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UP to set up IT parks for wooing investment

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In a bid to promote information technology for attracting investment, the government will be setting up in all 18 divisions of the state.

The parks, being set up by (STPI), are expected to become functional in Agra, Gorakhpur, Meerut, Varanasi, during the first half of 2021.

According to officials, work will begin on the development of IT parks in Aligarh, Azamgarh, Jhansi and Saharanpur.

Dinesh Sharma, Minister for information and technology and deputy chief minister informed that a new dedicated is also on the cards. “Under the proposed policy, a 250 MW (IT power) data centre industry is to be developed in the state to attract an investment of about Rs 20,000 crore. At least three state-of-the-art private data centre parks will be set up,” Sharma said.

He added, “The government had achieved its five-year target of attracting Rs 20,000 crore investment and providing three lakh jobs in the IT sector in only 3 years.”

Sharma also notified that an investment of about Rs 200 crore had been made for the development of IT parks. “In addition to this, 40 acres of land has been acquired in Lucknow to develop a state-of-the-art IT park on PPP model. Out of this, 4 acres has been allocated to STPI to set up the country's largest incubation centre,” he said.

Sharma said several international companies from China, Taiwan and Korea had expressed interest in setting up manufacturing units in UP and an electronics manufacturing cluster was being developed in an area of 100 acres in Greater Noida.

“The new has targeted an investment of Rs 40,000 crore over the next five years and employment generation for 4 lakh people. Three electronics manufacturing clusters will be set up which include an electronic city near Jewar Airport, a defence electronics manufacturing cluster in Bundelkhand and a medical electronics manufacturing cluster in the Lucknow-Unnao-Kanpur zone,” he said.

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Tech Observer Desk
Tech Observer Desk
Tech Observer Desk at TechObserver.in is a team of technology reporters led by a senior editor who brings latest updates and developments from the world of technology.
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