Friday, December 3, 2021
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Tag: Electronics Manufacturing Policy-2020

funding, money, investment

UP to set up IT parks for wooing investment

In a bid to promote information technology for attracting investment, the Uttar Pradesh government will be setting up IT parks in all 18 divisions of the state. The parks, being set up by Software Technology Parks of India (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 data centre policy 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...
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