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Economy of Bhubaneswar


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government has fostered growth by the development of IT Parks such as Infocity-1, the new Infocity-2, STPI-Bhubaneswar and JSS STP. The Infocity was conceived as a five-star park, under the Export Promotion Industrial Parks (EPIP) Scheme to create infrastructure facilities for setting up Information Technology related industries. Infosys and Satyam Computer Services Ltd. (known as Mahindra Satyam) have been present in Bhubaneswar since 1996. Other software companies include TCS, Mindfire Solutions, Wipro, IBM, Genpact, Firstsource, Mindtree, MphasiS, etc. Apart from the big multinational Information Technology (IT)/ Information Technology Enabled Services (ITES) companies, there are about 300 small and mid-sized IT companies and business start ups which have set up their offices in Bhubaneswar. The availability of local workers, the quality of life in the city and the pro-active local administration are the primary forces towards IT investments into the city. The The Ind-US Entrepreneurs (TiE) and Invest Bhubaneswar help in creating a platform to connect the businesses in Orissa and entrepreneurs worldwide
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