TCS, Microsoft spur IT boom in Guj

Posted on Thursday 27 July 2006

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Ack:- Parchuri Gopikrishna

With the entry of IT giants like Tata Consultancy Services (TCS) and Microsoft, Gujarat is hoping for a boom in this industry.

“Earlier we were not able to attract investments because there were communal riots, the attack on the Akshardham temple and so on. Now it is happening at the Infocity,” said Anupam Saxena of Creative Infocity Ltd, which holds a major stake in the IT park project promoted by the state government.

He said government policies had led to a reduction of around 40 percent in the cost of setting up IT businesses in Gujarat.

Along with Microsoft and TCS, around 40 companies are at the Infocity, which is close to the state capital Gandhinagar and was constructed in 2000.

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