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Rs. 25,000-crore Investments For TN SEZs 02/02/2009
The proposed IT parks in special economic zones (SEZs), promoted by the Electronics Corporation of Tamil Nadu (Elcot), across seven southern districts of the state are likely to attract Rs 25,000 crores in investments. The parks are coming up in Salem, Coimbatore, Tiruchy, Chennai, Hosur, Tirunelveli and Madurai. Over 1,800 acres of land have been acquired for the purpose.

According to Santhosh Babu, Managing Director of Elcot, the two IT parks, coming up in Chennai at Sholinganallur IT SEZ and Perumpakkam alone, are expected to attract around Rs 10,000-crore investments and create 200,000 direct and 600,000 indirect jobs. At Perumpakkam, Elcot is planning to create a Smart IT City on 190 acres under public-private partnership.

The other big ticket investments, to the tune of Rs 7,000 crores would be made for the Coimbatore IT park at Villankurichi, which may generate 30,000 direct and 90,000 indirect jobs.

IT parks in Salem at Jagir Amma Palaym, Tiruchy at Navalpattu, Hosur at Viswanthapuram, and Tirunelveli at Gangaikondan are likely attract around Rs 9,000 crores.
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