by reciprocal arrangement with Star of Mysore

Mysore, Mar 18: The dream project of Software Paradigms (India) Pvt. Limited, founded here in 1997, namely SPICity will be formally declared open in Hebbal Industrial Area on Saturday March 18.

The first phase, built at a cost of Rs 20 crore on a 11-acre land will be inaugurated by State Information Technology Secretary M.K. Shankaralinge Gowda, disclosed Sid Mookerji, CEO of the company. B.V. Naidu, director, Software Technology Parks of India (STPI), Bangalore, presides.

The new set-up with 60,000 sft. of built space has capacity to accommodate 1,000 software professionals at work. The total project estimated to cost Rs. 80 crore will be having 2,00,000 sft. of building space, Mookerji disclosed.

He was addressing a press meet at the premises of the new unit in Hebbal Industrial Area on Friday March 17. Company's Managing Director K.K. Mookerji also addressed the press meet. The new campus is an expansion of the company which already has two units in the city earning a turnover of Rs. 45 crore last year, Mookerji explained.

The foreign set-up, Software Paradigms (International), founded in 1994, is located in Atlanta, GA, USA, he added.

Improvement of technologies, new management profiles and new products development have been set as objectives of the company during the next three to five years, he explained.

Asked whether the present Government in Karnataka was supporting IT industry adequately, Sid Mookerji said that Mysore had excellent facilities. With the four-laning of Bangalore-Mysore Highway and airport project being implemented, Mysore would become an excellent IT-designated city, he observed.

Workforce for IT industry was being adequately supplied by local engineering colleges, he said, adding that 65 per cent of the software professionals in his company were from local colleges. At present, 350 Software professional were working in the company, he said.