India City Woos Software Firms
HYDERABAD, India (AP) _ India on Sunday unveiled a technology park created as part of a campaign to woo software companies
Prime Minister Atal Bihari Vajpayee called the new park in the southern part of the country the ``biggest and most exciting development in the information technology sector in India.″
The 10-story building is part of the Hitech City project on the outskirts of Hyderabad, capital of Andhra Pradesh state. It was built a little over one year after state Chief Minister Chandra Babu Naidu promised Microsoft Corp. Chairman Bill Gates that he would improve the infrastructure there.
The park, spread over 160 acres, is estimated to cost the government $352 million.