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Home -> Finance -> Full Story

BangaloreIT.in: IT companies withdraw boycott
Thursday, September 22 2005 16:07 Hrs (IST) - World Time -

Bangalore: Captains of the IT sector agitated over infrastructure woes in Bangalore withdrew their boycott of Karnataka Government's flagship IT event here next month after the state assured them that basic problems in the country's IT hub would be addressed.

Paving the way for the smooth conduct of 'Bangalore IT. in 2005', the state's premier annual IT event which attracts global majors from across the world, Karnataka Government and the IT sector struck a 'truce' at a meeting called by Chief Minister N Dharam Singh to mollify the IT honchos who were up in arms against Government over infrastructure woes.

Karnataka government announced setting up of a six-member review committee, with equal representation to the industry and the administration to periodically monitor the progress of infrastructure projects to be initiated by it.

After a two-hour-long meeting, Singh told reporters that the Government has promised to upgrade the condition of ten arterial roads, construct 15 flyovers and slap an eight hour ban on truck movements to ease traffic congestion here

Responding to the government gesture, Infosys Chief Mentor N R Narayana Murthy declared, "there is no question of boycott of IT.in. The Government is organising the event for the benefit of the industry."

PTI



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