To promote investment in Information Technology (IT), Information
Technology enabled services (ITES) and electronic hardware manufacturing
(EHM) units, the Government of India has envisaged a transparent and an
investment friendly policy for setting up Information Technology
Investment Regions (ITIRs) – a Gazette notification dated 28.05.2008
published a policy resolution for setting up of ITIRs.
There has
been an increasing recognition of the importance of policy initiatives,
enabling legislation and conducive regulatory environment in
facilitating growth of economic activity. The Information Technology
Investment Regions (ITIRs) is such an initiative being encouraged by the
Government of India – different states are at various stages of
planning these investment regions.
Based on the policy guidelines
of the central government, the government of Andhra Pradesh (GoAP) had
notified Information Technology and Communications (IT&C) department
as the nodal department for ITIR development in Andhra Pradesh.
IT&C department had prepared and submitted a detailed Project
Proposal for approval to the central government in January 2010. The
Andhra Pradesh ITIR proposal was then presented to a High Powered
Committee (HPC) at the GoI level, in August 2012, for final approval.
The HPC has recommended AP ITIR for In-Principle approval and suggested
that a Detailed Project Report (DPR) shall be submitted for Final
Approval from Cabinet Committee for Economic Affairs (CCEA).
Two
years after the Andhra Pradesh State government sent its proposal for
ITIR and clarified to the observations made by ministries concerned such
as Information Technology, Commerce, Industries, Railways, Finance and
Environment etc., the High-Powered Committee (HPC) headed by Union
Cabinet Secretary recommended in-principle approval to the APITIR
project in August 2012. In September 2013, the Cabinet Committee on
Economic Affairs(CCEA), chaired by Prime Minister Manmohan Singh,
approved ITIR near Hyderabad subject to certain conditions.