subject: Bangalore is an information technology and IT-enabled Services hot spot [print this page] Bangalore is an information technology and IT-enabled Services hot spot
Bangalore
Reasons to Invest in Hosur, Bangalore:
The collect orate has completed a comprehensive study of the Hosur belt and suggested, among other things, a software technology park, a floriculture park, a special economic zone (SEZ) and the development of massive commercial and residential areas. Hosur has been dovetailing on the strength of Bangalore talent pool, but industrial growth has been stagnant for some years now Hosur is a mere 20 km away from Electronic City, Bangalore IT hub, and the Tamil Nadu government wants to make the industrial township a giant satellite town like Gurgaon or Noida.
The Electronics Corporation of Tamil Nadu (ELCOT) will commission a study shortly along with the Confederation of Indian Industry on how Hosur can be transformed into an information technology and IT-enabled Services hot spot. The Software Technology Parks of India plans on setting up a park at Hosur.
The Union ministry of IT and communications has asked the Tamil Nadu government to allot land for the building. "With a TIDEL-type park, Hosur is a very viable idea. Lots of residential complexes will be thrown in between Hosur and Bangalore. Travel time is faster outside Bangalore to Hosur rather than within the city.
Having been an industrial hub for over two decades and home to the manufacturing plants of Ashok Leyland, Titan Industries, T.T.K. Prestige, Reckitt Benckiser, Hindustan Lever, and TVS Motors and so on, Hosur is now eyeing investments from IT (information technology) majors.
The town is just 30 km from Bangalore Electronics City and sees enormous potential to woo companies from across the border.
