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North Eastern States to Tap the Potential to be India's Next IT Hub

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India's recent agreement with Bangladesh over purchase of surplus bandwidth and the extension of the submarine internet cable from its Cox's Bazar coastal town to Tripura's capital Agartala has opened new opportunities for the state. 

Source – ET

SNP Insights:

With numerous IT business opportunities pouring in the North eastern states like Tripura, it is most likely to emerge as an IT hub in the coming years. Undoubtedly, this would boost not only the economic conditions of the North Eastern states, which lags behind the other states, but also paves way for new infrastructure opportunities. This opportunity is targeted mainly to tap the potential of low cost skilled labor coupled with its strategic location connecting the eastern neighboring countries like Bangladesh and Myanmar.

Source – SNP Infra Research