Archive for the 'Private Parks' Category

Update on progress on the IT front in Bhubaneswar; Mindtree to start construction in June; ICICI asked to start in April

Bhubaneswar- Cuttack- Puri, Business Standard, Genepact, ICICI, Khordha, Mindtree, Private Parks, State Bureaucrats (IAS, OAS, etc.) 2 Comments »

Following are excerpts from a report in Business Standard.

While MindTree expects to kick off construction work on its Rs 200-crore development centre in the city by June this year, ICICI Bank, which had sought an extension of two years for its Rs 600-crore eastern regional hub, has been asked by the state IT department to start construction work by April.

… MindTree, a global IT and R&D services company, co-headquartered in Bangalore and Somerset in New Jersey (US), had entered into an MoU with the Orissa government in March 2006 for setting up its software development centre spread over 30 acres.

…  MindTree would initially recruit about 1,000 software professionals and eventually ramp up its headcount to 6000. Its development centre in Bhubaneswar will focus on R&D, consultancy and software development.

ICICI bank’s eastern regional hub would have a built-up area of 1.5 million sq ft and it will have a pool of 15,000 employees in the long-run. The project is to be developed in phases over a period of six to seven years.

Genpact Limited, the BPO (business process outsourcing) arm of the US-based General Electric which had announced a Global Delivery Centre in the city has submitted a fresh building plan to the Bhubanewar Development Authority (BDA).

“We are pursuing Genpact’s case with the BDA to expedite the company’s project”, the official said.

Genpact’s centre in the city will have a total built-up area of 7 lakh sq ft. Initially, Genpact would hire 500 people for running its operations and eventually, the headcount will be scaled up to 3,000.

On Raheja Corporation’s IT park, he said, land has been alloted but the company is yet to take physical possession of it. Mumbai-based K Raheja Corporation proposed to set up an IT park in the city over an area of 30 acres at an investment of about Rs 250 crore. This IT park would have a total built-up area of 10 lakh sq ft and it was scheduled to be commissioned within three years. The project would generate employment for nearly 20,000 people.

K Raheja Corporation had signed a MoU (memorandum of understanding) with the Orissa government in May 2008 and the IT park was scheduled to be commissioned within three years.

 

First private STP comes up in Odisha; Nanadankanan to have a 5000 sq ft Orchid House

Bhubaneswar- Cuttack- Puri, Cuttack, IT, Nandan Kanan, Private Parks Comments Off on First private STP comes up in Odisha; Nanadankanan to have a 5000 sq ft Orchid House

Following is an excerpt from an IANS report.

Orissa got its first private software technology park Tuesday. Built on the outskirts of state capital Bhubaneswar by city-based JSS Group, the venture was inaugurated by Chief Minister Naveen Patnaik.

The JSS Software Technology Park has a built-up area of about 55,000 square feet and can accommodate about 1,000 IT (Information Technology) professionals, Bijoy K. Sahoo, Chairman of the JSS group told IANS.

The eight-floor building constructed with an investment of Rs.10 crore in the first phase has ready-to-move-in facilities, Sahoo said, adding that two companies have already allotted space and they have begun their operations from today (Tuesday).

JSS has planned to invest Rs.70 crore (Rs.700 million) in the second phase that is scheduled to complete in the next 24 months. The total built up area of the project after second phase expansion would be two lakh square feet, he said.

Following is from JSS’s web page.

Keeping to long standing demands from the Information Techenology (IT)
Companies in the Small and Medium Enterprise (ITSME) Sector, the InterMinisterial standing Committee (IMSC) of Goverment of India has approved the First Private Software Technology Park (STP) of Orissa.The IMSC felt it imprerative to setup a micro,small and madium enterprise(MSME) software park to broaden the export base of the state. The park will enble IT professionals to walk in and to state their business instantly.
The news STP has been christened as JSS software Technology park.The private STP is locted at Infocity in Chandaka ,Bhubaneswar with a view to provide incubation and infrastructure faclities to new ans young entrepreneurs in the MSME sector .Infocity is considered as the biggestITpark in estern India spread over an area of 350 acres, currently housing IT giants like Infosy, Wipro, TCS, Mind Tree ect.

The intelligent building of the JSS STP is spread in sprawing three acre campus and housses state-of-art technology to fulfil the growing demands of highly competent IT professionals.


Following is an excerpt from a report in expressbuzz.com.

The Nandankanan Zoological Park here will have the largest Orchid House of Orissa soon.

Spread over 5,000 sq ft, the garden will be home to some exotic species which are found in Orissa as well as outside.

The Nanadankanan Zoo authorities have collected over 156 varieties of orchids belonging to 35 species for the Orchid House which is now awaiting to be thrown open. Altogether, the specially-designed garden will be home to 1,000 plants, Director of Nandankanan Zoological Park Sudarshan Panda said. All the three different types of orchidaceae – epiphytic, subaerial and those growing on the soil are part of the collection.