Govt approves Rs 20 crore for IT park facility in Nashik

Satish Kulkarni, Nashik Mayor, told the media that the central government had approved the grant of Rs 20 crore for developing a common facility centre (CFC) for the proposed IT park in Nashik. He said that the Nashik Municipal Corporation (NMC) is organising a meeting on the IT sector, chaired by the Minister of Micro, Small and Medium Enterprises (MSMEs), Narayan Rane. NMC would also sign a Memorandum of Understandings (MoUs) with some IT firms. Recently, NMC invited Expression of Interest (EoI) to develop an IT park within the limits of NMC in a joint venture (JV), where the residents have land with 50 acres or more. Kulkarni said that the corporation had received a good response from the landowners who provided 335 acres of land on lease for 33 years. He added that the Ministry approved Rs 20 crore to develop a CFC at the IT park. The corporation has made additional funding of Rs 100 crore from the government. The proposed IT park facility is the brainchild of Kulkarni, who had called a special general body meeting of the civic body on this issue last year to take approval. He said that the department is expecting 100 IT units to attend the conference that will be held in Nashik.NMC will sign MoUs with the IT firms to set up their base facility in Nashik.The Ministry will also appeal to the IT firms to develop their satellite units in the IT park with around 300-500 employees. Image Source Also read: NMC provides 3 months extension for offline building plans approval