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India invites Australia to set up IT city in Bangalore

Subsequent to the invitation by the government of India to set up an IT city in Bangalore, a team of IT specialists from Australia will visit the country in the middle of this year.

For starters, the two sides will set up "incubator venture capital" for providing information technology facilities, Information Technology Minister Promod Mahajan said in Melbourne on Tuesday.

Addressing a networking event organised by NASSCOM in Melbourne, Mahajan said that the two sides would seek to co-operate on e-governance, distance learning and multimedia.

Emphasising state-level agreements on IT, he said, to begin with, Maharashtra could tie up with New South Wales and Karnataka with Victoria.

India and Australia had agreed on intensifying co-operation in the field of Information Technology during discussions between Mahajan and his Australian counterpart Richard Alston in Melbourne.

"Over the years, Indian and Australian companies have evolved a healthy growth in IT trade between the two nations. Our ministry of information technology has also signed an MoU with the Australian government to further co-operate in the infotech sector," Mahajan, who is visiting Australia at the invitation of Senator Alston, said.

Mahajan is leading a high power delegation to Australia, which includes NASSCOM president Dewang Mehta and representatives of 20 IT companies.

"The Indian business delegation to Australia provides an excellent opportunity for Indian and Australian IT companies to work together," Mahajan said.

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