT companies that was 48 percent higher (Rs 485 crore) compared to the 2005-06 fiscal.
Three premiere IT companies- Satyam, Infosys and TCS and 29 other IT companies had exported the software during the period, the minister said and added that the 29 small and medium IT companies had alone accounted for Rs 51.45 crore of software export.
Stating that the future of IT in Orissa would be definitely brighter due to the favourable IT policy of the state government.
As a result, while 14 IT companies have been registered in the state in the last year, another 19 companies have been registered this year, Patra pointed out.
Source: http://odissahrd.googlepages.com/20070426pragativadisecondinfocity.pdf
Thursday, January 3, 2008
Sunday, December 23, 2007
Orissa to set up software parks for small IT firms
Hopes to increase IT exports to Rs 1,000 crore by 2009.
With a view to provide incubation and infrastructure facilities to new and young entrepreneurs in the micro, small and medium enterprise (MSME) sector, the state-owned Orissa Industrial Infrastructure Development Corporation (IDCO) plans to set up an MSME software park.
The proposed hub will function in a multi-story vertical tower, which is one amongst a number of high-tech buildings planned to be built in and around Bhubaneswar by IDCO in the near future.
“Yes, we are planning a number of high rise buildings in the city to provide ready-made office space with all the modern facilities to the industries coming to the state. One such tower will be dedicated to MSMEs in the IT sector,” Vishal Dev, managing director, IDCO, told Business Standard.
The setting up of an MSME software park is currently at a conceptual level and IDCO is in the process of preparing the detailed project report (DPR) for the project.
The corporation may either construct the park itself or it may rope-in a private developer as partner. Three probable locations have been identified for the project and no final decision has been made. IDCO, in all, has plans to build three such towers in different locations in the city.
One of the buildings will come up at Mancheswar, where a 29-acre patch of land has been earmarked. The other two towers will be located adjacent to the Fortune Towers, an existing high-tech office complex and the Orissa Computer Application Centre (OCAC) respectively.
This blueprint to set up an MSME software park in Bhubaneswar follows a plea to this effect by OCAC in the State Level Export Promotion Committee (ELPC) meeting on Assistance to States for Infrastructure Development for Exports (ASIDE) scheme recently.
The meeting, chaired by the Orissa chief secretary, Ajit Kumar Tripathy, accepted the proposal and entrusted IDCO to undertake the project for which Rs 2 crore will be provided from the ASIDE fund after IDCO submits a detailed project report (DPR).
The committee felt it imperative to set up an MSME software park to broaden the export base of the state. While the state’s IT exports are pegged at around Rs 800 crore, about 90 per cent of it is contributed by the big IT companies like Satyam, Infosys, and TCS who have their development centres in the city.
It was felt that the share of the small and medium IT enterprises can be instrumental in raising exports if they are provided with the incubation facility. Basically, the MSME software park will cater to the requirement of the new and young IT professionals willing to walk in and start their business instantly.
Besides, with the available built up office space in Infocity, Fortune Towers and Tower-2000 almost exhausted, the corporation has initiated steps to meet the future requirement of the small companies. As of now, IDCO is providing land to various companies for construction of their own campuses.
However, this is not a sound business proposition for the micro and small units, who require ready-made, built up office space with connectivity to start their business.
Dev said, the proposed towers including the MSME software park, will boast of world-class built-up space, connectivity and social infrastructure like townships, hospitals and schools. However, the total investment is yet to be decided.
“Bhubaneswar Development Authority (BDA) is in the process of revising its Floor Area Ratio (FAR) norms. Once the FAR is revised, we will be able to make the exact estimates,” he said.
He added that apart from the built-up space, the small companies can also take land on outright purchase basis in Infocity-II near Janla. An Info-park being developed by DLF adjacent to Infocity can also meet their space requirement.
“The info park with 1 million square feet of built-up space developed by DLF is expected to be commissioned by January 2008.
It may be noted, that there are more than 300 small and medium enterprises (SMEs) in the state in the IT sector with more than 12,000 software professional engaged in them.
