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Tamil Nadu
Company plans to invest Rs.800 crore in State Chennai campus to accommodate 10,000 employees
Discussing plans: Satyam Computers founder-chairman Ramalinga Raju and CEO Rama Raju call on Chief Minister M. Karunanidhi at his residence in Chennai on Sunday. CHENNAI: Satyam Computer Services, the Hyderabad-based software company, will open a software development centre in Madurai. It has been allotted 50 acres under the Electronic Corporation of Tamil Nadu (ELCOT) scheme, proposed on the university land on Theni road, according to Subu D. Subramanian, director and senior vice-president (Manufacturing and Automotive Business Group). Mr. Subramanian said the company planned to recruit nearly 3,500 employees. The company had already started conducting campus interviews in colleges in and around Madurai, he said. This came in the wake of the decision of ELCOT to promote Tier II towns such as Madurai, Coimbatore, Salem and Tiruchi for attracting software firms. Eight SEZsThe nodal agency had planned to set up at least eight Special Economic Zones (SEZs) for IT and ITeS companies in the near future across the State. The Centre had given in-principle approval for two SEZs in Madurai and for one each in Tirunvelveli, Tiruchi, Salem, Hosur and Kancheepuram districts, which would yield a total investment of Rs. 3,000 crore for infrastructure projects alone. More than a lakh IT professionals would be employed at the SEZs coming up in Tier II towns. Earlier, Satyam’s founder-chairman, B. Ramalinga Raju, co-founder and CEO, Rama Raju and Mr. Subramanian met Chief Minister M. Karunanidhi here on Sunday to apprise him of the company’s projects in Chennai and Madurai. The company planned to invest Rs. 800 crore in infrastructure in Tamil Nadu alone in the next three to four years. Chennai campusMr. Subramanian said Satyam would build its own “Chennai campus” at the ELCOT SEZ in Sholinganallur on the Rajiv Gandhi Road. The first phase would be ready in June 2008. The campus would accommodate around 10,000 employees. He said this campus would be the second largest one after Hyderabad. At present, Satyam operated from nine centres in Chennai with 8,000 employees. The new centre would facilitate Satyam Computer Services to increase its employee strength in Chennai to around 20,000 in the next three years.
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