Amritsar is all set to be the next IT hub

After Mohali in Punjab, decks have been cleared for Amritsar to be the next Information Technology (IT). It is expected that this act will prove to be a growth engine for the holy city and also provide opportunity to teach children the technical know-how of manufacturing various products, like mobile, computer, TV, digital watch, etc. The staff will also help entrepreneurs to sell and market their products.

IT hub, Amritsar, information technology. Punjab, India
Image for representational purpose only

The Software Technology Park of India (STPI), an autonomous society under the Department of Electronics and Information Technology, Union Ministry of Communications and Information Technology, had allocated IT projects for Mohali and Amritsar in 2012 during the SAD-BJP regime.

After an year-long search, a chunk of land measuring 2.72 acre was also demarcated for the project at the New Industrial Focal Point on the Vallah road on September 23, 2013.

A month later, the possession, too, was handed over to the STPI by the Punjab State Industrial Export Corporation (PSIEC), and the Union Minister of Communications and Information Technology Ravi Shankar Parsad had laid the foundation stone on November 1, 2016. Nonetheless, it got delayed due to technical hitch in sanctioning the building plans.

A grant of Rs 20 crore has been sanctioned for the project. A multi-storey building proposed to be spread in 30,000 sq meter area will be constructed under the project which will house multinational companies. 75 per cent of the area will be for IT development and its allied activities whereas 25 per cent has been earmarked for other commercial activities, reported The Tribune.

- Advertisement -
Loading form…

Industry's Buzz

thyssenkrupp

thyssenkrupp Expands Automotive Electronics R&D In Pune

0
thyssenkrupp Automotive Technology is expanding automotive electronics and software R&D in Pune, planning to grow its engineering team beyond 300 to support global programmes...

Nuuk and EPACK Durable Partner to Manufacture Small Appliances in India

0
Direct-to-consumer brands team up with contract manufacturers to boost domestic production of air fryers and circulator fans.  Direct-to-consumer (D2C) home appliance brand Nuuk has joined...

Potential US Curbs Bears Down on Chinese Optical Chip Stocks

0
Shares of upstream laser chip suppliers suffered steeper declines compared to downstream optical transceiver manufacturers. A report by Morgan Stanley, earlier this month, warned...
Prime Minister Modi

Modi Flags 6G And Domestic Electronics Production At IMC 2026

0
Prime Minister Narendra Modi has outlined India's next telecom priorities at India Mobile Congress 2026, linking the 5G-to-6G roadmap with semiconductor production, domestic electronics...
Fujitsu

Fujitsu-Owned 1Finity Deploys 200+ Engineers To Expand India’s Optical Networking Business

0
Japan’s Fujitsu-owned 1Finity is expanding its India networking business with more than 200 engineers as AI and data-centre growth drives demand for optical networking...

Learn From Leaders

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

India Needs Not a Hundred, But Thousands of Chip Diversified Companies 

0
Can India build a semiconductor ecosystem beyond fabs? Indiesemic believes thousands of diversified chip companies are needed to make that possible. India’s semiconductor push is...

Startups

PowerMon

Aquaexchange Brings Monitoring And Automation To Shrimp Farming

0
The startup has developed an AI- and IoT-enabled platform that helps shrimp farmers manage farms, access financing, monitor operations, and connect with markets. The startup...

Drone-Like Aircraft For Logistics From BluJ Aerospace

0
Hyderabad-based BluJ Aerospace is developing indigenous electric and hydrogen-powered vertical take-off and landing (VTOL) aircraft for remote cargo transport. BluJ Aerospace, a Hyderabad-based aerospace startup...
Jash Jetly, Co-founder and CEO of EVE

“The cloud isn’t the only way to run AI. We’re proving it can happen...

0
A startup is building a decentralised AI and communication network that runs across everyday devices instead of centralised cloud servers. In an interview, Jash...
Mohit Gupta, founder and CEO, TYLsemi

Building AI Chips, One Block at a Time 

0
What if building an AI chip became as simple as assembling reusable blocks? The startup is working to make custom silicon accessible beyond the...
Seema Johar, Co-Founder and Product Director, Compcarta Solutions Pvt Ltd

“We Let Designers Focus on Innovation, Not Infrastructure.”- Seema Johar, Compcarta Solutions

0
In an exclusive interview, Seema Johar of Compcarta speaks with EFY’s Akanksha Sondhi Gaur about why setting up an EDA environment can be harder...