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Govt to set up IT investment regions

September 12, 2007 17:12 IST
The government is conducting a study to set up IT investment regions which would help attract global investments.

The IT investment regions would help the global companies identify suitable locations for their investments, IT and Communications Secretary Jainder Singh told PTI on the sidelines of Elcomp India 2007.

However, he refused to give any further details on this.

Earlier, while speaking at the event he said an eight-member
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Chinese delegation is visiting India today. The government would discuss with the visiting team ways to boost the manufacturing sector.

Singh said India still lags behind in the electronic hardware manufacturing sector.

Globally, the electronic hardware design market would increase significantly to $155 billions in the next 20-30 years from $43 billion at present.
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