Land allocation delay hits IT, ITeS, semicon projects in Bhubaneshwar
BHUBANESWAR: The ambitious plan to position Bhubaneswar as an IT and electronics manufacturing hub has hit a roadblock due to delay in allotment of land and a shift in focus from the core objectives of the Infovalley project. However, delay in allotting land to upcoming IT, ITeS and semiconductor companies have raised concerns in the industry and investors circles about Odisha’s commitment to its original vision. Sources said important projects by companies, including SiCSem Pvt Ltd, RIR Power Ltd and Heterogeneous Integrated Packaging Solutions Pvt Ltd already approved by the state government are waiting for the allotment of suitable land within Infovalley for a while. While promotion of IT, ITeS, ESDM and semiconductor industries was the objective, a significant portion of Infovalley’s land has been allocated to healthcare, education and hospitality projects. It has recommended that remaining available land in Infovalley be reserved exclusively for IT, ITeS, ESDM, semiconductor and other related tech companies, besides exploring possibility of acquiring additional land on the periphery of Infovalley to accommodate future growth.
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