728 x 90
728 x 90

Tidel Park Trichy to Triple IT Office Space with New Expansion Project

Tidel Park Trichy to Triple IT Office Space with New Expansion Project

Tidel Park Trichy is set to triple its IT office space with a ₹315.2 crore project, adding 5.5 lakh sq ft in phase one. This expansion, alongside private developers’ contributions, will position Trichy as an emerging IT hub, offering low operational costs and access to a growing talent pool.

Tidel Park Limited, a joint venture between Tamil Nadu Industrial Development Corporation (TIDCO) and Electronics Corporation of Tamil Nadu (ELCOT), is set to significantly boost Trichy’s IT infrastructure with a ₹315.2 crore expansion project. The new Tidel Park, next to the upcoming Integrated Bus Terminus (IBT) on the Trichy-Madurai National Highway, will add 5.5 lakh square feet of IT and ITES office space in its first phase, tripling the city’s current office capacity. An additional 5.5 lakh square feet is planned for phase two, making Trichy an emerging IT hub.

Construction will begin in early 2025 and take around 18 months to complete. “We have to observe the response for the tender floated. Construction work will go on for 18 months,” said an official source from Tidel Park. Trichy’s IT infrastructure currently consists of 1.8 lakh square feet at the Trichy ELCOT IT Park. Upon completion, government-owned office space in the city will expand to 7.3 lakh square feet, a substantial increase to meet growing investor demand.

Private developers also contribute to the city’s development by planning 6 lakh square feet of office space. Trichy’s low operational costs and rich talent pool continue to attract significant interest from the IT sector. “Enquiries for new office space are increasing, and an anchor IT industry setting up in Trichy would further accelerate this trend,” noted A R Syed Arif, former chairman of CII Trichy Zone.

New office developments are being launched in core areas like Thillai Nagar and Cantonment and peripheral areas like Kattur and the Airport, positioning Trichy as a growing office space hub. The Confederation of Indian Industry (CII) Trichy plans to host events connecting IT investors with real estate developers to promote commercial spaces. “We are planning a fair to promote office and commercial space, as the focus has been mainly on residential projects so far,” said Chella Ramaswamy, chairman of CII Trichy.

As Trichy continues to grow its IT infrastructure, the expansion of Tidel Park, alongside private investment, is set to transform the city into a key player in Tamil Nadu’s IT sector, offering an attractive location for investors and talent.

Flexinsights
ADMINISTRATOR
PROFILE

Posts Carousel

Leave a Comment

Your email address will not be published. Required fields are marked with *

Latest Posts

Top Authors

Most Commented

Featured Videos