IT Towers in Vijayawada

Dr. Reddy laying foundation stone for IT Towers in Keesarapalli village. The park is located at a 30-acres site just opposite the Gannavaram Airport. He said the park would provide 65,000 jobs in the next two years and give good career opportunities for students pursuing IT courses.

Andhranews.net

BARC campus in Vizag

The new BARC campus will also be home for Homi Bhabha National Institute (HBNI). HBNI is a deemed university, which offers graduate programmes in nuclear sciences. The first HBNI campus was opened in Mumbai recently. According to sources, BARC has drawn up plans to set up major facilities in the SEZ and some ‘minor facilities’ in Andhra University (AU). AU will have academic exchange programmes with HBNI to which all establishments of Department of Atomic Energy except Tata Institute of Fundamental Research would be networked.

It may be recalled that Andhra Pradesh Industrial Corporation Limited (APIIC) has already handed over 2,080 acres of land in the SEZ for the BARC campus.

About 2,500 acres more including 800 acres for residential quarters (for BARC employees) are being acquired by APIIC.

Newindia Press

New e-Biz project

Preparatory work by C-DAC had already started on a new e-Biz project (being executed by the industry ministry), for an online one-window approval system for FDI approval, and was expected to be completed by March 2007. Being taken up on a pilot basis, it will involve the four State Governments of Maharashtra, Uttar Pradesh, Haryana and Andhra Pradesh. Announced by Mr Ajay Dua, Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce

http://www.thehindubusinessline.com

Tada in race for bodybuilding unit of Ashok Leyland

Hyderabad: If things move in the right direction, Tada, near Andhra Pradesh-Tamil Nadu border, is all set to acquire a bodybuilding unit of Ashok Leyland, the second largest commercial vehicle manufacturer in the country.

A proposal to this effect was made by the Hinduja brothers to Chief Minister Y.S. Rajasekhara Reddy when they met him here on Monday.

The unit with a capacity to roll out 50,000 vehicles annually is expected to cost around Rs.1, 250 crores.

The company has, however, kept its options open and is continuing its negotiations with Uttaranchal and Himachal Pradesh in this regard in view of the incentives being offered there.

source
Hindu

AP Cabinet clears land allotment for various companies

Hyderabad
The Andhra Pradesh Cabinet has cleared allotment of 150 acres of land for IT major Infosys Technologies Ltd at Mamidipally and Kancha Imarat villages in Ranga Reddy districts. The land will be sold at Rs. 12 lakhs an acre.

Earlier in March infosys signed Memorandum of Understanding (MoU) with the Government of Andhra Pradesh to expand its presence in Hyderabad in 550 acres of land. The Government of Andhra Pradesh has already identified 150 acres for Infosys and the balance of 400 acres will be identified in the near future.

Raheja, Indu Projects and Brahmani Infotech have also been allotted 250 acres each in the same villages. They would be part of an integrated IT SEZ providing employment to about 1,35,000 professionals.

The Army Welfare Association has been given 15 acres at Jawaharnagar near Shamirpet near Hyderabad to establish an army institute of medical sciences.

Visakhapatnam
Brandix, a garment giant, would get 1,000 acres at Atchyutapuram for a 25-year lease at Rs. 5 lakhs an acre to develop a garment city with an outlay of Rs. 50 crores and provide jobs 60,000 people. In line with the MoU, the Cabinet also approved the release of Rs. 12.5 crores to develop infrastructure for the project.

An extent of 10 acres has been allotted at Chinnadadila near the city to Apollo Hospitals at the rate of Rs. 2 crores an acre for setting up a super speciality hospital.

source
Hindu