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Thursday, Aug 05, 2004

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NEB to set up software park in Visakhapatnam

Our Bureau

Hyderabad , Aug 4

NEB Electronics Pvt Ltd is planning set up a software technology park in Visakhapatnam. As per initial estimates, the project involves an investment of Rs 40 crore, according to the company's Director and Chief Executive Officer, Mr Nagaraj.

He told newspersons here on Wednesday that the company was currently negotiating with the State Government with regard to the setting up of the software park.

NEB launched its range of television sets, DVD and VCD players, multi media systems and home theatre systems here on Wednesday.

According to NEB Managing Director, Mr Eric Briganza, the company would be launching a total of 26 models.

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