TN IT parks on fast track

Electronics Corporation of Tamil Nadu Ltd's (Elcot) plans to set up IT parks in tier II cities of the state are gaining momentum.

According to Elcot sources, the commerce ministry has notified 49.89 hectares at Navalpattu on the outskirts of Trichy as a special economic zone (SEZ) for IT and IT-enabled services.

Besides, Elcot has sought an additional 120 acres in the same vicinity for which the district administration is already on the job.

Meanwhile, the IT park at Gagaikondan near Tirunelveli is taking shape. Located around 12 km from Tirunelveli, the total area of the SEZ is about 500 acres.

Elcot had fixed the land cost at Rs 15 lakh per acre on lease and Sutherland Global Services has already registered. Water supply and electric sub-stations in the park are already in place, the sources said.

Elcot authorities are hopeful of locating units of major IT industries at Tirunelveli, Trichy and Salem. Companies like HCL, Sutherland and CTS have evinced interest in the Trichy park.

Other companies like IBM, Infosys, TCS, and Bosch, too have initiated discussions.