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Our Bureau

Private players to develop more IT parks in the city

Pune , May 5

Pune has done it again. It has recorded software exports of Rs 9,100 crore as compared to Mumbai, which has clocked Rs 7,300 crore, for the fiscal 2005-06.

Talking to Business Line, Mr P. Venugopal, Director, Software Technology Park of India (Maharashtra), said Pune registered a 48-per cent year-on-year growth to touch Rs 9,100 crore, up from Rs 6,150 crore for the fiscal ended March 31, 2005.

In percentage terms, it is second only to Hyderabad, which has reported 51 per cent year-on-year growth. He said for the current fiscal, a cumulative growth of 30 per cent is expected.

Mr Venugopal noted that the State Government had given Letter of Intent to many private players for developing IT parks in the city. He said the Government had promised fiscal and non-fiscal benefits to these players.

He said more than 100 companies had registered for space in the Software technology park and the majority of them are involved in the research and development, engineering services and embedded technology. And this has been the scenario for the past three years, he said.

Widespread growth

Commenting on the Phase III of the Rajiv Gandhi Infotech Park in Hinjewadi, he said it has attracted 13 companies while noting that the IT expansion in Pune is no longer confined to the Hinjewadi area but is being spread across the city and growth was evident in areas such as Kharadi, Magarpatta and Kalyani Nagar.

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