Rise in prices of steel and cement: Coimbatore, Madurai

Continuous rise in price of steel and cement in tamil nadu, gives lot of pressure for Building projects in Coimbatore.

Coimbatore builders seek government help to curb prices of steel and cement in tamil nadu.

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Madurai Real Estate - Rakindo Developers: Madurai

Real estate developer Rakindo Developers has unveiled its plan to build a $1.5 billion (Rs 6,000 crore) integrated township at Coimbatore. It is expected to be ready for launch by the last quarter of 2008. The flagship project of Rakindo Developers in the texcity will be developed over 1,000 acres with an 18-hole golf course as the centrepiece, Rakindo Developers MD Prasad Koneru told.

Rakindo is committed to invest $ five billion in India over the next five years and will on a conservative estimate build about 50 million sq ft. It has several integrated township projects in the pipeline. These include 500 plus acre project at Hosur, 1,000 acre at Gurgaon, 450 acre at Cochin, 250 acre in Trichy and 500 acre in Madurai.

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Importance for Textiles Park in Coimbature, Karur and Madurai

the Centre was also aware that textile sector held the second-most important position in the economy which needs to be nurtured and his Government would continue to pay attention on this sector.

Describing the Palladam hi-tech weaving park as a novel attempt , Mr Chidambaram said the weaving park with an infrastructure spend of Rs 55.42 crore, of which the Government subsidy alone stood at Rs 22.17 crore, and weavers investment of Rs 160 had potential to provide 5,000 jobs to rural people. Of the 30 such textile parks sanctioned by the Centre across the country, six parks are to be established in Tamil Nadu. Two parks — Palladam weaving park and the Kumarapalayam Hi-tech weaving park in Kumarapalayam — were inaugurated today. The establishment of four more parks – in Karur, Perundurai, Madurai and Cuddalore – are to follow suit, Mr Chidambaram added.

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Exponential growth in Coimbatore

THE industrial and textile city of Coimbatore is in the throes of a big change. For the past three years, it has witnessed ceaseless activity in every area – real estate, foundry, engineering industry, civil aviation, information technology, textiles, hospitality, health care, education and poultry farming. However, the resulting economic boom has brought in its wake a host of problems, and the optimistic mood that prevailed earlier is now tempered with caution.

If the six-laning of the arterial Avanashi Road and the cutting down of hundreds of trees lining the road for this purpose are the most visible form of activity, there are numerous entrepreneurial activities taking place quietly. For instance, the construction of a massive Trade Fair Complex with five halls and with a total built-up area of 30,000 square metres. Two halls, big enough to hold industrial exhibitions, and a food court of international standards are the latest additions. The Trade Fair Complex is the flagship project of the Coimbatore District Small Industries Association (CODISSIA). It is gearing up to host the biennial Industrial Technological Fair from February 1 to 6. About 450 participants are expected to showcase different types of CNC machines, hydraulic presses, general engineering machinery, welding machinery, construction equipment, gearboxes, motor pumps, and so on. Fourteen foreign countries are also participating.

C. Muthusami, the low-profile president of the association, said: “CODISSIA is the first district association in India to own a trade fair complex. The complex is spread over 40 acres. The entire complex has been built without any assistance from the government. The first phase, which involved the construction of three gigantic halls, was completed in just 155 days.”

In April, Suguna Kalyana Mandapam will host a “Made in Coimbatore” exhibition organised by the Lions Club of Coimbatore Gems. The city has pioneered many products – wet grinders, household appliances and domestic and irrigation pumps, to name a few.

“What is not made in Coimbatore?” asked N.S. Kumar, chairman, Yenyeskey Machine Tools, Coimbatore, who is striving to make the exhibition a success. “The people of Coimbatore themselves do not know the range of products made here. Wet grinders were first made here. Different types of textile machinery have their origins in Coimbatore.” If there was hype about Coimbatore being the second information technology hub in Tamil Nadu after Chennai, it is becoming a reality. After a delay of about 15 months, the first steps have been taken for the construction of TIDEL Park, Coimbatore (TPCL). It is a joint venture of the Tamil Nadu Industrial Development Corporation (TIDCO), the Electronics Corporation of Tamil Nadu (ELCOT), the TIDEL Park and the Software Technology Park of India (STPI). The success of the TIDEL Park in Chennai has encouraged its promoters to build a second TIDEL Park, in Coimbatore, which will be a massive plug-and-pay building complex for IT companies. It will have three basements, ground floor and four upper floors, a total built-up area of 1,61,500 sq m. Bids have been invited for building this sophisticated complex with civil and allied works at an estimated cost of Rs.140 crore. The complex will come up at ELCOT’s Special Economic Zone (SEZ) for IT at Vilankurichi.

Sourcing from hikrish and hindu

Coimbatore Tidel Park: Coimbatore IT Park

Coimbatore Tidel Park - Coimbatore IT Park

TIDEL is a well known and reputed brand. Having established high standards of quality and service, TIDEL Park is planning to utilize its experience and expertise in the IT infrastructure to develop a world class IT Park at Coimbatore.

TIDEL – Coimbatore will be an IT Park in the IT-SEZ of ELCOT at Coimbatore, Tamilnadu, India. It is located very close to the Coimbatore Airport on the Avinashi Road, adjoining Coimbatore Medical College. Total built-up area will be about 1.0 million sq.ft. and will have the flexibility to accommodate IT companies of various sizes (small, medium & large). The Building & facilities will meet the requirements of IT companies and of international standards. Similar to the TIDEL Park – Chennai, this facility at Coimbatore will adopt latest technologies to make it truly a world class IT facility. To name a few, the IT Park will have the following facilities.

