New Delhi to have its own IT hub

To be based on public private partnership (PPP) model, the park at Dwarka would be fully developed over a period of three-four years, Chief Minister Sheila Dikshit said after a Cabinet meeting.

"The National Association of Software Service Companies (Nasscom) and its associated consultants have assessed over 20 potential areas of research for this park, which include bio-technology, information and communication technology," Dikshit said.

She said the park would include a research and development centre and an incubator to provide a platform to students and professors for testing their ideas and conducting further research, plug and play, conferencing facility and commercial space.

Dikshit said the park is envisaged to house research and development units of Indian and multi-national companies and to serve as a knowledge hub in the city.

"This platform would further act as a catalyst in the proposed mechanism for academia-industry interaction," she added.