(------Siruseri------>Silicon Valley?????------)

All of us know that chennai is going to become a next Silicon Valley after bangalore. After sholinganallur another IT park is going to be constructed at Siruseri which is nearby to the Kancheepuram district. The main thing is the plot values in those areas are increasing day by day at Siruseri.

Most of the IT companies are extending its operation away from the heart of the city. For example if we take siruseri it is 30Kms apart from the city. Now a days it became a real panic for the software employees. Eventhough they provide the transport facility the software people, they need to spend more than 2 hours for their transportation. So my point is like, if they start the companies nearby the cities it would help the employees to reduce their stress as well as the employees can spend more time with their families and friends.

Let us see the details about few facts and the upcoming IT companies in siruseri.State Industries Promotion Corporation of Tamil Nadu Limited (SIPCOT) is a State owned Financial and Development Institution incorporated under the company's Act 1956 in the year 1971-72. SIPCOT is instrumental in making Tamil Nadu one of the most industrially developed States of the country for the past 28 years and extended valuable services. SIPCOT is going to construct the IT park in siruseri.

Tata Consultancy Services has acquired 70-acres of land at a cost of about Rs.13 crore at the new IT Park at Siruseri near Chennai. The company announced plans to scale up its manpower here from 5,000 now, to 7,500 in the next two to three years, and to 10,000 in an year from that.
This is the largest project attracted by the Siruseri park of 1,000 Acres, which is being developed by the State-owned SIPCOT. Already, Xansa of UK had acquired 27.36 acres. Besides, Infosys had requested 30 acres for expanding its Chennai operations.

ELCOT is the operating agency for Electronic Hardware Technology Park (EHTP) scheme in Tamilnadu. ELCOT has 27 joint/Associate companies in areas of components, consumer electronics, communication equipment, power electronics systems, software development. infrastructure development etc. The emphasis in the years to come will be in the following areas:

# Create infrastructure for software development at Chennai, Coimbatore, Madurai and Trichy.
# Encourage Tamilnadu companies to globalise their operations to meet the demands of economy.
# Encourage global companies to relocate their operations in Tamilnadu and to start their new manufacturing divisions in Tamilnadu.# Encourage joint venture initiatives in leading edge technologies.
# Reversal of brain Drain.

INFORMATION TECHNOLOGY PARK, SIRUSERI

1.Name of the Complex ------------>SIPCOT Information Technology Park, Siruseri.
2. Location ----------------------->Chengalpattu Taluk, Kancheepuram District.30 Kms from Chennai on old Mahabalipuram road. Half an hour drive from Chennai city limit.
3.Area of the Park----------->1000 Acres
4. Saleable area --------------->700 Acres * 450 Acres to be developed.
5. Area now available for allotment --------------->677 Acres
6. Cost of the plot ----------->Rs.16.00 lakhs per acre.
7. Connectivity ----------->Well connected by road to Chennai city. Chennai Domestic/Internal Airport, Seaport and Railway Station located at a distance of 30 Kms from the Park.
8. Water Supply ------------>Copious supply of water isassured by SIPCOT.
9. Power Supply------------->Separate Substation is proposed for Uninterrupted power supply to the Industrial units.
10. Telephone ----------->Separate Telephone Exchange is proposed in this Park.Telephone connection will be available on demand.
11.High Speed Data ---------->It is proposed to set up separate connectivity earth station for providing these facilities to the units located in this Park.
12. Financial Incentives to eligible industries -------------->Cash subsidy at 20% of fixed assets with a maximum limit of Rs.20 lakhs.Additional subsidies on purchase of generator sets and employment of women workers.
13. Preferable industries ----------->Software, Hardware and its related industries
14. Present status of the Complex -------------->The Park is being developed.