Chennai IT Park was in PAPER and DOCUMENTs so far.
Now, it is becoming reality.
Tamil Nadu Chief Minister Kalaignar M Karunanidhi had allotted lands to the top IT companies from HCL, Sathyam, Sutherland, Scope, Tessolve and Honeywell in Chennai IT Park in Vadapalanji.
Chennai is on the IT revolution right now. Karunanidhi granted allotment orders for 160 acres in Chennai, Tirunelveli, Tiruchi and in Chennai, to top 8 companies that have come forward to set up shop in IT Parks being set up by the state owned Electronics corporation of Tamil Nadu (ELCOT).
The IT companies have surely realised that they stand to gain by moving to the IT SEZs in Tier II cities, like the ones in Chennai, Tirunelveli(Nanguneri SEZs) and Tiruchi. As the STPI benefits will last only till 2010, the IT SEZs are the preferred destinations as companies can enjoy benefits for 10 more years.
Reliable Source for Chennai Machan.
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