ibnlive » Business

Nov 02, 2006 at 10:33am IST

TN tells neighbour all is fair in IT

Bangalore: The heat is on at Bangalore's IT dot in. Once again Tamil Nadu is dangling carrots before IT investors. This time its smaller cities are on offer.

"These are cities of Trichy, Coimbatore, Madurai, Salem and Tirunelveli. All these cities are basically corporations and they have a large pool of talented youngsters in the universities," said Tamil Nadu IT Secretary C Chandramouli.

The government will develop both campus-style special economic zones and I-T parks in these cities.

Coimbatore and Tirunelveli will get special economic zones and Salem and Trichy will house IT parks. But more interesting are the plans for Hosur – Bangalore's envious neighbour.

"It should be a cakewalk to start an industry here because we in the district administration and Government are very proactive on this. Land is available. We are ready to show investors land in and around Hosur," Krishnagiri District Collector Santhosh Babu.

In Hosur, the government has proposed a 2,500-acre SEZ and a 200-acre IT park. Sources say the district administration has also identified a 150-acre plot and a 750-acre piece of land for two IT companies. Land allotment will commence in two or three months.

Tamil Nadu contributes 14 per cent of India's IT exports. But the government hopes the fresh investment will help to make it the most sought after destination for tech companies.