The National Association of Software and Services Companies (NASSCOM)- India is prepared to extend support to about 10,000 new IT&BT industrial enterprises in Tier-II cities of the State, especially in Mysore, said NASSCOM Chairman Krishnakumar Natarajan.

He was speaking at the conference on ‘Mysore — The emerging IT destination,’ the maiden conference for the year 2013 conducted by the Department of IT, BT and S&T, Government of Karnataka, at Hotel Regaalis in city this morning.

He said that the total export turnover of Mysore’s IT industry, pegged at Rs. 5,000 crore, can be raised to Rs. 15,000 crore in a few years through promoting more IT-related industries. After earning huge profits during the first investments more than a decade ago, many IT industries have made second time investments in the field which indicates that the IT sector has great potential if given the boost by the government.

Confederation of Indian Industriy (CII)- Mysore Chairman Nagarajan Srinivasan, who is also the Head of Infosys Mysore, speaking on the occasion, said that with an income of Rs. 1,35000 crore per annum, the IT&BT sector is the third major exporter of India with a turnover of $26 billion.

The IT&BT sector has now diversified into animation and other fields because of which it has gained more potential, he said and added that Karnataka plays a major role in the field by encouraging IT industries in Tier-II cities like Mysore.

Deputy Commissioner C. Shikha, addressing the gathering, said that during the IT boom in the year 2,000 some IT-based industries came to Mysore. However, in the next decade, IT entrepreneurs did not show much enthusiasm to invest in the city, she said and attributed it to certain bottlenecks like lack of air-connectivity, good roads and other infrastructure.

The present government has taken the development of IT sector as a priority, said the DC and opined that apart from setting industrial units in the city’s outskirts like Hootagalli and Metagalli, the locals of those villages must be involved for mutual growth.

Mysore Chamber of Commerce and Industry (MCCI) Chairman Sudhakar S. Shetty, recalling the Global Investors’ Meet held in Mysore during June 2012, said that there was a very good response from industrialists to invest in Mysore, but the lack of infrastructure is discouraging them.

Courtesy : Star Of Mysore