Hubli IT park space in demand

Hubli IT park space in demand
Business Standard
Our Correspondent / Chennai/ Hubli June 02, 2006

The IT Investors’ meet in Hubli on May 20 seems to have made an impact on the investors. Several investors have started enquiring about the facilities available in the Hubli IT Park.

The Karnataka State Electronics Development Corporation office in the IT Park at Tirakaramanakere in Hubli is flooded with inquiries.

Chief minister H D Kumaraswamy had announced a special package for the IT Park. This had prompted potential investors to look at the IT Park. Pune-based Neilsoft has already occupied 10,000 square feet of space for its unit and MphasiS Technologies has also evinced interest in setting up its unit in the park.

The IT Park is managed by Keonics on behalf of the Software Technology Park of India (STPI).

Convinced that the elite address will help improve their business prospects, some local dealers in computer hardware have also approached the KSEDC office to explore the possibilities of opening their showrooms on the ground floor which remains unoccupied.

KSEDC sources said Infosys Technologies, IBM and some NRIs have evinced interest in the park, which has 2.7 lakh sq ft of ready-to be occupied.

Representatives of TCS, Infosys, Wipro, Sankalp Semiconductors and 24x7 among others have already visited KIADB sites at Rayapur, Mummigatti and Kelgeri. The Hubli-Dharwad Municipal Corporation has identified 47 acres near Amargol between Dharwad and Hubli.