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Harnessing the IT Dividend

The recent developments indicate that the state of Rajasthan is poised to harness the resources regarding IT, which it has at its disposal. The state has been in news for quite some years now for the various technology centers catering to the education sector. Off late, the state government in association with the Rajasthan State Industrial Development and Investment Corporation(RIICO) has formulated a number of policies that would help in the speedy development of the state’ s IT sector. The sector which is largely influenced by the southern states in the country is being provided new opportunities in the northern parts, thanks to Rajasthan.

Rajasthan owes the accolades for facilitating the largest assimilated IT Park in the northern India region. Mahindra World City, developed by the Mahindra group ranges over an area of around 3,000 acres. The facility – a Special Economic Zone – boasts of a bevy of global companies working out of it. Some of them are the EXL Services, Systweek, Infosys BPO, Deutsche bank etc.

Further, to augment the growing BPO and KPO sector in the state, the government has put forth the BPO & KPO policy – 2011. The state government has offered lucrative schemes by providing subsidies up to 50% of the land cost maximum to the limit of a score of lakh. A fact worth mentioning is that two more IT parks have been set up at Sitapur and Ramchandra Pura. The Sitapur facility has ready to move and other infrastructure in place where business can start operations right away.

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Given the vast human resources in the state, these moves by the government and RIICO will surely lead to fruition. The vanguard position of the southern states in the field of IT is surely at a risk. The next half of the decade will offer the results and will be put against the success stories of the leaders of the trade. As of now, its wait and watch for the contest just got tougher.

Good Luck Rajasthan