the times of nut

Bangalore was getting saturated and Gurgaon got too crowded and marred by the red-tape. So the Indian IT industry went looking for fresh fields and pastures new and sure enough came back with its hands full if the recently concluded three-day IT conclave ‘E-Revolution 2005’,held at ‘The Taj’ Chandigarh is anything to go by.

For the uninitiated Chandigarh is the capital of the states of Punjab and Haryana, however being a union territory it is looked after by the central govt. Famous for its well planned layout, clean wide roads embellished with beautiful roundabouts and a lot of greenery, Chandigarh was the dream child of Pt.Jawaharlal Nehru and designed by the famous French architect Le Courbusier. It is a very compact warm and yet a modern city having excellent educational, medical, housing and recreational amenities.

Earlier the city’s proximity to Pakistan (about 500 kms) discouraged investors however the thaw between indo-pak relations has eradicated all geo-political concerns and promoted investor-confidence.

The New York Times had earlier carried a report on the city saying that the joint capital of India’s two most prosperous farming states is fast emerging as a future winner in the IT industry. Ready availability of skilled English speaking man-power, a strong local education system and over 50000 college students for possible employment was cited as some of the advantages.

The Chandigarh Technology Park (CTP) was recently accorded the Special economic zone status (SEZ) by the Indian govt. thus enabling the firms set up here to enjoy various tax benefits.

This is what the Czars of the IT industry had to say bout the city:
“The city has bright talent, high standard of living government support and a cosmopolitan outlook “
NANDAN NILEKANI
INFOSYS
CEO, President and MD
“Chandigarh is an outsider-friendly city. It is a cosmopolitan city and it enjoys a union territory status”
KIRAN KARNIK
NASSCOM
President
“Chandigarh is right on the top to become the next big “IT City”. The plusses include excellent quality of life and availability of talent.”
ROMI MALHOTRA
DELL
MD
AT the E–Revolution 2005, Outerbay has promised investment of Rs 20 crore initially. Mumbai based PATNI COMPUTERS has assured an investment of Rs 100 crore. Infosys has already set up operations here whereas IBM-daksh to invest very soon.

Conservative estimates say that 20000 jobs will be created in the coming three years.
With the Indian government encouraging FDI and operations in India being much cost effective Chandigarh indeed is the right place to invest.

1.asafa powell from jamaica world 100 mts record holder(9.77 secs)

2.IIFA awards held at amsterdam.

3.coca cola received The Golden Peacock Environment Management Award 2005.

4.according to census 2001 india has a total of 44.5 million unepmloyed ppl.

5.unemployment rate among graduates in india is 17.2%

6. US open golf championship winner-Michael Campbell

7.worlds first hydrogen powered motor bike made by Intelligent Energy in california. has a top speed of 80 kms/hr and emits only water vapours

8.worlds 3 most expensive cities are 1. tokyo 2. osaka 3. london

9.nandita vij a girl from chandigarh,india won the daniel pearl prize in journalism.

10.Times of India has been certified by the audit bureau of circulation as the worlds largest selling english broadsheet newspaper

11.Bihar is the most corrupted state of india. Kerala is the least.police is the most corrupted organ of the govt. according to india corruption study 2005 by transparency international

12.wimbledon 2005 winners- venus williams, roger federer, mahesh bhupathi&mary pierce.

13.deep impact was the nasa space probe sent to collide with a comet named tempel 1

14.india is the worlds 4th largest economy according to the world economic outlook IMF 2005

15.worlds top 3 economies acc to the same report are 1. USA 2.China 3.Japan

16.G-8 summit of the worlds developed nations held in gleneagles,scotland

17. London to host summer olympics 2012.

18.london rocked by blasts at 4 places. around 50 dead and hundreds injured.3 of the 4 suspects are brits of pakistani origin. 4th suspect still unidentified.

19.indian national film awards announced- best actor-saif ali khan for hum tum. best film-page 3. best popular film shared by veer zaara(hindi) and autograph(tamil)

20.

the indian PM mr manmohan singh left for a three day visit to the US.it is believed that this visit will catalyse the process of improving relations between the two countries.india expects more cooperation between the two countries in the spheres of defence agriculture and business.
the US is also quite upbeat about this visit as the whitehouse prepares for a banquet in the honor of mr.singh.
india has also asserted that there can be no segmentation in tackling terrorism even as prez bush asked pakistan to put an end to all terrorist camps.
india will also hope that the US supports its membership to the UNSC,a matter that the US has been trying to evade