The Karnataka government said yesterday that a Rs100,000-crore information technology (IT) hub of around 40sq km akin to Bangalore city will be created near its new airport at Devanahalli.
Speaking at the inaugural session of the premier Information and Communication Technology (ICT) event, the Bangalore IT.biz 2009, Karnataka minister for Information Technology Katta Subramanya Naidu said that the Bangalore-BIAL (Bangalore International Airport Ltd.) IT Investment Region (ITIR), covering 40 sq. km, will be ''ready for occupation within six months.''
The huge project will be completed in the lines of the Public Private Partnership (PPP) model in Devanahalli and Doddaballapur taluks, where all amenities and facilities for IT, IT-enabled Services and electronic hardware manufacturers will be made available.
Naidu said that the state government has identified the area in Devanahalli taluk where 40 sq. km acres of land would be acquired to set up the ITIR and has already received the clearance from New Delhi last year.
Bangalore city already has two technology parks - Electronic City, and International Tech Park Ltd. The new software and hardware hub will come up near the new Bangalore international airport.
The Karnataka State Electronics Development Corporation has already invited Expressions of Interest from consultants to prepare a pre-feasibility report for the project.
The Karnataka government has also received the clearance for the Aero SEZ (special economic zone) an aviation hub in Devanahalli from Udyog Mitra, where major US civil and military aviation companies as well as the European Aeronautics and Defence Systems (EADS) are likely to invest around Rs11,700 crore.