📋 Tender Overview
Scope : To Set up 500-acre ‘Tech City’ in Hosur, Tamil Nadu
Having already emerged as a hub for electric vehicles (EV) and electronics manufacturing, Hosur will soon house a self-contained ‘Tech City’ spread over an area of 500 acres to host IT/ITES firms and Global Capacity Centres (GCC) with the Tamil Nadu government planning to diversify one of the fastest-growing cities in the world.
Foundation for the new project in Hosur, the industrial city located just outside Bengaluru, is expected to be laid in a year’s time with the state government asking the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) to identify a land parcel close to the National Highway connecting the state capitals of Tamil Nadu and Karnataka.
The aim is not just to diversify Hosur and develop it as a hub for sectors of all kinds but also to attract fresh investments in the Information Technology and Information Technology Enabled Services, besides garnering the spin-offs from Bengaluru, the country’s IT capital. To be implemented by Electronics Corporation of Tamil Nadu (ELCOT), the Tech City project will be developed by a third-party firm which understands the requirements of MNCs.
The plan is to build a self-contained city, not just a few buildings to house IT companies. The Tech City, which will offer ‘A’ grade office space for IT/ITES firms and GCCs that are making their way into India, will be built in a way that everything that people working there need is accessible within 20 minutes
From hotels to convention halls to recreation facilities to plazas to schools to possibly a helipad – the TN Tech City will be self-sufficient, they plan to offer three kinds of facilities to those coming to set up their shops. They can choose between empty land for companies that want to construct their own buildings for purposes like Research & Development, plug and play mode, and warm shell properties.
