| Please note, the sender's email address has not been verified. | |||||
| This article from Rediff.com has been sent to you by ronweb@gmail.com. | |||||
Close on the heels of Infosys and Wipro disclosing their plans for Hyderabad, TCS and Microsoft have evinced keen interest to expand their operations substantially in the city. While the state government has formally allotted 100 acres of land to Wipro by cancelling an IT park proposal in the post-bid stage at Vattinagulapally a week ago, the location for Infosys has been finalised at the newly-proposed 1,500-acre software SEZ near the new international airport. According to official sources, TCS officials have sought at least 100 acres for expansion plans of the company in Hyderabad. "TCS will be allotted 100 acres in the proposed SEZ as the company has responded positively to the proposed location," a senior government official told Business Standard. According to the official, Microsoft's local representatives are in touch with the state IT department. Microsoft's top brass would visit the site before the Andhra Pradesh Industrial Infrastructure Corporation, which owns the land, goes ahead with the arrangements. Microsoft is also expected to get 100 acres in the software SEZ. At present, both Microsoft and TCS have their campuses at Hitec City and employ about 1,000 and 3,600 IT professionals respectively. Meanwhile, the government is making arrangements to allot about 300 acres in the SEZ site to Infosys as sought by its chairman and chief mentor N R Narayana Murthy during his recent visit to Hyderabad. "Infosys officials have approved the location identified by the government after visiting the site," an APIIC official said. According to the plan, part of the software SEZ will be developed by these software companies either by themselves or in association with private developers. Another 250-acre area, which is slightly away from the 1,250-acre, is expected to be handed over to a private developer. Officials feel that the presence of companies like Infosys, TCS and Microsoft will help speed up the SEZ development. Click the following to access the sent link: Rediff.com - TCS, Microsoft to get 100 acres in Hyderabad state, India software SEZ This article can also be accessed if you copy and paste the entire address below into your web browser. http://www.rediff.com/money/2005/oct/26tcs.htm | |||||
Wednesday, October 26, 2005
TCS, Microsoft to get 100 acres in Hyderabad state, India software SEZ
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment