Brief Overview of the Project
The Government of Uttar Pradesh has created a congenial environment for investors with the launch of progressive and sector focused policies like IT Policy 2012 and IT & Start-Up Policy 2016. 1500 Crore HCL IT City project is an outcome of fruition of IT Policy, whereby several benefits have been conferred on HCL under the policy.
The policy specially focuses upon the development of IT industry in Tier-II & Tier-III cities of Uttar Pradesh including entire state. A link to the same is 100 Acre HCL IT city in Lucknow has been envisaged by the state government to promote the IT/ITeS sector and increase the export of IT services from Uttar Pradesh. The project is awarded to Vama sundari Investments (India) Private Limited, which is a group company of HCL.
To facilitate and smooth implementation of HCL IT City project, Government of U.P (GoUP) has appointed UPLC (Uttar Pradesh Electronic Corporation Limited) and Policy Implementation Unit (PIU) under Department of IT and Electronics as Nodal agency.
“HCL IT City” project is a distinguishing project in the field of IT Infrastructure development. It is one of its kind of project which is developed, operated and maintained under Public Private Partnership (PPP) model. In the HCL IT City, 60% of land is earmarked for core area activities in the field of IT/ITeS and 40 % land has been designated for non-core activities in the field of commercial, residential, healthcare, education and other services. It is expected that total employment generation for 75,000 will take place from HCL IT City, whereby 25,000 people would benefit from direct employment and 50,000 people would benefit from indirect employment.
HCL IT City is based on “walk to work” model whereby hostel, residential and office facilities would be available within one premise. A Skill Development Centre (SDC) is being built on 10 acre land within the HCL IT City. SDC would impart training to youth in the state, equipping them with IT employability skills, which thereby would lead to gainful employment. The SDC would churn out 1000 students each year in the initial phase, which would be expanded to 5000 students each year in the later phase. Further, the state government is providing financial aid to students through support of INR 5000 per month of tuition fees for this program.
The IT City Lucknow has also been given the status of Special Economic Zone (SEZ) by the Government of India and the IT units coming under the IT city would be eligible for all the benefits and incentives available under Uttar Pradesh IT Policy 2012. The development of IT City at Lucknow will considerably increase the IT Exports from the State and would result UP being one of the leading states of IT Exports.
HCL IT City Lucknow has been adjudged amongst the “Top 100 Projects in India” for the year 2016. A Jury of eminent experts and Skoch Secretariat have made this selection after going through a large number of nominations and presentations.