The Hindu : Tamil Nadu / Coimbatore News : Foundation for IT park to be laid soon

Online edition of India's National Newspaper
Thursday, Sep 14, 2006
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Tamil Nadu

Tamil Nadu - Coimbatore

Foundation for IT park to be laid soon

Staff Reporter

The project is likely to be completed in 18 months

SEARCH FOR LOCATION: (From left) Senior general manager of TCS, P.Krishnakumar, head-real estate, Wipro Technologies,V.R. Ganesh, Managing Director of Elcot, C. Umashankar, Coimbatore Collector, Neeraj Mittal , Chairman and Managing Director of Tamil Nadu Industrial Development Corporation S.Ramasundaram and Managing Director of Tidel Park , N.Bagavathy, at an interaction with entrepreneurs on the proposed IT Park in Coimbatore on Wednesday. — Photo: K. Ananthan

COIMBATORE: The foundation for an Information Technology park here would be laid in three or four months, C. Umashankar, managing director, Electronics Corporation of Tamil Nadu (ELCOT), said here on Wednesday.

"People want space immediately. The foundation will be laid soon," he said, adding that they aimed to complete the project in 18 months.

At a meeting here, officials from ELCOT, the Tamil Nadu Industrial Development Corporation Limited (TIDCO) and the district administration met IT entrepreneurs and representatives of the Confederation of Indian Industry to assess the demand for space at the proposed park.

10 acres allotted for park

Later, Mr. Umashankar told presspersons that of the 29 acres near the Coimbatore Medical College, the State Government had allotted 10 acres to Wipro and five acres to Tata Consultancy Services (TCS). ELCOT and TIDCO would develop the Tidel Park on another 10 acres. The Software Technology Parks of India would also be a shareholder.

The built up area of the park would be 1.2 million sq ft, and the building would cost about Rs.250 crores. Initially, Wipro, TCS and the units at Tidel Park were expected to provide employment to about 25,000 people.

Mr. Umashankar said those who required space at the Tidel Park could start registering. A website would be launched shortly for the purpose.

ELCOT had identified an additional 27 acres contiguous with the proposed park. It would submit a requisition letter next week to the Government for transfer of the land from the Health Department.

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