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Advantage IT @ Punjab

Home>Advantage IT @ Punjab> Current state of IT/ITeS industry in Punjab
Current state of IT/ITeS industry in Punjab
Punjab has been steadily acquiring a strong national footprint as far as the services sector is concerned, with the IT/Knowledge Industry gaining prominence in the state. STPI Registered Units : Punjab The Export from 326 units registered with STPI Mohali was to the tune of Rs. 827 cr in 2008-09. Over the last five years, the growth in exports from STPI Mohali has been at a CAGR of 21.75% with exports from units in Punjab growing at a rate of 26.80%.

The units registered with STPI Mohali are a mix of IT/Knowledge Industry companies. Most of the companies in Punjab which are registered with STPI Mohali are focused on the business of e-commerce, medical transcription, system software development and providing web based applications.

Punjab as an IT/Knowledge IndustryIT units refer to companies in the IT hardware, IT software and other Knowledge Industry units such as Biotechnology, Nanotechnology, and Telecommunications etc. IT software industry includes IT software, IT services and IT Enabled Services.

Knowledge Industries include IT/ITES, Nanotechnology, Consulting, Biotechnology,electronics, and telecommunications. This also includes Research and Development services and other specialized Institutions.
destination has distinct advantages such as proximity to Delhi and NCR and availability of cost effective manpower. Due to the lower cost of operations in Punjab as compared to other destinations, the IT/ITeS investors are now keen to explore the potential of Tier II and III destinations of the State which are fast emerging as knowledge hubs.

The Government of Punjab had initiated the development of IT/Knowledge Industry at a State level with Mohali being a well established IT/Knowledge Industry hub. The district possees global technology majors such as HCL Infosystems, Dell, First Source and Quark Year on Year Growth - STPI Mohalispread over an area of 51 acres with a potential to generate 37,000 direct and indirect jobs. Presently, Mohali has the largest concentration of IT companies and scores high on industrial infrastructure owing to an existing IT SEZ and a major share of the upcoming IT infrastructure that includes 6 IT SEZs and 9 IT Parks and Entrepreneurship Development Centre at Mohali. All the IT parks have got formal approval from the Government and are envisaged to be completed by 2011-2012.

A Knowledge City, spread over 381 acres is being set up at Mohali comprising of esteemed institutions including the proposed Indian Institute of Science, Education & Research (IISER), Indian School of Business (ISB) and National Agro-Food Biotechnology Institute (NABI). Also proposed in the district is a 306 acre MRTS, an international airport, expressway, ring road, 4 malls, habitat centre and a 5 star hotel.

Meanwhile, NASSCOM has considered cities in Punjab such as Ludhiana and Jalandhar having high potential for attracting IT/Knowledge Industry business. The State is prioritizing some clusters such as Mohali-Roopnagar, Jalandhar-Kapurthala, Ludhiana and Rajpura-Patiala for the development of IT/Knowledge Industry. An area of 226 acres has been earmarked for industrial development with close to 100 acres being marked for establishment of ITeS industry at Kapurthala. An area of over 280 acres has been demarcated for the development of an IT Park in Roopnagar adjoining the upcoming IIT.

STPI Export and Top 10 Exporters as in IT Presentation :

Key Units Exports (2008-09) (INR crore)
Infosys Technologies 247.14
Dell International Services India P. Ltd. 124.78
IDS Infotech Ltd. 41.51
Seasia Consulting 38.78
Quark Media House (I) P. Ltd. 32.92
Fidelity Information Services (I) Pvt. Ltd. 26.11
Smart Data Enterprises 13.6
Mobera Systems Pvt. Ltd. 10.96
Aniki Exports 9.15
Ion Solutions Pvt. Ltd. 9.09
 

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