Indore’s Transformation into a Premier IT Hub Aided by MP’s Innovative IT Policy, Reveals Science & Tech Principal Secretary Nikunj Shrivastava
Indore, the Emerging Tier-1 City, Beckons IT Giants with State’s Progressive IT Policy
Indore, Madhya Pradesh, is set to ascend to tier one city status, largely thanks to the state’s groundbreaking Information Technology (IT) policy, according to Nikunj Shrivastava, the principal secretary of science and technology in the MP government. Speaking at a recent event held at the Brilliant Convention Centre, Shrivastava detailed the various components of the new IT policy, emphasizing its potential to attract major IT players to the city.(Indore, the Emerging Tier-1)
The Road to IT Excellence: Insights from Nikunj Shrivastava
Analyzing the policies of competing states, Shrivastava revealed that the new IT policy was formulated with the successful models of Bangalore, Hyderabad, and Pune in mind—cities that have gained recognition as IT hubs. The policy comprises three key components: providing special provisions for CAPEX support to infrastructure developers, enhancing capital subsidy capping to support the Electronic System Design and Manufacturing (ESDM) sector, and offering rental assistance and employment generation support for businesses.
Indore: The Ideal Destination for IT and Commercial Real Estate
Founder of Synergy Consultants, Parul Dawar, highlighted the numerous advantages that make Indore a compelling choice for IT giants. Situated in the heart of India, Indore’s rich history as a trading and textile hub, coupled with its clean environment and low seismic zone location, make it a highly desirable destination. The city’s warm Malwi hospitality adds to its appeal, making it an attractive place for IT companies to grow and thrive.
Indore’s Rise as a Safe Haven for Women in IT
Indore provides a secure working environment, especially for women, noted Commander Jayant Konde (Retd), Chief Administrative Officer at Persistent Systems Ltd. Initially hesitant to set up an office in the north, Konde’s perception changed during the lockdown period when the talent pool shifted to tier 2 cities. Even after the lockdown, Indore’s allure proved difficult to resist for those who had relocated.
Unlocking Indore’s Potential: How the State’s Innovative IT Policy Is Paving the Way for IT Giants
With the implementation of the forward-looking IT policy and its abundant advantages, Indore is well on its way to becoming the next prominent IT hub, drawing attention from major IT players and heralding a new era of prosperity for the city.