Snapshot

• Presence of India’s leading IT companies such as Tata Consultancy Services, Infosys, Wipro, etc.
• Hub for IT/ITES and Start Ups in Eastern India
• Fastest growing software export market with a growth of 21% and poised to reach USD 3 billion by 2020.
• Abundant talent pool and presence of national institutions of repute such as IIT, IIM and IIIT along with leading private sector institutions.

Ecosystem

A. Infrastructure

• Info city , the largest IT park of the Eastern Region in India spread in over 300 acres
• Info-valley being developed on a 613 acre parcel at Bhubaneswar with a greenfield Electronics Manufacturing Cluster in an area of 215 acres
• Info Park in 54 acres with 4 million square feet of built-up space and ready to occupy buildings

B. Policy

• Dedicated ICT (Information and Communication Technology) Policy, 2014 providing attractive incentives to the sector including employment bonus to the companies.
• A unique Special Incentive Package Scheme in Electronics Manufacturing comprising of a Capital Investment Subsidy upto Rs. 50 Cr, VAT, Sales Tax & VAT reimbursement, interest subsidy, power & water duty exemption and entry tax exemption on machinery and equipment.
• In addition, the incentives and infrastructure available under the Industrial Policy Resolution -2015 shall also be applicable.

C. Incubation Support

• Two IT incubation towers over an area of 2 acres with plug and play facilities.

Investment Opportunities

• Electronics Manufacturing: Manufacturing of electronic components, industrial manufacturing, hardware assembling, semiconductor devices, telecom equipment, R&D facilities etc.
• IT Services: Software products, Shared Service Centres, Knowledge Process Outsourcing, IT consulting, software testing etc.
• Incubation and Start ups
• Development of social infrastructure in the form of residential and commercial facilities at IT SEZs and Infovalley