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NBCC to establish 2 IT Towers in Srinagar, Jammu cities

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Development of IT sector imperative for employment generation: Lt Governor

BK News

Jammu, Jan 4: Jammu and Kashmir Government on Monday signed a memorandum of understanding with NBCC – a Government of India’s Navratna enterprise – to establish two IT Towers each in Srinagar and Jammu cities for Rs 100 crore.
JK IT Infrastructure Development Company and NBCC – a CPSE working in project development, construction and real estate – signed the MoU in presence of Lt Governor Manoj Kumar Sinha here.
The Lt Governor, according to an official statement, observed that the development of IT infrastructure in Jammu and Kashmir would go a long way in creating a conducive environment for Startups, economic growth and creation of employment opportunities.
“Growth of the Information Technology sector is imperative for economic growth and creation of gainful employment opportunities,” the LG said.
The Lt Governor said that improvement in the regulatory environment and business ecosystem has been a priority of the Jammu and Kashmir government. Several reforms have been implemented to promote industry and services, he added.
“We have enough money and resources to give a fillip to the Information Technology sector and last year alone, Rs 156 crore were provided to make a substantial investment for effective penetration of digital technology in the entire Jammu and Kashmir”, the Lt Governor said.
He said that many of youngsters from J&K, who are working in cities like Bangalore and Gurugram may also like to return and contribute to the government’s efforts of promoting innovation and entrepreneurship culture. The UT government is working with a vision to promote the latest scientific and technology driven innovations to make J&K self-reliant, he added.
“Now, this infrastructure is expected to significantly increase Jammu and Kashmir appeal to top national investors in the field of Information Technology and Enabled Services,” said the Lt Governor.
The Lt Governor set deadlines of 15 months and 17 months for completion of the IT Towers at Jammu and Srinagar, respectively, against the period of 24 months which was earlier set for completion of the projects.
Detailed presentations were given on establishment of IT Towers in J&K, proposed sites and plans thereof.
It was informed that the proposed amenities in IT Towers, Jammu and Srinagar include Raw Incubation space; Raw Office space; Plug and Play; Data room; Conference hall; Finishing school; Work-station; Cafeteria; Gymnasium/yoga room; Electrical room; HVAC, BMS, CCTV, Fire-fighting; Parking, STP, Sub-station; Landscaping & Horticulture.
Baseer Ahmad Khan, Advisor to the Lt Governor; BVR Subrahmanyam, Chief Secretary; Nitishwar Kumar, Principal Secretary to the Lt Governor; Manoj Kumar Dwivedi, Commissioner/Secretary, Industries and Commerce Department; PK Gupta, CMD NBCC; Ankita Kar, JK IT Infrastructure Development Company; MK Chawla, CGM NBCC and Ms. Anoo Malhotra, Director, Industries & Commerce, Jammu were present on the occasion.

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