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New IT corridor coming up

An information technology knowledge corridor will be set up in Hyderabad by acquiring 20,000 acres from 32 villages around the city. Hardware parks would also be set up by acquiring 5,000 acres near Hyderabad, said Mines and Geology Minister and District Incharge Minister P Sabitha Indra Reddy.

She told reporters here on Sunday that the Government was committed to the development of IT in Tirupati, Vijayawada, Visakhapatnam, Warangal and Kakinada. She said already two companies had come forward to establish IT companies at Tirupati and a Non-Resident Indian was keen to set up an IT company at Warangal.

She said 15 companies including Satyam Computers were allotted sites at Visakhapatnam. Chief Minister YS Rajasekhara Reddy would review the issue of setting up IT industries in the State on August 8.

The Minister said she would organise fortnightly teleconferences with district officials to monitor the implementation of government schemes and for improving the skills of the officials.

She said one-lakh acres would be distributed to the poor on August 21 at a meeting expected to be attended by Prime Minister Manmohan Singh in Hyderabad.
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