IT Park space at a premium now Infosys, Wipro, TCS, IBM, NRls, Hardware Dealers Interested

IT Park space at a premium now Infosys, Wipro, TCS, IBM, NRls, Hardware Dealers Interested
Source: HDMC Website

The office of the Karnataka State Electronics Development Corporation here has been flooded with inquiries about availability of space in the Hubli IT Park, in the wake of the hugely successful IT Investors' Meet held here last month.

A number of participants at the meet visited the IT Park, which is managed by Keonics on behalf of the Software Technology Parks of India, to get a feel of the facilities available there in order to factor it among their future expansion plans.

Keonics assistant manager H Devanand said that senior representatives of Infosys Technologies, IBM and at least three NRIs have evinced interest in the park. It has 2.7lakh sqft of ready-for-occupation space, which is most suitable for start-upventures and BPO facilities.

He said some local dealers in computer hardware have also approached him to explore the possibility of opening their showrooms on the ground floor at the front which is still available in the Park, convinced that the elite address would help them promote their business prospects.

The incentives announced by the state government to hardsell the park at a discount has also prompted potential investors to look for space in the IT Park. Neilsoft of Pune has already set up their unit in the Park and Mphasis Technologies is also keen on setting up base there.

Seniors of Tata Consultancy Services, Wipro and Infosys, and others including 24/7 and Sankalp Semiconductors, who are keen on land to set up their campuses, have already visited KIADB sites at Rayapur and Mammigatti and Kelgeri. HDMC has identified 45 acres at Amargol, between Hubli and Dharwad.

The mood in business administration circles is upbeat. They are convinced that it is now only a matter of time before Hubli comes up on the IT map of the country. They are particularly encouraged by Nasscom president Kiran Karnik's remark that industry will have to go where the talent pool is.