'Top IT companies in Punjab soon'

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Punjab Deputy Chief Minister Sukhbir Badal on Monday claimed that the State would be flooded with numerous IT companies of international repute in the next 18 months. 

“In the next one to one-and-half years, top IT companies will be in Punjab,” Sukhbir told the media-persons on the sidelines of a function during which he handed over letters for allotment of plots to 27 companies, including the Infosys.

He said that several companies of international repute had evinced interest to come to Punjab, adding that these companies had been allotted plots in Mohali with a price ranging from ` three to five crore per acre.

“Out of the 27 companies which were allotted plots today, 50 per cent are of international repute,” he said. Sukhbir said that Mohali would soon become an ‘IT hub’, adding that with the coming up of IT companies in Mohali, some 30,000 youths from the State would get employment.

“Mohali will be set up as an IT city in the next three years…The Government would allot about 1,500 acres of land to these companies to set up their units in Mohali and on the periphery of Chandigarh,” he added.

He said: “Mohali will become number one planned IT hub of the country…This would give economic boost to the state, especially Mohali.”

Sukhbir said that the plots allotted to the companies would be on lease for a period of three years, and the “State Government will monitor the progress of the companies on these plots on a regular basis”. Infosys will lay the foundation stone of its campus at Mohali on February 22, stated the Deputy Chief Minister.

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