Why Bhubaneswar:
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Current IT Scenario & Growth of IT exports at Bhubaneswar: | |||||||||||||||||||||||
| A land of opportunities, Bhubaneswar the State Capital of Odisha, has already scaled enviable heights of achievements in IT exports, churning out IT professionals, creating IT infrastructure etc. The export turnover of STPI Bhubaneswar has grown from nil during 1994-95 to a staggering Rs. 1800 Crores in 2012-13 by putting the State in a commendable position in IT map of the country. It is heartening to note that State of Odisha has achieved 10th position among the Indian States in IT exports. | ||||||||||||||||||||||||
| Odisha is the only destination in the Eastern India where all four IT majors such as Infosys, TCS, Wipro and Mahindra Satyam have set up their Development Centres. Ironically Bhubaneswar was among first three cities along with Pune & Bangalore where Govt. of India had established STPI centres during the year 1991. The IT major Infosys was set up its first offshore Development at Bhubaneswar outside Karnataka during the year 1996. Needless to say all above speaks about the IT potential enjoyed by the city. | ||||||||||||||||||||||||
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Talent pool: | |||||||||||||||||||||||
| The State of Orissa has 16 Universities, more than 100 engineering colleges and a good no. Schools offering MCA and MBA courses. There are more than 1000 government, affiliated and private degree colleges offering BA, B.Com and B.Sc courses. These colleges together produce over 40,000 professionally qualified technical and management graduates and some 50,000 general graduates. Bhubaneswar is emerging as a hub for technical and management education. Many reputed MNCs recruit sizable number of entry-level work-force from Bhubaneswar and other cities like Rourkela, Sambalpur & Berhampur; | ||||||||||||||||||||||||
| The presence of Centres of Excellence like IIT Bhubaneswar, IIIT Bhubaneswar, NISER Bhubaneswar, National Law School Cuttack, Central University Koraput has taken the standard of education to a very high level. These institutes provide mentoring to their counterparts to help them come up the ladder of excellence in education, teaching methodology, grooming of faculty and students as well as research. | ||||||||||||||||||||||||
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Industrial Climate/ Business Potential | |||||||||||||||||||||||
| Endowed with rich mineral resources and surplus power, the State has attracted investment intentions to the tune of over US$100 billion to be spread over next 7-10 years in sectors like metals, petrochemicals, power, IT, hospitality and higher education. Business conglomerates like Tatas, Aditya Birla, Vedanta Group, POSCO, Reliance ADAG have made Odisha their destination of Choice. These investments in turn would create newer opportunities and market for local IT industries. | ||||||||||||||||||||||||
| Odisha, with its abundant mineral and IT resources, a long coastline, excellent infrastructure, investor friendly Government policies and programmes, skilled workforce, political stability and warm and hospitable people is destined to become the destination of choice for the most discerning investors | ||||||||||||||||||||||||
| Today, the state has caught the eyeball of the business world and is home to several Indian and global industry leaders who have found their preferred turf to take on the world from here.
That’s what the Industry experts say
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| According to NASSCOM -AT Kearney Study Report, Bhubaneswar was among top 15 Tier II cities which can comfortably challenge the leaders. All the locations were analyzed on the parameters like talent pool available, infrastructure, social environment, business enablers, Government support and cost of operations. | ||||||||||||||||||||||||
| Besides IT majors like Infosys, Mahindra Satyam, TCS & Wipro, SMEs like NetHawk, EXILANT, ESS, Aabsys etc. have their presence in the State Capital. Many more reputed IT companies are in the process of setting up of their units. This reflects the immense faith reposed by national and international investors in the State and the Capital City of Odisha has become a happening location in the eastern region. |
