Coimbatore TIDEL Park   www.tidelparkcoimbatore.in

The third largest city of the state, Coimbatore,is one of the most industrialized cities in Tamil Nadu, known as the textile capital of South India or the Manchester of the South, the city is situated on the banks of the river Noyyal, Coimbatore existed even prior to the 2nd or 3rd century AD by Karikalan, the first of the early Cholas.

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.

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
 

 
 
 
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