Ad Here  
July
August
September
October
November
December
 
 
Unique Tirupur water supply scheme The city never sleeps Aavin leads second milk revolution The Indian punch to global FMCG giants! Manpower for plastics... Marching Towards Navratna Centre of modern industrial temples LMW: Spinning Success... Textiles: a stitch in time Tractor Industry in low gear Changing face of Bhiwadi Yen for research and development Samarapungavan and Sankarabharanam Water, water everywhere… TEAM BUILDING AND NURTURE LEARNING… Tap the big land resource Amazon runs into trouble with Karnataka government Safe bet on solar Weaving wealth... Sugar as a byproduct of sugar mills… Bland skies henceforth? All that glitters… Farmer’s Friend Give fridges and washing machines free... Pearl city to port city Radiant Rajasthan... Bitter state of the sweet sector Largest blast furnace at Burnpur Our own Silicon Valley TN lost several Tata projects… Focus on increasing ethanol production... A positive sign for Make In India Knitting for the globe Silk city to auto city Automatic cars zip ahead... Mediville amidst a modern industrial complex Chaos at Chettinad house ‘Swachh’ city... High sugarcane prices crush industry Changing horizons.... Weaving knowledge and wealth Dynamic pricing is so destructive! When Chennai caught up with Petro-boom... Queen of industrial clusters No break for growth... A silent revolution at Sowripalayam Platinum years of engineering innovation, building skills... Indian majors’ industrial hub Kalinga Plant ready to ROLL Cognizant to buy out TRiZetto for US $ 2.7 Bn Windfall in locked lands Powering industrial dreams... Crafting spaces to excellence To make companies TN their home... On the banks of Bhavani I scream... Bonanza in locked lands... Health insurance on growth curve Schwing Stetter forays into tower crane business The year of resurgence... Growing industrial outpost Rise and fall of India’s calcium carbide industry Needed – a strong machine tool industry Power position brightens Ports-gateways to trade...
 
Our own Silicon Valley
The dusty, untarred road leading to Mahabalipuram from Chennai now has a modern spick and span crowded look around it.

The buzzling and traffic congested  IT Corridor or Old Mahabalipuram Road(OMR for short)did not exist even 15 years back. I recollect buying a seven acre piece of land at Sholinganallur for Tata Consultancy Services(TCS) in 1990. The road to the city was full of pot holes and the land itself was amidst farm houses. I used to wonder if IT professionals would agree to work there, given the time it would take to commute. This was a major business issue for us, as we bought this property  to create work place for 1600 professionals.

By 1997, the IT sector in Chennai was growing primarily on the back of the Y2K workload, which established the need for large-sized offices where nearly 1000 professionals could work together.  Chennai was one of the few cities in India which could provide large number of qualified workforce for this industry.

The state government grabbed the initiative by establishing Tidel Park, at the start of OMR, to provide a world class facility with assured power supply and broadband connectivity. Companies could start their operations thereby using its “plug and play” facilities and move on to their own campuses as they grew larger.

A realistic dream                                                                                                                       

Confederation of Indian Industry(CII) was the first to champion the cause for a specialist corridor in Chennai. CII organised CONNECT, an event focusing on Information and Communication Technology(ICT). In the first edition of CONNECT held in 2001, we coined the term Knowledge Industry Township(KIT) to promote this corridor with a focus on attracting ICT companies. We wanted to replicate the Silicon Valley of the US. We felt that OMR had the necessary environment for it! - a large unpopulated place, nearness to world class centres of learning like IIT and Anna University and proximity to a culturally vibrant city. This was the dream and the fact that a large number of companies have moved in shows that the dream was grounded on realistic aspirations.

 

Close involvement of government and business    

OMR succeeded because of the close involvement of both industry leaders and the government.  Tamil Nadu had created industrial estates, but not at the scale at which this cluster was envisaged.  The requirement was to create a mini city. The first part was to develop roads which could take the high traffic envisaged. This took time and we have a good infrastructure now. However, given the expansion that continues to take place in OMR, we cannot continue to rely only on road transport. The second part was to provide social infrastructure so that residential communities can move there. There are a number of high quality schools and health care institutions now, in and around OMR.

1 2
Author :
Reported On :
Sector :
Shoulder :
RELATED NEWS
ABOUT IE
IE, the business magazine from south was launched in 1968 and pioneered business journalism in south. Through the 45 years IE has been focusing on well-presented and well-researched articles. When giants in the industry stumbled to keep pace with the digital revolution, IE stayed affixed embracing technology.
Read more
 
PRIVACY POLICY
Economist Communications Ltd is committed to ensuring that your privacy is protected.
Read more
TERMS AND CONDITIONS
You agree that your use of this Website and the purchase of the magazine will be governed by these terms and conditions.
Read more
 
CONTACT US
S-15, Industrial Estate,
Guindy,
Chennai - 600 032.
PHONE: +91 44 22501236
EMAIL: indecom1968@gmail.com