Palak seeks Indian Hiranandani Group's investment in Bangladesh IT sector

State Minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak has sought Indian topmost real estate company Hiranandani Group's investment in Bangladesh's information technology (IT) sector to help establish a data center and enhance cyber security.

"The ICT state minister called upon the topmost Indian real estate group to invest in Bangladesh IT sector as the group launched the world's second largest data centre in Mumbai," an official release said.

Palak made the call in a meeting with Hiranandani Group of Companies at its Mumbai head office on Wednesday evening, on the first day of his India tour, reports BSS.

The meeting also featured different issues like social media, AR/VR solution, entertainment, gaming and regional dominance in E-Sports technology industries.

The state minister said even the joint partnership of the two companies - Hiranandani Group and the High Tech Park Authority - will also enhance digital inclusion and strengthen the India-Bangladesh partnership in achieving 'Smart Bangladesh vision 2041'.

Hiranandani Group, established in 1978 based in Mumbai, Maharashtra, India also having projects across Mumbai, Bengaluru, Chennai, and Hyderabad, earlier announced to invest Tk 20.0 billion in Bangladesh aiming to establish a four tier data center.

As part of the announcement, it has already started constructions of two hyper-scale data center Bhaban at Kaliakoir High Tech Park in helping to meet country's increasing demand of data storage and the demand of all non-government organizations located at north-eastern Indian states.

All the key officials of the group of companies, among others, were present at the meeting.

Palak will attend another meeting at the head office of the Reserve Bank of India this noon as well, the release said.