1. Karnataka CM promises improved infra to hold Infosys’ interest in IT park

Karnataka CM promises improved infra to hold Infosys’ interest in IT park

The CM has directed state government officials to ensure adequate road connectivity, water supply and power requirements at the IT park.

By: | Bengaluru | Published: November 7, 2014 12:50 AM

Karnataka chief minister Siddaramaiah on Thursday promised to improve infrastructure facilities at the upcoming Devanahalli IT park near the Bengaluru international airport and convince the IT major Infosys against withdrawing from the location.

The CM has directed state government officials to ensure adequate road connectivity, water supply and power requirements at the IT park.

Infosys had earlier decided to withdraw from the Devanahalli IT Park, citing the delay in completion of infrastructure. The company also cited lack of road connectivity, potable drinking water as major concerns. It also wrote to the government to refund the deposit it had made towards the cost of land acquisition.

“We have already allotted 40 acres to Infosys at this park and reserved another 60 acres. If the company wants more land, the department is ready to give the remaining land,” Siddaramaiah said.

The Karnataka Industrial Areas Development Board had in 2010 allotted 40 acres at R1.8 crore per acre to Infosys. The company, however, had requested for an additional land of 60 acres.

“It is not right to say that the company is trying to withdraw from this IT Park. Because of delay in creating infrastructure facilities, they proposed to shift to Electronic City near Bommasandra in their letter. They have not said that they will go out of this project,” the chief minister said.

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