IT/ITeS

IT/ITeS - moving up the value chain

Indian IT industry revenues grew to US$88.1 billion in FY11 from US$47.9 billion in FY07 at a CAGR of 16.4% Indian IT - BPO exports are expected to reach US$175 billion and domestic market to US$50 billion by 2020

Upcoming IT hub in India with software exports of INR2.5 billion (US$50 million)

Availability of large cost effective talent pool with an intake capacity in Engineering and M.C.A stood at over 100,000 in 2010-11

Four IT parks in the major cities with ample space - Indore (2 m sq ft), Bhopal (2-2.5 m sq ft), Jabalpur (1.5 m sq ft) and Gwalior (1 m sq ft)

In-principle approval to 11 IT-SEZ including the IT SEZs of IT majors Infosys and TCS

Fiscal incentives - 75% concession on land premium and 100% exemption on electricity duty, entry tax, octroi and work contract tax

Non-fiscal incentives – 200% Floor Area Ratio (FAR) and dedicated power feeder

Investment Opportunities

Software Technology Park Indore - state-of-the-art facility with ready to move built up 1,00,000 sq ft of space

Crystal IT Park Indore - 5,50,00 sq ft of space commissioned in first phase and ready to occupy

Hardware & Software Technology Park Bhopal - being developed over 200 acres of land near airport

IT Park Gwalior - IT infrastructure on 50 acres of land through private participation

Proposed knowledge city in DMIC investment region and massive infrastructure build-up across investment corridors of Bhopal-Indore and Bhopal-Bina

Leading players

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