IT Parks of Bhopal, Indore and Jabalpur in Madhya Pradesh have a golden opportunity for IT companies and institutions to take up plots where they will be able to employ local youth as well as have healthy business competition with international IT companies.
Principal Secretary, Department of Science and Technology, Amit Rathore informed that proposals have been invited again on August 27 for 24 plots in Bhopal, 2 in Indore and one in Jabalpur. Investors will have to submit their proposals by September 16.
Technical proposals is opened to all from September 17 as per the condition of the proposal and allotment of plots to eligible units will be done according to a transparent process.
The structure developed as IT Park
IT Parks have been developed by the Department of Science and Technology, Government of Madhya Pradesh in major cities of Bhopal, Indore, Jabalpur and Gwalior.
212 in Bhopal, 164 in Indore, 64 in Jabalpur and 100 acres in Gwalior were made available in these parks.
Madhya Pradesh State Electronics Development Corporation has been made the nodal agency for the development of IT parks in these cities and to attract investors. Madhya Pradesh Housing Board has been appointed as the construction agency for the development of the parks.
Investment and attractiveness of investors
Madhya Pradesh IT, ITES and ESDM Investment Promotion Policy and Scheme 2016 was implemented by the Madhya Pradesh government in the year 2016 to provide employment to the youth of the state and to attract maximum investment in the state to promote investment in IT parks.
Land on lease for 99 years to investors
There is a provision for allotment of developed land at concessional rate to the units willing to invest in the state on a lease of 99 years.
The units to whom the plots have been allotted in the past have been able to produce buildings from their units by constructing the building on the land and developing the necessary infrastructure.
Work has started. The youth of the state are getting employment and the state has also started getting revenue. Various types of assistance like capital investment interest, skill gap and registration reimbursement are being given to the investment units by the government.
Sufficient space even for small units
There is also enough space in various IT parks of the state for small units or such units who want to start their business soon. 1 lakh in Bhopal, 3 lakh in Indore, 80 thousand in Jabalpur and about 1 lakh square feet in Gwalior have been made available in the modern building of IT parks.
Companies can start their business in these buildings even at minimum rent per month. Many companies are currently doing their business in this space as well. These companies are provided a built-up area for a period of up to 30 years.
Bhopal IT Park
IT Park has been developed in Bhopal on 212 acres near Rajiv Gandhi Technical University, at a distance of 2 km from Raja Bhoj Airport and 5 km from Railway Station.
116 plots of different sizes have been developed in this park. Modern level development which includes wide roads, construction of 132 kV and 33 kV sub-station in the campus for power supply, which will supply 24 hours LT and HT electrical line besides water supply from Narmada pipeline through over tank, sewage line and STP Construction of 07 gardens on about 40 acres for horticulture as well as trade pavilion, shopping complex, space reserved for empty theater, rainwater drainage system, street light, modern trench for networking cable as common arrangement, Covered Campus, Security Gate, Security Guard Arrangement, Cleanliness Arrangement, Garden Maintenance, 24-hour staff availability for electrical maintenance, etc.
All modern facilities have been made available by the government to the investors. Till November 2020, 59 plots were allotted to various units in this park on a first come first serve basis. In the year 2021, it has been decided to make allotment of plots through tender by adopting a transparent process.
This process has increased the interest of investors for investment and plot allocation and as a result of this, even in the era of Corona, through tender in January 2021. Allotment of 30 plots in Bhopal was done according to a transparent process and a lease deed was done. Presently some of the major companies to whom the plots have been allotted are Soluzione, Appointy X-tranet Technologies, STPI, NIC, Dauto, Cyber futuristic, Noida, Technotask, Green Surfer, Future Green and HLBS.
Modern building on 5 acres of land
The construction of a modern building was completed in the year 2018 by the corporation on 5 acres of land in the park located in Bhopal. There is a provision to give about 1 lakh feet of built-up area in this building to various IT companies on a monthly rent basis on lease for 30 years. Presently 10 companies have taken the built-up area in this building or are in the process of taking it. Which mainly includes Artech (US), DoIT Lean India (Europe), MP Online, Sutherland (US), TCS and V-Group.
