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IT hub in making
News Behind The News
 
March 27, 2006

The seven states of the Northeast are all geared up to become the next information-technology (IT) hub of the country.



With a slew of IT and telecom projects in its kitty, the region, which has recently seen great improvement in the law and order situation, is now wooing investors from all over.



“It has great scope in the Northeast. There has been a marked improvement in the road, power and telecom sectors in the last few years,” said H.K. Paliwal, joint secretary of DoNER ministry.



“Two information technology parks are going to be set up in the region to provide quality infrastructure to the investors,” he said.



“Moreover, the Northeast is the only region in the country to have Internet access upto the block level. With eight engineering colleges in the region churning out skilled professionals every year, human resource is not a problem either,” he added.



Government organisations, such as the Northeastern Development Finance Corporation (NEDFi), are also offering financial assistance to potential investors.



Besides, states like Assam and Meghalaya have come up with their IT policies. “As a part of the policy, these states are offering developed land to investors at reasonable rates,” said Jayanta Madhab, the economic and financial advisor to the government of Assam.











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