Tamil Nadu Govt. Revises the ICT Policy With an aim to Boost Confidence and Attract IT Occupiers Over the Next Five Years

/ -- A decade after its first release, the Tamil Nadu government has revised the Information Communication Technology (ICT) Policy. The policy envisages incubators, start-up accelerators and the promotion of research parks in the state via the Public-Private Partnership (PPP) model. The Tamil Nadu government is setting up ELCOSEZ, an IT-ITeS Special Economic Zone (SEZ) designed to attract investment, with locations in Chennai, Coimbatore, Madurai, Trichy, Salem, Tirunelveli and Hosur.

"One of the policy's key focus is being abreast with cutting-edge and newer technologies, which is essentially need of the hour. The emphasis on Tier B locations and the incentives promised would be welcomed by a large number of IT/ES firms, if executed as planned. And with Global Investment Meet (GIM) scheduled in 2019, the revised ICT policy could not have come at a better time than now," said Shaju Thomas, Director, Office Services (Chennai) at Colliers International India