Monday, February 14, 2011

Trichy IT Park gets more attention from Corporations

Source: Daily Thanthi

Industrial Estate plots sold out

Tamil Nadu Small Industries Development Corporation (SIDCO) has sold all the 50 plots in its 25-acre industrial estate at Kumbakudi in Tiruchi district.

Having sold the plots of sizes varying between 10 cents and one acre at Rs. 7 lakh per acre as per 2009 rates, the SIDCO is confident of overcoming legal issues in the way of developing 60 more acres in the second phase over the next few months. The plots for the second phase are likely to be sold at a revised rate.

The industrial estate enjoys good patronage since it is located less than two km from the Tiruchi-Pudukottai National Highway.

Ninety per cent of first-phase allottees have evinced interest in setting up fabrication units to cater to the Bharat Heavy Electricals Limited (BHEL), Tiruchi. Of the 50 plots, 12 women applicants sponsored by the Women Entrepreneurs' Association of Tamil Nadu (WEAT) had been allotted half an acre each, P. Veerabadran, Branch Manager, SIDCO, said. The WEAT has taken steps to convert all the 12 women-run units into a single cluster.

Source : The Hindu

Sunday, February 6, 2011

Now it's US-based BPO's turn to scout for space

TIRUCHI: Close on the heels of Syntel Chairman Bharat Desai's visit last week, senior executives of the New York Stock Exchange-listed business process outsourcing player, WNS Global Services, were at the Tiruchi IT Park, evaluating scope for starting a development centre.

Sanjay Puria, Senior Vice-President – Finance, and Sulakshana Patankar, Business Unit Leader, who were taken around the IT Park and the city were impressed by the promising work environment Tiruchi could offer as a tier-II city in terms of quality human resource; road, rail and air connectivity; and the ambience that BPO professionals would look for, ELCOT officials said. The multinational company with headquarters in USA and UK has a strong presence in Gurgaon, Pune and Mumbai,

The WNS executives had earlier visited the IT Parks in Tirunelveli and Madurai as well, and would make their preference known in due course, an official said, adding that at the Navalpattu IT Park building, ELCOT was in a position to rent out to the company the entire 25,000 square feet space in the second floor. Besides, the WNS was also looking for land to an extent of ten acres to start their own facility in the 147-acre SEZ (Special Economic Zone) area. The company, ELCOT officials said, was keen on interacting with students in the region to quell misconceptions about BPO jobs.

As for ELCOT, re-laying of the about six-kilometre 120 feet link road connecting the IT Park with the Tiruchi-Pudukkottai National Highway is a key factor for showcasing the intrinsic value of the SEZ location. ELCOT officials are able to make out the discomfiture of prospective investors when they are taken to the IT Park through a circuitous route, which, in fact, creates an impression that the city is located farther from the park.

The Government departments are seized of the matter, it is learnt. A government order transferring the road from the purview of the rural development department to the highways department is what is needed now for making the IT Park an attractive investment destination, official sources said, indicating that Rs.10 crore would be spent on re-laying the link road.

Meanwhile, Assist International, i-link software private limited, and Seventh Sense Technologies to whom 10,000 square feet built up space in the ELCOT's 50,000 square feet building has been rented out have commenced interior works.

So far, in-principle allotment orders for land in the SEZ area have been given to ten companies. Tiruchi-based e-Quadriga, which has applied for three acres of land, will be the eleventh company. After allotting land to these companies, sparing ten acres for a power sub-station, earmarking seven acres for internal roads, and sparing 14 acres for Open Space Reservation, the ELCOT will be left with about sixty acres to make future allotments.

Source: The Hindu

Friday, February 4, 2011

Syntel chairman explores option for presence at Navalpattu IT park

IRUCHI: Bharat Desai, Founder Chairman of Syntel, a global provider of Information Technology and Knowledge Process Outsourcing solutions with global development centres in India and the United States, on Friday explored the scope for starting a centre at ELCOT's IT Park in Navalpattu here.

Accompanied by N.NR. Sharavanan, General Manager and Head – Administration, SYNTEL, Chennai, and other senior executives, Mr. Desai interacted with officials of ELCOT and the district administration; the Vice-Chancellors of Bharathidasan University and Anna University of Technology – Tiruchi; and industry representatives to determine feasibility to start the proposed centre in the 25 acres of the SEZ area that the ELCOT is keen to allot.

The company, according to ELCOT officials, has already taken stock of the facilities at Vishakapatnam in Andhra Pradesh and will take a final decision on which tier-II city to choose after evaluating the advantages in the IT Parks in Madurai and Tirunelveli. Proximity to international airport and the two universities; presence of the National Institute of Technology and the Indian Institute of Management; a fair degree of cosmopolitan outlook; and the scope for sourcing quality manpower from the region could weigh in favour of the Navalpattu IT Park, the host of dignitaries with whom Mr. Desai interacted believe.

After his nearly hour-long discussion with the District Collector Mahesan Kasirajan, ELCOT MD Santhosh Babu, the Vice-Chancellor of Bharathidasan University K. Meena, the Vice-Chancellor of Anna University of Technology – Tiruchi P. Devadas Manoharan, Regional Director of NASSCOM K. Purushothaman, and industrialist K.N. Ramajayam, Mr. Desai went around the IT Park building.

The two Vice-Chancellors apprised Mr. Desai of the quantum of student output, the quality of faculty, research activities and other academic initiatives.

Source : The Hindu