Infocity, considered as the biggest IT park in eastern India, is spread over an area of 350 acres, currently housing big IT companies like Infosys, Wipro, TCS, Mind Tree.
Similarly, Fortune Towers, with a built up space of 0.35 million square feet, is equipped with high speed connections. Besides, IDCO Towers, which is strategically located in the heart of the city, houses a number of IT and IteS companies.
Source: http://www.business-standard.com/sme/storypage.php?leftnm=13&subLeft=2&chklogin=Y&autono=305826&tab=r
With a view to provide incubation and infrastructure facilities to new and young entrepreneurs in the micro, small and medium enterprise (MSME) sector, the state-owned Orissa Industrial Infrastructure Development Corporation (IDCO) plans to set up an MSME software park.
The proposed hub will function in a multi-story vertical tower, which is one amongst a number of high-tech buildings planned to be built in and around Bhubaneswar by IDCO in the near future.
“Yes, we are planning a number of high rise buildings in the city to provide ready-made office space with all the modern facilities to the industries coming to the state. One such tower will be dedicated to MSMEs in the IT sector,” Vishal Dev, managing director, IDCO, told Business Standard.
The setting up of an MSME software park is currently at a conceptual level and IDCO is in the process of preparing the detailed project report (DPR) for the project.
The corporation may either construct the park itself or it may rope-in a private developer as partner. Three probable locations have been identified for the project and no final decision has been made. IDCO, in all, has plans to build three such towers in different locations in the city.
One of the buildings will come up at Mancheswar, where a 29-acre patch of land has been earmarked. The other two towers will be located adjacent to the Fortune Towers, an existing high-tech office complex and the Orissa Computer Application Centre (OCAC) respectively.
This blueprint to set up an MSME software park in Bhubaneswar follows a plea to this effect by OCAC in the State Level Export Promotion Committee (ELPC) meeting on Assistance to States for Infrastructure Development for Exports (ASIDE) scheme recently.
The meeting, chaired by the Orissa chief secretary, Ajit Kumar Tripathy, accepted the proposal and entrusted IDCO to undertake the project for which Rs 2 crore will be provided from the ASIDE fund after IDCO submits a detailed project report (DPR).
The committee felt it imperative to set up an MSME software park to broaden the export base of the state. While the state’s IT exports are pegged at around Rs 800 crore, about 90 per cent of it is contributed by the big IT companies like Satyam, Infosys, and TCS who have their development centres in the city.
It was felt that the share of the small and medium IT enterprises can be instrumental in raising exports if they are provided with the incubation facility. Basically, the MSME software park will cater to the requirement of the new and young IT professionals willing to walk in and start their business instantly.
Besides, with the available built up office space in Infocity, Fortune Towers and Tower-2000 almost exhausted, the corporation has initiated steps to meet the future requirement of the small companies. As of now, IDCO is providing land to various companies for construction of their own campuses.
However, this is not a sound business proposition for the micro and small units, who require ready-made, built up office space with connectivity to start their business.
Dev said, the proposed towers including the MSME software park, will boast of world-class built-up space, connectivity and social infrastructure like townships, hospitals and schools. However, the total investment is yet to be decided.
“Bhubaneswar Development Authority (BDA) is in the process of revising its Floor Area Ratio (FAR) norms. Once the FAR is revised, we will be able to make the exact estimates,” he said.
He added that apart from the built-up space, the small companies can also take land on outright purchase basis in Infocity-II near Janla. An Info-park being developed by DLF adjacent to Infocity can also meet their space requirement.
“The info park with 1 million square feet of built-up space developed by DLF is expected to be commissioned by January 2008.
It may be noted, that there are more than 300 small and medium enterprises (SMEs) in the state in the IT sector with more than 12,000 software professional engaged in them.
Infocity, considered as the biggest IT park in eastern India, is spread over an area of 350 acres, currently housing big IT companies like Infosys, Wipro, TCS, Mind Tree.
Similarly, Fortune Towers, with a built up space of 0.35 million square feet, is equipped with high speed connections. Besides, IDCO Towers, which is strategically located in the heart of the city, houses a number of IT and IteS companies.
