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CII  Welcomes Andhra Pradesh Information Technology Policy 2021-24 

CII-organises-e-conference-on-industrial-safety

 New IT Policy created framework for attracting Investments in New Technologies, Say’s Mr Datla Tirupathi Raju, Chairman, CII Andhra Pradesh 
 
Confederation of Indian Industry, Andhra Pradesh chapter in a statement welcomes Andhra Pradesh Information Technology Policy 2021-24 which was released by Government. 
 
As a part of Policy consultations with Industry, CII suggested to Government to cut down complexity for the industry in moving from the initial planning phase to operationalization phase by bringing various reforms in land allotment, incentives approval, provision of infrastructure, permissions for commencement of operations and processing of incentive claims. Infact, new policy has given adequate thrust on infrastructure,  development, approval reforms with focus on Concept Cities, said in a statement. 
 
Mr Datla Tirupathi Raju, Chairman, CII Andhra Pradesh & Executive Chairman, Vijaynagar Biotech Pvt ltd said that establishment of IT Technologies Research University would buildup required ecosystem for the Industry 4.0 technologies and create new opportunities for youth. The new Policy has given ample scope for IT industry for having partnership with Universities to promote niche and emerging technologies such as cloud, block chain, IOT, cyber security and data analytics etc in the coming days, he added in a statement. 
 
Comprehensive Investment Portal to handle all project applications, permissions would help the companies to invest in the state, he felt. The New Policy has also given scope for work from home which is fast emerging as a trend in IT sector which would be a major boost for Andhra Pradesh youth. 
 
The Policy offers end-to-end support for startups like plug and play office space, access to investors, mentors, talent pool, funds through venture capitals, private equity firms and other commonly shared services on a variable chargeable basis is greatly welcomed by Industry. Mr Tirupathi Raju felt that new policy would encourage more startups in the state. While referring to the disbursement of incentives to industry, he said that the Policy has fixed the time frame of 6 months to the eligible enterprises from the date of issue of the sanction order.  
 
Mr G Murali Krishna, Convenor, CII Andhra Pradesh IT & Electronics Panel said that IT policy announced by the Andhra Pradesh recently is a welcome move of incentivising companies for employment generation including work from home and gig workers. This well thought-out move in consultation with IT industry would not only help the 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 statement.

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