Chandigarh, Jan 19 (ANI): New Information Technology (IT) hubs are coming up in India, which could give technology hubs like Bangalore, a stiff challenge in the near future.STPI plays a major role in helping bring in investment into the region.
Companies are moving in to Chandigarh and Mohali as the STPI provides state-of-the -art technology and special focus is laid on providing connectivity and bandwidth to software developers.
Already 260 companies have registered with the STPI in the IT sector and 135 out of these are actively exporting.
"The very fact that big players have started coming in goes on to say that this is the next destination if not the destination among two or three cities. We have US investors and in comparison to other cities, Chandigarh is way ahead in terms of infrastructure," said Ajay Tiwari, Chief Executive officer of a private player Smart Data.
IT Companies in Chandigarh are upbeat about the fact that they are operating in a modern city that is replete with all amenities. They say that the IT Park will certainly prove to be a boon for Chandigarh's IT scene.
Industrial body Nasscom says India's software and services exports are expected to rise 21 to 24 per cent to around 50 billion dollars in the year to March 2009 despite a downturn in the U.S. economy. By Sunil Sharma (ANI).
