MP signs IT MoUs worth Rs 300 cr
THE SIGNING of two memorandums of understanding (MoUs) between the BJP-ruled Government and two IT-enabled service companies in Bhopal on Friday will see an investment of Rs 300 crore in the State.india Updated: Nov 11, 2006 14:37 IST
THE SIGNING of two memorandums of understanding (MoUs) between the BJP-ruled Government and two IT-enabled service companies in Bhopal on Friday will see an investment of Rs 300 crore in the State.
According to the first MoU — signed between the State Government and a consortium of Teledata and Motorola — villages would be connected to district headquarters and Bhopal through wireless broadband connectivity.
Once networking systems become operational, it will result in backward linkage with some major companies like the ITC and the HLL. And depending on need in rural areas, quality seeds, pesticides and fertilisers will be made available through it to farmers at reasonable price. The initiative, to result in an investment of Rs 150 crore, will be a step towards e-commerce.
The second agreement was signed between the State Government and Genpact — a global provider of high-quality business and technology services.
As per the agreement, some 9,000 educated youths will be provided employment in the BPO sector. The company has wished to invest between Rs 150 crore and Rs 200 crore. The State Government has agreed to provide 50 acre land at Badwai village in Bhopal district.
Genpact senior vice-president Ashok Tyagi and chief financial officer Vivek Gaur signed the agreement. The first MoU was signed by Principal Secretary (IT) Padamveer Singh and Teledata vice-president Murtuza Sheriff.
Chief Minister Shivraj Singh Chouhan, who was present on the occasion, assured the two companies that they would not face any problem in the State and the State Government would provide all possible assistance. Inaugurating the ‘Madhya Pradesh. IT at Bhopal 2006’ in the State capital on Thursday, the Chief Minister said all steps would be taken to turn the State into an IT hub.
Padamveer Singh said both pacts would help in the development of human resources in the State. Information Technology Minister Kailash Vijayvargia and IT Additional Secretary Anurag Shrivastava were also present.
First Published: Nov 11, 2006 14:37 IST