| MD SIDCO Amit Sharma lures IT based firms to come, invest in J-K | | |  Agencies
KOLKATA, Nov 29: As part of his 'mission' to attract top investments in Jammu & Kashmir, Managing Director, J & K State Industrial Development Corporation (SIDCO) Amit Sharma shared the competitive advantage of setting-up IT and IT-enabled service facilities in the state to the top such firms of the world.
Amit gave his presentation and vouched for investments in J&K during the three day Express Technology Sabha organized here by Indian Express Group for PSUs from all across the country.
While putting facts about reaching out to J&K in terms of future ventures and investments, MD SIDCO elaborated that new IT Parks are coming up in the state as per 'broader vision' of J&K Chief Minister wherein these IT firms can opt for either plug and play model or brick & mortar model, depending upon the need, requirement and nature of operations.
Amit mentioned about the competitive advantage of J&K in terms of cheapest land availability, cheapest power tariffs, tax advantage and lot of other concessions and incentives which are best for upcoming investors.
He shared the same information during the inaugural panel discussion of conference on "Renewing & Building New Capabilities in PSUs with Technology Innovations" which included CMDs and CEOs of PSUs in which Anant Goenka, Whole time Director and Head-New Media, The Express Group moderated and Vimal Wakhlu, CMD TCIL, Jaiveer Srivastava, CMD, The Fertilizers and Chemicals Travancore Ltd and Brig B.D Pandey (Retd.), MD, The BBJ Construction Co. Ltd. also participated.
Prior to this, the MD SIDCO also shared the dais along with Finance, Industries and IT Minister, West Bengal Amit Mitra for the launch of a Technology-related book created by SAP in collaboration with Express group. He said this is the most conducive time to invest in smaller cities like Jammu and Srinagar as big firms have realized the fall-outs of working in big metros such as high attrition rate, high cost of operations, vast distances and huge compensation packages apart from paying high rates of taxation, etc.
Apart from this, Amit with his e-Governance background, also actively participated in three brainstorming power-packed discussions held on the sidelines of this Technology Sabha relating to vulnerability, threats, security solutions and latest cloud solutions in which CMDs of top PSUs like Indian Oil, BHEL and heads of top IT-solution brands like Microsoft, Baracudda, Websense and lot of experts from the IT-Industry also participated. |
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