Showing posts with label hosur. Show all posts
Showing posts with label hosur. Show all posts

Thursday, August 19, 2010

Coimbatore IT Park to be ready in 8-12 weeks time

The Information Technology (IT) Parks and ELCOT owned 50,000 sq.ft building inside the Special Economic Zones (SEZs) in Tiruchi, Coimbatore and Tirunelveli will be ready in the next 8 to 12 weeks time, said P.W.C. Davidar, IT Secretary on Wednesday.

It would take some more months for the Hosur IT Park to get going as the work order was given recently and the work would commence soon. The IT department was racing against time to complete the ELCOT buildings including infrastructure work for entire SEZs at Tiruchi, Coimbatore and Tirunelveli.

Those firms having Rs.1 crore turnover or Rs.50 lakh export turnover can ask for a minimum of one acre of land.

Friday, August 6, 2010

Coimbatore, Trichy(Tiruchirapalli), Tirunelveli, Salem, Hosur IT Park Update

Tamil Nadu IT minister Dr Poongothai said six more IT SEZs would come up in the state at an estimated cost of Rs 675 crore in Hosur, Tiruchirapalli, Coimbatore,Tirunelveli and Salem.

Mr. Karunanidhi said the TIDEL Park here would provide employment to 12,000 people. With more such parks, there would be industrial growth in the State and exports would increase. He recalled that Murasoli Maran was instrumental in setting up industrial parks in different parts of the State.

Deputy Chief Minister M.K. Stalin, who also holds the portfolio of Industries, said the Chief Minister, in 2007, laid the foundation for the TIDEL Park. It had come up [over an extent of 10 acres] at a cost of Rs. 350 crore.

Mr. Karunanidhi established the State's first TIDEL Park in Taramani in 2000 and it had provided employment to thousands of youth. It was decided to open such parks in Coimbatore, Tiruchi, Salem, Coimbatore and Tirunelveli. Special economic zones were also coming up in these places. In 2008-2009, software exports from Coimbatore were about Rs. 220 crore.

The TIDEL Park here is a joint venture of TIDCO, ELCOT, TIDEL and STPI. Software companies in the State achieved Rs. 4,000 crore business in 2009-2010. The State had several advantages such as infrastructure, education, human resource.

Sponsored by - Tamil Nadu Real Estate OruAcre.com

Wednesday, April 23, 2008

Coimbatore Real Estate - Rakindo Developers: Coimbatore

Sponsored by OruAcre.com

Real estate developer Rakindo Developers has unveiled its plan to build a $1.5 billion (Rs 6,000 crore) integrated township at Coimbatore. It is expected to be ready for launch by the last quarter of 2008. The flagship project of Rakindo Developers in the texcity will be developed over 1,000 acres with an 18-hole golf course as the centrepiece, Rakindo Developers MD Prasad Koneru told.

Rakindo is committed to invest $ five billion in India over the next five years and will on a conservative estimate build about 50 million sq ft. It has several integrated township projects in the pipeline. These include 500 plus acre project at Hosur, 1,000 acre at Gurgaon, 450 acre at Cochin, 250 acre in Trichy and 500 acre in Coimbatore.

Read more here

Thursday, April 10, 2008

Coimbatore to contribute to TN(Tamil Nadu) software exports in year 2009

The special economic zones for IT-ITeS industry in Coimbatore, Coimbatore, Tiruchirapalli, Salem, Tirunelveli, Hosur and Vellore announced by the state government were with an intention of increasing the software exports, Tamil Nadu State Chief Minister Karunanidhi said.

Tamil Nadu's software exports are expected to cross Rs 26,000 crore during the current fiscal, state Chief Minister said in Chennai. Rs 14,400 crore in 2005-06, rose to Rs 20,700 crore during the previous fiscal.

It is expected to rise again to Rs.26000 Crore for the year 2009.

Read more here