Bangalore: Karnataka Chief Minister S M Krishna today (November 1) said the IT task force on hardware would soon submit its recommendations for a comprehensive hardware policy to the state.

Delivering his address at the inaugural of the state's flagship IT event Bangalore IT.COM 2003 in Bangalore, Krishna said the task force is also moving ahead for setting up a hardware technology park in the city.

"The hardware industry provides employment to more than five lakh professionals. perceiving the future that the hardware segment offers and recognising the necessity of having a strong and vibrant hardware industry, the state Government had set up the hardware task force," he said.

Asserting that Government was a catalyst in building the right investment climate, Krishna said, this is being achieved by positive initiatives in the areas of legal reforms, the single window system of clearances and the provision of infrastructure required for the IT industry.

The sixth edition of Bangalore IT.COM has participation from over 285 companies with the city positioning itself as the destination for IT outsourcing in the second IT wave.

He said the Government was intending to control the hapazard growth of IT industries, even as it attracted IT investment, by setting up an IT corridor in the city.

"A sizeable expanse of land has been identified for an IT corridor for regulating the successful and scientific growth of knowledge based industries," Krishna said.

PTI