Source: http://www.business-standard.com/sme/storypage.php?leftnm=13&subLeft=2&chklogin=Y&autono=305826&tab=r
Infinity IT Township planned for Bhubaneswar
Infinity Infotech Parks Ltd. is a high aspiration model of an entrepreneur’s vision. With a perfect combination of new technology and a dedicated customer service Infinity Infotech Park Ltd. has improved business efficiency for its occupants.
Infinity will actively develop the following IT Townships :
• 400 Acres Corporate Township, Bhubaneswar.
• 200 Acres, IT SEZ Township, Diamond Harbour Road, Kolkata.
• 100 Acres, IT SEZ Township, Bantalla, Kolkata.
• 80 Acres, IT SEZ Township, Rajerhat Kolkata.
Project Status: Land under Acquisition with the intent of developing IT Townships.
Source: http://www.infinityitpark.com/townships.html
Infinity will actively develop the following IT Townships :
• 400 Acres Corporate Township, Bhubaneswar.
• 200 Acres, IT SEZ Township, Diamond Harbour Road, Kolkata.
• 100 Acres, IT SEZ Township, Bantalla, Kolkata.
• 80 Acres, IT SEZ Township, Rajerhat Kolkata.
Project Status: Land under Acquisition with the intent of developing IT Townships.
Source: http://www.infinityitpark.com/townships.html
Sunday, August 12, 2007
Carlson plans property in Bhubaneswar
US-based international hotel and resort company Carlson Hotels Worldwide is exploring the possibility of lining up an investment of Rs 500 crore in Orissa, according to state government sources.
The investments would go in for setting up a 5-star hotel, a hotel apartment and a shopping mall.
The hotel chain could not be contacted for confirmation.
Discussions on Carlson investments are currently at the highest levels of the Orissa government.
Carlson representatives recently gave a presentation to Orissa Chief Minister Naveen Patnaik in Delhi.
The government is currently is in the process of identifying land for Carlson.
Orissa government sources pointed out, that in all probabilities land for Carlson would be made available around the Infocity- the Bhubaneswar IT hub. Bhubaneswar, of late, is witnessing a boom in hotel industry with chains like Best Western showing interest in coming to the state.
ITC Welcom Group Sheraton brand of hotels, Lakshmi Franklin Hospitality and real estate major Unitech have also shown their interest on ventures in Orissa. It is for the state government to finally decide and find out land for them.
Says a highly placed state government official, “Carlson had evinced interest to come to Orissa in a big way. For them, we are also ready to roll out the red carpet.”
Carlson Companies, headquartered in Minneapolis, Minnesota, USA is a global leader in hospitality services encompassing more than 1,700 hotels, resorts, restaurants and cruise ship operations in 82 countries employing over 1.9 lakh people across the globe.
The global hotel chains brands include Regent Hotels and Resorts, Radisson Hotels and Resorts, Park Plaza Hotels and Resorts, Country Inns and Suites By Carlson and Park Inn.
Almost three decades into hospitality services Carlson currently have 410 Country Inns and Suites in different parts of the globe.
There are about 15 hotels in India located at various places.
They include Paradeep, Jaipur, Jalandhar, Ludhiana and Hyderabad.
Carlson also has properties at Ahmedabad, Chennai, Goa and Bangalore.
With a view to deliver high value and quality for business and leisure and professional travel, Carlsons global operations are divided into three broad theatres — The Americas, Europe and Middle East and Africa (EMEA).
http://www.business-standard.com/search/storypage_new.php?leftnm=1&leftindx=1&subLeft=1&autono=290203
The investments would go in for setting up a 5-star hotel, a hotel apartment and a shopping mall.
The hotel chain could not be contacted for confirmation.
Discussions on Carlson investments are currently at the highest levels of the Orissa government.
Carlson representatives recently gave a presentation to Orissa Chief Minister Naveen Patnaik in Delhi.
The government is currently is in the process of identifying land for Carlson.
