CII welcomes AP IT policy, suggests reforms to help industries

It suggested introducing various reforms in land allotment, incentives approval, provision of infrastructure, permissions for commencement of operations, and processing of incentive claims. In fact, the new policy has given adequate thrust on infrastructure, development, and approval reforms with focus on concept cities, it said in a statement.

Datla Tirupathi Raju, chairman of CII Andhra Pradesh and executive chairman of Vijaynagar Biotech Pvt. Ltd, said the establishment of IT Technologies Research University would build the required ecosystem for the Industry 4.0 technologies and create new opportunities for youth. The new policy has given ample scope for the IT industry to have partnerships with universities to promote niche and emerging technologies such as cloud, blockchain, IoT, cybersecurity, and data analytics, he said in a statement.

He felt that the Comprehensive Investment Portal to handle all project applications and permissions would help the companies invest in the state and added that the new policy has also given scope for work from home which is fast emerging as a trend in the IT sector which would be a major boost for Andhra Pradesh youth. He said the new policy will encourage more start-ups in the state.

G. Murali Krishna, the convenor of CII Andhra Pradesh IT and Electronics Panel, said the IT policy provides incentives to companies to generate employment, including work from home, that will not only help IT companies and IT professionals affected by the pandemic but also immensely benefit the local economy through direct and indirect employment. "We look forward to the setting up of IT and emerging technologies research university in Vizag, in which we would like to play a role by promoting research and skill development in smart grid, smart cities, and intelligent infrastructure-related technology solutions," he added in a statement.