Govt allots 26 acre land for Satyam’s SEZ in Ahmedabad and Gandhinagar
Satyam Computers Services Ltd, one of the software giants in the country, has been allotted over 26 acres of government land for setting up special economic zone (SEZ) dedicated to information technology (IT) sector.
The captive special zone would come up in the state’s capital Gandhinagar near Infocity. “On July 16, the company’s officials formally received possession of the land from the district collector,” said a senior Gujarat government official on the condition of anonymity.
Satyam is the country’s second IT consultancy firm to plan a SEZ in the state after Tata Consultancy Services (TCS). The TCS has already been approved over 10 acres of land in Gandhinagar.
Confirming the latest development, Capt H R Prasad, global head, corporate services, Satyam Computer Services Ltd, said Satyam was in the process of planning the campus in Gandhinagar. The company would now soon initiate the process of obtaining the formal nod from the board of approval and notification from the Centre.”
According to government sources, the process of notification should not take very long, given the fact that the special economic region is to come up on a government land.
The company, listed on BSE as well as New York Stock Exchange, was expected to set up a software development centre in its captive SEZ, said a government official.
The Secunderabad-based company’s officials, however, expressed inability to provide investment and employment figures for the project, saying that it was still in the early stages of planning.
This would be the 11th IT sector-specific SEZ in the state when approved. So far two IT-dedicated special zoneshave been notified: one is Ahmedabad and the other in Gandhinagar.
Interestingly, all the IT SEZs in the state, except one by Nipiam Infotech in Vadodara, are housed in the twin cities of Ahmedabad and Gandhinagar. While Ahmedabad has 4 of them in different stages of approval, Gandhinagar accounts for the rest.
Apart from Satyam, TCS’s IT SEZ in Gandhinagar, which has been formally approved by the Centre, is awaiting notification. In addition, some of the national-level realtors, like DLF and Raheja, have also got IT special zones approved in Gandhinagar
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