Information Technology (IT) parks with a built-up space of 50,000 sq.ft. each will be inaugurated in three Tier II cities next month, said P.W.C. Davidar, Principal Secretary, State IT Department.
Addressing a seminar on innovation ecosystem organised by the Confederation of Indian Industry (CII) and Cambridge Judge Business School at Loyola Institute of Business Administration (LIBA) on Friday, he said that while the Tiruchi IT park would be opened on December 9, the Tirunelveli IT Park and one of the IT parks in Madurai would be launched by the end of December.
Taking IT to Tier II cities has worked. The Tiruchi and Madurai parks are full and Tirunelveli has started attracting companies. Salem and Hosur IT parks also have takers, he said, adding that Tier II cities have lower attrition rate. Navi Radjou, executive director, Centre for India and Global Business, Cambridge Judge Business School, explained the innovative ecosystem in the 800-year-old university that produced 85 Nobel laureates, and has created infrastructure for innovation. N.K. Ranganath, vice-chairman, CII Tamil Nadu State Council; Ananth Krishnan, chief technology officer, Tata Consultancy Services; Sandhya Shekar, chief executive officer, IIT-Madras Research Park, and Meera Sampath, director, Xerox India Innovation Hubs, spoke.