Financial Daily from THE HINDU group of publications Friday, Apr 07, 2006 |
|
|
|
|
|
|
|
Info-Tech
-
Events States - Karnataka `We will do all to help IT sector in Karnataka' Our Bureau
Mr H.D. Kumaraswamy, Chief Minister
Bangalore April 6 Karnataka would continue to encourage the growth of the information technology industry in the State. The Chief Minister, Mr H.D. Kumaraswamy, said here on Thursday at the International Information and Communication Technology conference organised by the World Customs Organisation here.
Mr Kumaraswamy said that his Government would do everything within its means to help the IT industry and the Brand Bangalore to grow, develop and flourish. "I welcome the growth of the IT industry throughout the country and would like Karnataka to contribute to the future growth of the IT industry in the same measure as it has done in the past," he added. He said that the Government is taking necessary action to fix the infrastructure bottlenecks in the city. The Government has spent over Rs 500 crore on improving the electricity distribution system in Bangalore. The line losses in Bangalore are less than 10 per cent and the reliability factor of power supply is 99.01 per cent. "No other metropolitan city in the country can compete with these figures," he said.
Japan aid
The Government would be shortly receiving assistance from the Japan Bank of International Cooperation to further improve the power supply and upgrade the reliability factor from 99.01 per cent to 99.68 per cent. The Government has initiated a number of steps to promote the IT industry in Bangalore, including setting up of a Hi-Tech City off Sarjapur Road, an electronic hardware park close to the upcoming Bangalore International Airport and earth stations and incubation centres in the satellite towns in and around Bangalore.
Related Stories: More Stories on : Events | Infrastructure | Politics | Karnataka
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|