Coimbatore focussed on IT park

The modalities are being finalised to commence work on the much awaited IT park in a 29 acre sitehere, which is expected to become operational in 18 months after start of construction, two senior Tamil Nadu Government officials said today.


The proposed park would accommodate a Tidel park on ten acres of land, facilities by TCS and Wipro in five and 10 acre respectively, C Umashankar, Managing Director of Electronic Corporation of Tamil Nadu (ELCOT) and Ramasundaram, Chairman and Managing Director, Tamil Nadu Industrial Corporation (TIDCO), told reporters.


The process for floating the tenders for the Tidel park would be finalised within 40 days, the officials said.


The 1.2 lakh sq.ft Tidel park, at a cost of Rs.250 crore is a joint venture by Elcot, Tidco and Software Technology Park of India,and expected to provide employment to 10,000 to 12,000 persons, Umashankar said.


Wipro would provide jobs for 6,000 and TCS around 5,000 jobs, he said, adding, the park, being an special economic zone would also have domestic SME players.

Courtesy : The Hindu