TN government plans mini IT parks across the state

Tamil Nadu government is planning to set up mini information technology park across the state. The state has two major IT hubs in Chennai and another in Coimbatore. The government has sensed the opportunity to bring more employment by tapping the large IT graduates churned out by TN colleges in remote districts.

Mini TIDEL Park is to be developed across ten districts – Chennai, Coimbatore, Trichy, Madurai, Tirunelveli, Salem, Vellore, Tirupur, Erode and Thanjavur. Though the major concentration of exporting companies are at Chennai, secondary cities are being seriously considered by the IT companies for cost advantage and good human resource.

The mini Tidel Parks will be set up in 50,000-1 lakh sq ft through joint ventures. A Special Purpose Vehicle (SPV) will take up the project. The SPV may be formed between Tidel Park Ltd and a government agency nominated by the government to implement the project in those places where the land cost is very high and in other places if Tidel wants, it can pay for the land, says a Government Order.

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