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Home Electronics News

State proposal for setting up an Information Technology Investment Region (ITIR) approved

Electronics Maker by Electronics Maker
April 7, 2015
in Electronics News
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Hyderabad, India:

The Cabinet Committee on Economic Affairs (CCEA) of Hyderabad has approved the state’s proposal for setting up an Information Technology Investment Region (ITIR) in the city. Hyderabad has become one of the big industrial hubs of the country as it is getting major investment boosts. The ITIR covers Gachibowli, Madhapur, Maheshwaram, Mamidipalli, Raviryal and Adibatla in the south and Uppal and Pocharam areas. The project is modeled along the lines of Shenzhen SEZ in China with a spread across an area of 50,000 acres and an investment potential of Rs. 2.19 lakh crore in Information Technology and Electronic Hardware manufacturing. Development of one fourth of ITIR’s area is undertaken by Aliens Developers Private Limited.

Aliens Group has been one of the foremost builders of projects at ITIR. The Group’s one of the projects is called Aliens Sky Park which is located at Zone I of ITIR and is spread across 34 acres of land on Sri Sailam highway on the Growth Corridor. The project is a business-centered avenue with Business Centres, Commercial Areas and Modern Apartments in its premises.

Aliens Group is one of the biggest townships of South India. It started operating in the year 2004. The group has delivered various projects including Aliens Space Station, Aliens Elite, Aliens Valley, Aliens Montes, Aliens Ebony, Aliens ALP and many more. With the motto of “Intelligent Living”, the Group is headed by Mr. Hari Challa.

Mr. Hari Challa serves as the Chief Executive Officer at Aliens Developers Private Limited. He is a Pilot by profession and was the Founder of Aliens Group. In a short frame of time of ten years, Mr. Challa has been able to take the Group to great heights. Today the group is one of the prime constructors in the project of ITIR which is jointly being developed by the government of India and government of the state of Telangana.

 

Tags: IT
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