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OBJECTIVES
To establish Tamil Nadu as the Destination of Choice for IT investments. To upgrade the quality of life for the citizens through e-Governance and IT applications in Government.
Electronic Corporation of Tamil Nadu - ELCOT
ELCOT is the back office of the IT Department of the Government of Tamil Nadu. Since its initiation, ELCOT has been characterized by its achievements in becoming a "one-stop-shop" of IT solutions for all the investors in the IT sector.
Knowledge Industry Township
To be setup on IT corridor in excess of 1000 acres. Residential & Entertainment facilities. A public - Private participatory venture to be developed at an estimated cost of over US $600 million. 200,000 IT employees to operate out of the IT corridor by 2008.
State of the art facilities : (promoted by ELCOT)
TIDEL PARK, Chennai
ELNET CITY, Chennai
ELCOT PARK, Chennai
TEX CITY, Coimbatore
BU ELCOT CITY, Coimbatore
ELCOT PARK, Coimbatore
Over 300,000 sq.m of highly advanced IT parks already planned for 2004.
ADVANTAGES OF CHENNAI
INFRASTRUCTURE
- Most inexpensive office space cost among major Indian cities - Cushman & Wakefield
- Chennai real estate price most attractive - C.B.Richard Ellis
- Reasonable real estate prices - Jones Lang LaSalle
- International Air Links to all major cities
- All digital telecom network
- Several private Basic Service Operators - BT - Sing Tel World's largest i2i submarine OFCs for 8.4 + Tbps between Singapore - Chennai
- International Data Links - VSNL/STPI
- Chennai's "IT Highway" - a unique cluster of IT companies Infosys, CTS, Wipro, TCS, Polaris, American Megatrends, Pentamedia, Verizon, FITSI, Sutherland, Scope International, Xansa, 1 new IT company every 3 days.
- Siruseri Park - 1000 acres on the 'IT Highway', Mahindra Industrial Park, right on NH 45 IT, IT park in Coimbatore.
- Aggressive expansion by major Indian MNCs like Infosys, Wipro, TCS etc.
- Fast track facilitation by the Government
- 47 km long Informational Technology Expressway
- Growth in IT exports from US $623 million to US $1.4 billion in the last 2 years from 2001 to 2003
- Comfortable power situation
- Infrastructure index : TN 145, Chennai 472 (India 100) CMIE Profile of Districts
- "Chennai the 2nd best and Coimbatore 5th best City to do business" - Business Today Survey.
HUMAN RESOURCES
- Quality of Human Resources is the key differentiate of Tamil Nadu
- Literacy of 73.5% vs. all India 65.4% (Census 2001)
- # 1 in IT training facilities
- 25 Universities, 252 Engineering Colleges, 207 Polytechnics and 526 IT institutes
- 75,000 engineering graduates per year including 35,000 + in IT area
- Ongoing public-private partnership project for Computer Science in all 1200 Government Higher Secondary schools - 40,000 students / year
- Cultural ethos that promotes the best work ethics
QUALITY OF LIFE
- Fine blend of traditional culture and modern technology
- Healthcare facilities with ultra modern and super specialty hospitals
- Good public / mass transportation system
- Good recreation facilities - beach resorts, golf links, amusement / theme parks, water sports, etc.
- Top notch schooling facilities
- Safe and secure state
- Reputed International schools
>> See also Tamil nadu IT Policy
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