According to media reports, IDA has till now managed to procure 38 acres of land. The agency said that they have been struggling to acquire remaining 62 acres of land as farmers are showing marked reluctance to deal with the proposed agreement.
Sources further claim that around 24 farmers, who were expected to surrender 62 acres land in an agreement with IDA on Jan 9, refused to hand over their land demanding more money. Meanwhile, IDA officials fixed Jan 11 as deadline for completing acquisition of land for IT giant Infosys.
Earlier, farmers agreed to give the land for Infosys but now they are demanding more money. Meanwhile, IDA official clamied that they will complete the acquisition process soon.
The Infosys hub in Indore will provide at least 1,000 jobs for engineers and will also provide businesses to hundreds of ancillary units.
Earlier, Indore Development Authority had projected to complete the land acquisition process and planned to hand over the land for Infosys and TCS to the information technology department during a board meeting on Jan 11. The acquisition process for TCS is nearly complete and might get a clearance from IDA board.