"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.
The Hindu
Thursday,
Sep 14, 2006
COIMBATORE:
The Confederation of Indian Industry has said that laying
the foundation stone for the Tidel Park will trigger the
Information Technology sector growth here and hence IT
business in the region.
In a release
issued here, the CII Coimbatore Zone Chairman, Jayakumar
Ramdass, said that the city, with its inherent strength and
the State Government's efforts, had successfully attracted
investments from leading players in the sector.
As a result of
this, information technology business here was likely to
grow with more investments, employment and infrastructure.
Entrepreneurship
It was
imperative that the local IT entrepreneurship was encouraged
for sustaining the IT growth and socio-economic development
of the region.
"We feel that
the Coimbatore Tidel Park will provide the conducive
environment for creating such a growth," added its
vice-chairman, K. Thangaraj.
The Hindu Tuesday,
Feb 27, 2007
Houses planned at IT Park for staff
M. Soundariya Preetha
30,000 people are expected to
get employment
Work will begin in August
Coimbatore: Information
Technology (IT) Park on Avinashi Road, planned near
Coimbatore Medical College, will be more than just a work
place for IT professionals. On its premises will be houses
for employees, a commercial complex and if possible, a
school too.
Tidel Park
The 56-acre site will have a
Tidel Park and also facilities of three IT majors, with a
total investment of at least Rs. 1,200 crore. These
companies together are expected to employ over 30,000
people.
Electronic Corporation of Tamil
Nadu proposes to have about 6,000 houses, a commercial
complex and a school at the park to cater to the needs of
these employees, says C. Umashankar, its managing director.
“The park will be located in a
prime area. What will bring further sheen to it are the
additional facilities planned. The employees need not travel
outside the park every day to put their children in school
or to buy their daily needs,” he explains.
Reduces pressure
“Such facilities are a
necessity in an IT park. The employees need not go out of
the premises for housing. This also reduces the pressure on
the infrastructure outside the park.”
The Corporation will have
partners to execute the social infrastructure. These will
occupy nearly 12 acres and will be supplemented with
adequate car parking area, play area for children, and a
six-lane road for 3.5 km. The houses will be rented/leased
out to the companies, who in turn will allot these to the
employees. The details will have to be discussed and
finalised, he adds. Six companies have confirmed that they
will occupy space at the Coimbatore Tidel Park. The initial
work at the site will begin in August this year and the
office space will be handed over by November 2008.
The Hindu Tuesday,
Jul 1, 2007
