Business Standard

Karnataka will handover land to Infosys, Wipro by month-end

The companies will set up their development centres in the Bangalore

Press Trust of India  |  Bangalore 

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Karnataka Industries Minister Murugesh Nirani today said the government by month-end would hand over land to Infosys and to set up their development centres in the city.

"By month-end, we will clear all hurdles in handing over the land to the concerned IT companies," he said on the sidelines of Southern Regional Council Meeting of Confederation of Indian Industry here.

During the last Global Investors Meet (GIM), Infosys and Wipro had signed MoUs with the government to set up development centres in the state.

While Infosys signed a Rs 2,950-crore MoU to set up a software development centre on Sarjapur Road, Wipro signed a Rs 537-crore MoU to set up a software export hub at its existing Sarjapur facility.

Because of land issues with farmers and fake land documents among others, there has been a delay in handing over the land to the companies, Nirani said.

Even the work on developing infrastructure around the proposed development centres has hit a roadblock because of land issues, he added.

"We will clear all hurdles of handing over the land and start work on infrastructure next month onwards," he said.

When asked about reports of deciding to put their India projects on hold for another few years, Nirani said he would not like to comment on it.

Karnataka will handover land to Infosys, Wipro by month-end

The companies will set up their development centres in the Bangalore

Karnataka Industries Minister Murugesh Nirani today said the government by month-end would hand over land to Infosys and Wipro to set up their development centres in the city.

Karnataka Industries Minister Murugesh Nirani today said the government by month-end would hand over land to Infosys and to set up their development centres in the city.

"By month-end, we will clear all hurdles in handing over the land to the concerned IT companies," he said on the sidelines of Southern Regional Council Meeting of Confederation of Indian Industry here.

During the last Global Investors Meet (GIM), Infosys and Wipro had signed MoUs with the government to set up development centres in the state.

While Infosys signed a Rs 2,950-crore MoU to set up a software development centre on Sarjapur Road, Wipro signed a Rs 537-crore MoU to set up a software export hub at its existing Sarjapur facility.

Because of land issues with farmers and fake land documents among others, there has been a delay in handing over the land to the companies, Nirani said.

Even the work on developing infrastructure around the proposed development centres has hit a roadblock because of land issues, he added.

"We will clear all hurdles of handing over the land and start work on infrastructure next month onwards," he said.

When asked about reports of deciding to put their India projects on hold for another few years, Nirani said he would not like to comment on it.

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