Tamil Nadu to promote SMEs

CIOL Bureau
New Update

NEW DELHI, INDIA: The Tamil Nadu Government is aiming at promoting the small and medium enterprises (SMEs) in the IT sector.


Disclosing this to CyberMedia News, C Umashankar, managing director of Electronic Corporation of Tamil Nadu (ELCOT) – the state IT implementing agency said that for this purpose the government will be allocating one million square feet each for the SME sector in all the IT parks.

“We are focussed on promoting the SMEs. The space allocation for large companies in the IT parks is done on an ad-hoc basis and for the SME we will be allocating one million sq. ft in each of the IT parks promoted by the state government. The space will be offered at affordable rates,” he informed.

Umashankar said that only land will be allocated for large IT companies to set-up its own campuses.

“We see the large ones as anchor companies, and when they come in then the system will see the non-anchor companies also following the trend. The space allocation is only for serious players in IT sector and not for any dubious company, which gets for real-estate purposes. All the interested companies should be export-oriented. However, we are awaiting the state cabinet approval for going ahead with the project,” he said.

“We will also be offering up to 50 per cent concession for SMEs to participate in international events and conferences such as the forthcoming GITEX / CEBIT sessions. The SMEs will also be invited in state government’s business delegations going abroad,” Umashankar added.