Orissa government sources pointed out, that in all probabilities land for Carlson would be made available around the Infocity- the Bhubaneswar IT hub. Bhubaneswar, of late, is witnessing a boom in hotel industry with chains like Best Western showing interest in coming to the state.
ITC Welcom Group Sheraton brand of hotels, Lakshmi Franklin Hospitality and real estate major Unitech have also shown their interest on ventures in Orissa. It is for the state government to finally decide and find out land for them.
Says a highly placed state government official, “Carlson had evinced interest to come to Orissa in a big way. For them, we are also ready to roll out the red carpet.”
Carlson Companies, headquartered in Minneapolis, Minnesota, USA is a global leader in hospitality services encompassing more than 1,700 hotels, resorts, restaurants and cruise ship operations in 82 countries employing over 1.9 lakh people across the globe.
The global hotel chains brands include Regent Hotels and Resorts, Radisson Hotels and Resorts, Park Plaza Hotels and Resorts, Country Inns and Suites By Carlson and Park Inn.
Almost three decades into hospitality services Carlson currently have 410 Country Inns and Suites in different parts of the globe.
There are about 15 hotels in India located at various places.
They include Paradeep, Jaipur, Jalandhar, Ludhiana and Hyderabad.
Carlson also has properties at Ahmedabad, Chennai, Goa and Bangalore.
With a view to deliver high value and quality for business and leisure and professional travel, Carlsons global operations are divided into three broad theatres — The Americas, Europe and Middle East and Africa (EMEA).
http://www.business-standard.com/search/storypage_new.php?leftnm=1&leftindx=1&subLeft=1&autono=290203
Wipro to recruit 15,000 at Bhubaneswar
Wipro Technologies plans to recruit 15,000 software professionls in itsproposed development centre at Bhubaneswar.
Besides, the company also proposed to set up a Global Training Centre (GTC) in Bhubaneswar.
Laxman Badiga, chief Information officer (CIO) of Wipro, met the Orissa chief minister Naveen Patnaik recently and discussed the progress of the development centre in Bhubaneswar. The company will have a 26 acre campus in the infocity-II and will have four blocks of building.
The design and architecture of the building has been finalized and the construction of the boundary wall has been completed. The construction of the centre is expected to be completed within next 18 months, sources said. Wipro is also looking for setting up a Global Training Centre in Orissa. The company officials have visited a couple of sites to select the location.
The government will take a view after the company intimates the location.
The proposed GTC will be in the pattern of the company's Global Training Centre located at Mysore.
The centre is expected to provide training facility to about 3000 persons. Further, the company has evinced interest to be associated with the development of International Institute of Information Technology (IIIT) in Bhubaneswar.
The chief minister is reported to have discussed the concept of smart city with the Wipro team. Principal secretary to the chief minister B K Patnaik, secretary IT department S N Tripathy and head of the Bhubaneswar Development Centre Surya Mohanty were present during the discussion. After the completion of the Wipro Development Centre, there will be about 40,000 employees working within 200 acres of Infocity. This is expected to lead to severe pressure on the social and civil infrastructure in the IT hub.
http://www.business-standard.com/search/storypage_new.php?leftnm=1&leftindx=1&subLeft=1&autono=293474
Besides, the company also proposed to set up a Global Training Centre (GTC) in Bhubaneswar.
Laxman Badiga, chief Information officer (CIO) of Wipro, met the Orissa chief minister Naveen Patnaik recently and discussed the progress of the development centre in Bhubaneswar. The company will have a 26 acre campus in the infocity-II and will have four blocks of building.
The design and architecture of the building has been finalized and the construction of the boundary wall has been completed. The construction of the centre is expected to be completed within next 18 months, sources said. Wipro is also looking for setting up a Global Training Centre in Orissa. The company officials have visited a couple of sites to select the location.
The government will take a view after the company intimates the location.
The proposed GTC will be in the pattern of the company's Global Training Centre located at Mysore.
The centre is expected to provide training facility to about 3000 persons. Further, the company has evinced interest to be associated with the development of International Institute of Information Technology (IIIT) in Bhubaneswar.
