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StarGSM Mobile Soon

With two major investors engaged in Information Technology (IT) is showing interest in Odisha, more IT Projects are likely to land up in the State.


C-TEL Infosystems (CTIS), an IT Company, which had submitted a proposal to set up a new IT Project for development of IoT software at Info Valley, has been cleared by State Government.

And Internet of Things(IoT) Policy of Government of India is helping the investors to go for IoT projects as it has been envisioned India will be creating a $15 Billion IoT Market by 2020,
 


In fact the State Government looking to clamp down on the theft of iron ore from mines to insurance companies looking to offer better premiums to transportation companies, the IoT is gaining ground. 


The Internet Of Things (IoT) describes a world in which sensors are placed on machines and the resulting data is used to improve and track their performance.


CTIS is on expansion mode and will set up a unit for development of IoT with a cost of Rs.65 Crore.

The project will come up at Electronic Manufacturing Cluster (EMC) Park in Info Valley.

The Project will generate employment opportunities for 730 people, both direct and indirectly.

Similarly, StarGSM Upakaran Peripherals will set up a plant to assemble mobile handsets and other electronic items.

Those items include Printed Circuit Board Assembly (PCBA), Battery, Charger, Power Bank and electronics Devices for Star GSM Cellular India.

Star GSM Cellular India is a sister concern of Hong Kong Based InTime Global with 20 years of expertise in logistics business with a presence in countries of Asia, Africa and Middle East.

InTime Global Solutions FZE Dubai will be investing in the project, officials said.

In 2010, Star GSM Cellular India had launched distinct and highly functional cell phones and smart phone models, under the brand ‘Star GSM’ to establish itself as an innovative mobile handset brand of India.

Now it has decided to diversify into related products, officials say.

So the project will come up with an investment of Rs.75 Crore and will be implemented within One Year, which will generate employment opportunity for 1300 people, said sources.

This projects has been cleared by State Level Single Window Clearance Authority (SLSWCA), officials said.
 
 


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