Cos in Ranchi STPI facing high attrition rate
>
> Ranchi: Set up to promote export-oriented initiative in the information 
> technology sector two years ago, the Software Technology Park of India 
> (STPI), Namkon in Ranchi is facing hard times.
>
> Most of the firms, which set up its operation, are now planning to shift 
> their units as they are facing with high rate of attrition of IT 
> professionals.
>
> Ranchi-based Poddar Technologies, and Jamshedpur-based Alpine Techno and 
> Calling 24x7 have almost winded their operation. Bhubaneswar-based Cynosure 
> Infotech, which had stalled operations, was on the verge of leaving.
>
> "Apart from high attrition, Ranchi's distance from software hubs like 
> Bangalore and Hyderabad is also a factor that's impeding the growth of the 
> industry here," STPI Additional Director Surya K Pattanayak conceded.
>
> Pattanayak, who is in charge of the STPI centres in Bhubaneswar, Rourkela and 
> Ranchi, said a few business process outsourcing (BPO) companies had even 
> stopped using their facilities even though they owed lakhs to the STPI.
>
> Regarding rising trend of attrition, officials said young professionals, who 
> gained experience here, left for cities like Bangalore, Calcutta, Pune and 
> Delhi the moment they acquired reasonable levels of efficiency.
>
> "At least three software companies have shut shop recently," STPI Assistant 
> Director in Ranchi Siddharth Rai said, adding that two companies, the 
> city-based Vision Eternity and Bhubaneswar-based Cynosure Infotech, were 
> still operating out of STPI, but weren't in good shape.
>
> "Cynosure Infotech has stalled operations from May due to some capital 
> problems," an STPI source in Ranchi said.
>
> The state government on the other hand hardly took any interest in promoting 
> the cause of STPI, saying that it had provided land for the park. Now the 
> centre should ensure that the purpose of setting up the software park is 
> fulfilled.
>
> The Ranchi STPI is spread over 12,500 sq ft with a workable area of 6,500 sq 
> ft in the Namkum Industrial Area, 10 km from here. It can house 400 BPO 
> employees in a single shift.
>
> Opened with a lot of fan fare, the park had once drew the attention of noted 
> infotech companies like the Hyderabad-based Gen2 and Calcutta-based Leonid. 
> More than a dozen other software companies had also evinced keen on opening 
> units here.
>
> According to the STPI officials, companies like TCS, the Indian Stock 
> Exchange, Tenneti Technology, Satyam Information Solutions, V-XL Teleworking 
> and Bharat Vision also filed applications to register units here.
>
> The demand for space in the STPI was such that they were planning another 
> centre at Jamshedpur.
>
> STPI officials, however, exuded confidence that the change of guard in the 
> state politics and posting of a dynamic officer PK Jajoria as Secretary in 
> place of RS Sharma might help the centre grow.
>
> "We are particularly hopeful that Chief Minister Shibu Soren, who has kept 
> the IT Department with him, will be able to address the looming problem of 
> the STPI in the state," the STPI officer said.
>
>
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