The chief minister is reported to have discussed the concept of smart city with the Wipro team. Principal secretary to the chief minister B K Patnaik, secretary IT department S N Tripathy and head of the Bhubaneswar Development Centre Surya Mohanty were present during the discussion. After the completion of the Wipro Development Centre, there will be about 40,000 employees working within 200 acres of Infocity. This is expected to lead to severe pressure on the social and civil infrastructure in the IT hub.
http://www.business-standard.com/search/storypage_new.php?leftnm=1&leftindx=1&subLeft=1&autono=293474
Tuesday, July 24, 2007
Knowledge City Bhubaneswar
As Infocity is full, Government of Orissa is setting up another IT park called “Knowledge City” over a 450 acre patch of land near Janla Industrial Estate about 15km from Bhubaneswar. IDCO shall be taking up the infrastructure development, which is likely to be completed by December this year. The Knowledge City would comprise an IT SEZ and both industrial as well as social infrastructure like schools, shopping, entertainment complex and, a Central Business Zone.
Friday, May 25, 2007
Oversupply is one of the last worries
If mall developers could move their properties around rather than be stuck with oversupply in some areas, they would surely grab the opportunities in Jharkhand and Orissa, two mineral rich states whose capitals are yet to become retail destinations, let alone crowded ones.
............................
Orissa, or rather its capital Bhubaneswar, is better placed than Jharkhand at the moment, since it already has a Big Bazaar retail outlet. In fact, shopping in a market-mall is gradually becoming a fashion statement, and the success of the Big Bazaar outlet has brought in its wake another, Vishal Market Mall.
The Big Bazaar outlet has become a landmark in less than two years, sprawling over 51,000 sq.ft. It has already started posting a profit even though it is yet to complete its third year. While local officials were reticent about the investments or the profit figures, it is learnt that the store needs sales of Rs 2.80 crore a year to break even.
Forget oversupply. Big Bazaar is also facing problems in getting space for expansion. Initially, it had taken a major portion of Forum Mart, not sure if its model would click in a small city like Bhubaneswar.
The second Big Bazaar outlet has come up in Cuttack, about 28km away from Bhubaneswar. It is also planning to set up a second outlet in Bhubaneswar city, at Patia. ”The market malls in Orissa are coming up according to the customers demand,” says Priyadarshi Mishra, the president of Super Bazaar, a government controlled market mall in the co-operative sector. After Big Bazaar, majors like Shopper’s Stop and C3 are also eyeing locations in Bhubaneswar.
So, whether it is Bihar, Jharkhand or Orissa, oversupply is the last worry for mall developers or promoters!
http://www.financialexpress.com/fe_full_story.php?content_id=145594
............................
Orissa, or rather its capital Bhubaneswar, is better placed than Jharkhand at the moment, since it already has a Big Bazaar retail outlet. In fact, shopping in a market-mall is gradually becoming a fashion statement, and the success of the Big Bazaar outlet has brought in its wake another, Vishal Market Mall.
The Big Bazaar outlet has become a landmark in less than two years, sprawling over 51,000 sq.ft. It has already started posting a profit even though it is yet to complete its third year. While local officials were reticent about the investments or the profit figures, it is learnt that the store needs sales of Rs 2.80 crore a year to break even.
Forget oversupply. Big Bazaar is also facing problems in getting space for expansion. Initially, it had taken a major portion of Forum Mart, not sure if its model would click in a small city like Bhubaneswar.
The second Big Bazaar outlet has come up in Cuttack, about 28km away from Bhubaneswar. It is also planning to set up a second outlet in Bhubaneswar city, at Patia. ”The market malls in Orissa are coming up according to the customers demand,” says Priyadarshi Mishra, the president of Super Bazaar, a government controlled market mall in the co-operative sector. After Big Bazaar, majors like Shopper’s Stop and C3 are also eyeing locations in Bhubaneswar.
So, whether it is Bihar, Jharkhand or Orissa, oversupply is the last worry for mall developers or promoters!
http://www.financialexpress.com/fe_full_story.php?content_id=145594
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