Hyderabad IT Summit to replace GITEX India
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Hyderabad IT Summit to replace GITEX India

Thursday, 13 September 2007, 07:00 Hrs
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Hyderabad: The Andhra Pradesh government has decided to hold a Hyderabad IT Summit in March 2008. This event will replace the Global Information Technology Exhibition (GITEX India), held annually in the city since 2002.

The state government is scouting for a partner for the event, where many global and national IT companies are expected to participate. A key feature of the three-day event will be an India-US software conference, which is likely to be attended by software giants from both countries.

The government decided to replace GITEX India, organised in partnership with Dubai World Trade Centre (GWTC), with the Hyderabad IT Summit due to the failure of GITEX to attract global companies.

The decision was taken during a visit by a high-level delegation of state officials to Dubai led by state IT minister R. Damodar Reddy. During its four-day visit that concluded Tuesday, the delegation held talks with DWTC authorities, attended GITEX Dubai and held talks with various companies to invite investment in the state.

Damodar Reddy told a news conference Wednesday that their visit to Dubai was successful, as many companies had shown keen interest to invest in Andhra Pradesh. He expects an investment of 60 billion in IT, ITES and telecommunications in the state.

The minister said Ras Al Khaima Free Trade Zone Authority of Dubai alone was keen to invest 40 billion. He invited Sheikh Saud Bin Sagr Al Qassimi, crown prince and deputy ruler of Ras Al Khaiama (RAK) to visit Andhra Pradesh for trade talks.

Dubai Holdings, Etisalat, Dubai Internet City, Media City and other companies have also shown interest to invest in the state. "The discussion with these companies are at a preliminary stage and details will emerge in the coming days," the minister said.
Source: IANS
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