Financial Daily from THE HINDU group of publications
Monday, Oct 31, 2005
Financial Daily from THE HINDU group of publications Monday, Oct 31, 2005 |
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Info-Tech
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Events `Enough potential for Mangalore to grow in IT sector' Our Bureau
Mangalore , Oct. 30 MANGALORE — one of the first tier II cities in Karnataka to attract investments in information technology (IT) sector — is betting on its infrastructure and human resource potential to get more investments. Mr G. Giridhar Prabhu of Kanara Chamber of Commerce and Industry (KCCI), who presented a paper on `Beyond Bangalore' at the recently concluded Bangalore IT.in, told Business Line that there is enough room for Mangalore to grow in the IT sector. Referring to the construction boom in the city, he said ample housing and office projects are being commissioned in the city at one-third the cost of metro cities. Added to this, the State Government has taken steps to set up an IT special economic zone (SEZ) in the city. The Karnataka Industrial Areas Development Board has issued notifications for the acquisition of around 550 acres of land in Mangalore for this purpose.
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