440 crore Sofware township coming up in Hyd

Catalytic Software (CSL), a subsidiary of Catalytic Software Inc, USA, has entered into an MoU with the government of Andhra Pradesh for setting up a software development center-cum township in the state at a cost of Rs 440 crore.

The software development centre-cum-township is to be established in the proposed hardware, logistics, financial and IT services park near Shamshabad, about 20 kms from Hyderabad (Read more).

As per the MoU, CSL, will purchase the land from the Andhra Pradesh Industrial Infrastructure Co-oporation(APIIC) and set up the huge software development centre -cum -township in a phased manner spread over three years.

The centre is expected to accommodate nearly 4,320 Software professionals.

-June 13th'00