Friday, November 07, 2008

SEMICONDUCTOR POLICY SOON TO BOOST IT HARDWARE SECTOR

Hemanth Kumar, Bangalore
DNA

Determined to maintain its leader status in the IT sector, Karnataka is reworking on its IT policy and preparing to unveil an exclusive semiconductor policy to promote growth in the hardware sector.

The semiconductor policy would have attractive incentives and tax concessions for investors. Manufacture of solar photovoltaic cells would be one of the main thrust areas. A proposal for setting up a hardware park near the Bengaluru International Airport in Devanahalli has been cleared.

An exclusive IT-BT Authority would be formed to facilitate speedy clearance for investment proposals in information technology and bio-technology sectors.

Chief minister B S Yeddyurappa, who inaugurated the 11th edition of Bangalore IT.Biz 2008 here on Thursday, announced that the state government would chalk out a host of IT based rural programmes to help ensure that the benefits of IT percolate down to villages.

Mysore, Mangalore, Hubli-Dharwad, Belgaum, Gulbarga, Davangere and Shimoga would be developed as major IT hubs. Young non-engineering graduates would receive support for honing their skills to get employment in IT and BPO sectors, he said.

Driving home the point that Bangalore continued to be the IT capital of India, Yeddyurappa said of the $40.4 billion exports in software and services during 2007-08, Karnataka's contribution at $14.2 billion comprised about 35%.

IT and BT minister Katta Subramanya Naidu in his address said the BJP government in the last four months has cleared 32 IT project proposals with a total investment of Rs 13,600 crore and promising employment opportunities to about 1 lakh persons.

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