The new upcoming ITIR (Information Technology Investment Region) in Telangana state would focus on the hitherto untouched Eastern part, mainly Uppal and Mamidpipalli, Raviryal, Adibatla, Pocharam and Maheswaram. Once in place, it’s expected to give Hyderabad a start to the second wave of IT development.
To be set up at an investment of around Rs 2.19 lakh crore, the IT and Information Technology Enabled Services (ITeS) sectors will attract investments of 1.18 lakh crore and the Electronic Hardware Manufacturing (EHM) sector Rs 1.01 lakh crore. The major investment will be through public-private partnerships model.
The ITIR is envisaged as self contained integrated knowledge cluster dedicated to establishment and growth of IT, ITES, and EHM units. In other words, it will be a combination of production units, public utilities, logistic, environmental protection mechanism, residential areas and administrative services.
The ITIR will also include Special Economic Zones (SEZs), industrial parks, free trade zones, warehousing zones, export oriented units, growth centres, existing settlements/ industries and estates/services. Overall, once set up, the ITIR is expected to generate direct employment of 14.8 lakh and indirect employment of 55.9 lakh.