G Balachandar, Chennai
Financial Chronicle
At a time when Indian states like West Bengal are caught up in controversies over acquisition of large tracts of land for industrial development, Tamil Nadu, which has seen no major issues over SEZ developments, plans to adopt the successful Perambalur SEZ model for the proposed IT Investment Region (ITIR) project in the state.
ITIR model has recently been conceptualised by the Centre to boost growth in IT/IT enabled services (ITeS) and electronic hardware manufacturing. ITIRs would be a combination of production units, public utilities, logistics, environmental protection mechanisms, residential services and administrative services. The region may include one or more SEZs, industrial parks, free trade warehousing zones, growth centers duly notified by the Centre,
While the state government will play the lead role in setting up the ITIRs by identifying the suitable site and preparing the proposal, Centre will examine the proposal, approve and monitor the progress through a special committee. Centre will also ensure the availability of external physical infrastructure linkages and support to the region.
Tamil Nadu, which houses large operations of Indian and global software giants as also the manufacturing operations of global electronic majors, has proposed to set up an ITIR near Chennai. Spread over 1,600 sq km, with its boundaries connecting Chennai, Kanchipuram, Chengalpet and Mahabalipuram, the ITIR zone will connect the Chennai–Bangalore NH 4 up to Kanchipuram, Chennai–Tiruchi NH45 up to Chengalpet, and Chennai–Mahabalipuram IT corridor (OMR), besides linking Mahabalipuram, Chengalpet and Kanchipuram.
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