The Madhya Pradesh government has given clearance in principle to give 100 acres each to information technology giants Tata Consultancy Services and Infosys Ltd.
Official sources said here that the decision was taken at a meeting on Wednesday of the State Cabinet chaired by the Chief Minister, Mr Shivraj Singh Chouhan.
They said that land to the two would be allotted in the super corridor of Indore at a rate of Rs 20 lakh per acre. Sources said the land would be given to the two companies on the condition that they will provide jobs to 100 engineers per acre and will also give 50 per cent jobs to domiciles of Madhya Pradesh.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.