TIDEL promotes Coimbatore IT Park

A group of small-scale Information Technology (IT) and IT Enabled Services (ITES) companies can jointly take space at the Tidel Park here, according to an official at the park.

Inviting investors to the park, the official said modular IT space ranging from 5,000 sq. ft. to over two lakh sq. ft. in each floor can be taken up by companies.

However, smaller companies that want less than 5,000 sq. ft. can look at forming a group with other companies and taking up 1,500 to 2,000 sq. ft. each.

Road show
A road show was held in Chennai recently on the Coimbatore Tidel Park. Similar shows are planned in other cities such as Bangalore and Mumbai too, the official said.

One company has taken up nearly 20,000 sq.ft. and started operations at the park and one more occupant will soon start operations.

Tidel Park here has come up on 10 acres at a special economic zone with an investment of Rs. 407 crore and has a total built-up area of 17 lakh sq. ft.

Facilities
The IT space at the park is nine lakh sq. ft. The facility has parking space for 2,900 two wheelers and 1,130 four wheelers. The multi-tenant park has 20,000 sq. ft. earmarked for common facilities such as banks, ATMs, book store, video conference hall, and travel desk.

According to the official, there are apprehensions in the IT sector now on the U.S. economy and this may slow down the expansion plans of the IT and ITES firms. Yet, there are companies that are evincing interest in the Coimbatore facility.