1) Connectivity - High speed data & Voice communication back bone by multiple service providers
2) 100% back up for power & communication facilities
3) Intelligent Building Management System
4) Auditorium / Conference Halls with Video Conferencing facilities
5) Food Courts, Banks and other support services facilities

The site development work is in progress.

TIDEL Park at Coimbatore is targeted to become functional by Mid 2008. The booking for space will also start soon.

sourcing from tidelparkcoimbatore.in

Madurai ideal for BPO business/company: Madurai advantage as a tier-II city

According to a recent study conducted by consultancy firm Everest Group, the increased real estate prices and a talent crunch in metros are forcing the $11 billion Indian BPO industry to move to tier II cities in the country.

"It is difficult to maintain the growth in tier I cities because of the rising real estate prices and talent crunch. There is no option but to move to tier II cities," Everest Group's Country Head (India) Gaurav Gupta said.

Currently, BPO industry is concentrated in seven cities namely Bangalore, NCR, Mumbai, Pune, Chennai, Hyderabad and Kolkata.

"Movement to lower-cost cities within India is likely to result in additional 15 to 30 percent reduction in operating cost despite lower employability and higher management costs," head of Global Services at Everest Research Institute Nikhil Rajpal said.

Everest Group is a global consulting firm specializing in sourcing and offshoring advisory services. The study ranks several tier II and tier III cities on their potential to become the next BPO hubs for various domains in the future.

For finance and accounting services, Ahmedabad, Nagpur, Jaipur, Indore and Nashik/Nasik emerge as ideal cities to host BPO firms.

Similarly, Nagpur, Vishakhapatnam, Ahmedabad, Mundra, Coimbatore and Madurai are ideal locations to have BPO operations in logistics domain.

Sourcing from SI

Chennai, Coimbatore, Dindigul and Madurai: Tier-1, Tier-2, Tier-3 and Tier-4 Cities of tamil nadu

Please refer to the map above for the districts/cities we refer to.

Government has divided the districts into four different categories, based on the level of existing development, infrastructure and the level of infrastructure and development needed in the years to come.

As years go by, if the cities progress, the city moves to upper tiers.
The four tiers are Tier-1, Tier-2, Tier-3 and Tier-4 cities.

For example, Tier-1 constitutes Chennai. Tier-2 constitutes Coimbatore, Madurai, Trichy etc., Tier-4 constitutes Dindigul.

Coimbatore is a strategic development centre for Cognizant like software companies, similar to the ones we have in Chennai, Kolkata, Pune, Bangalore, Hyderabad and Mumbai. Cognizant is committed to grow the centre, leveraging the rich talent pool of technical professionals in the region.

Coimbatore will soon emerge as a Tier-1 city for IT in one year, based on the growth we are seeing.

It is not only Coimbatore that is on the Tier-2 city map of Tamil Nadu, but also Trichy, Madurai, Salem, Hosur and Tirunelveli.

Other than Coimbatore, Tamil Nadu is trying to develop Tier-2 cities spreading across the entire state; from Chennai at the northern end to Tirunelveli at the southern tip. Sekar Ponniah of Global Software Solutions (TVL) Pvt Ltd started a 100 % Export Oriented Unit located at Tirunelveli in the year 2000.

While we look at the map above, Dindigul, which is a Tier-4 cities, is strategically located between Coimbatore, Karur and Madurai.

Coimbatore, which is currently a Tier-2 might move up to Tier-1 city soon. Madurai, which is Tier-2 city is also improving. Karur is a very well industrialized export unit. Now, Dindigul present in between Madurai, Karur and Coimbatore has lot of advantages in future.

Note down, in your diary - Dindigul will become big someday, considering its georgraphic location.

Coimbatore Wipro is being setup: Other districts than Madurai

Even though Coimbatore Tidel Park is in progress, Wipro has started to build the building in Kovai(Coimbatore).

The company has planned to construct three software development blocks on a sprawling 9.5 acre plot adjacent to the Tidel Park behind the Coimbatore Medical College.

This is called the real progress guys and development!! Hope things would happen in Madurai and we will hear news similar to this in Madurai!!

Coimbatore is way to go in its development.

Madurai to contribute to TN(Tamil Nadu) software exports in year 2009

The special economic zones for IT-ITeS industry in Coimbatore, Madurai, Tiruchirapalli, Salem, Tirunelveli, Hosur and Vellore announced by the state government were with an intention of increasing the software exports, Tamil Nadu State Chief Minister Karunanidhi said.

Tamil Nadu's software exports are expected to cross Rs 26,000 crore during the current fiscal, state Chief Minister said in Chennai. Rs 14,400 crore in 2005-06, rose to Rs 20,700 crore during the previous fiscal.

It is expected to rise again to Rs.26000 Crore for the year 2009.

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Potential of Other districts of Tamil Nadu

Madurai Machan is going look at other cities/districts of Tamil Nadu for it's infrastructure and their potential for industrialization.

Please have your fingers crossed and let us explore all the districts, except Chennai. We are leaving out Chennai because it is already explored by many and there is lot to do in other backward districts.

Districts of Tamil Nadu

1. Chennai/Madras District
2. Coimbatore District
3. Cuddalore District
4. Dharmapuri District
5. Dindigul District
6. Erode District
7. Kanchipuram District
8. Kanyakumari District
9. Karur District
10. Krishnagiri District
11. Madurai District
12. Nagapattinam District
13. Namakkal District
14. Perambalur District
15. Pudukkottai District
16. Ramanathapuram District
17. Salem District
18. Sivagangai District
19. Thanjavur District
20. The Nilgiris District
21. Theni District
22. Thoothukudi District
23. Tiruchirapalli District
24. Tirunelveli District
25. Tiruvallur District
26. Tiruvannamalai District
27. Tiruvarur District
28. Vellore District
29. Viluppuram District
30. Virudhunagar District
31. Ariyalur district