Knowledge Park inaugurated in AP

Inaugurating the project at a glittering ceremony, Naidu, who had taken initiative in selling the unique concept, said the Knowledge Park was another milestone in his Government8217;s efforts to develop the state as the 8220;knowledge hub and information technology capital of the country.8221;

He assured his Government8217;s full support in promoting and marketing theproject which is aimed at serving as a knowledge-nurturing centre for leading-edge business driven research in India and as a gateway to multinational companies.

The park, complete with state-of-the art facilities to provide unbeatable advantage to research and development efforts, would act as a nodal point connecting all leading research institutions in the country including IITs, IIMs and CSIR laboratories, ICICI Chairman N Vaghul said.

Developed on the land provided by AP government, the park would serve as a repository of knowledge that can be converted into technology, he said.