Bangalore Electronics City sees enormous potential to woo companies from across the border

BangaloreReckitt Benckiser, Hindustan Lever, TVS Motors
Reasons to Invest in Hosur, Bangalore:and so on, Hosur is now eyeing investments from
The Union ministry of IT and communications hasIT (information technology) majors.
asked the Tamil Nadu government to allot landThe town is just 30 km from Bangalore
for the building. "With a TIDEL-type park, Hosur isElectronics City and sees enormous potential to
a very viable idea. Lots of residential complexeswoo companies from across the border.
will be thrown in between Hosur and Bangalore.The Union Ministry of Commerce has approved
Travel time is faster outside Bangalore to Hosurthe Hosur SEZ, which will come up on over 3,000
rather than within the city.acres at a cost of Rs. 512 crore. It is likely to
attract investments from the IT sector.
Growth Potential:Prohibitive land prices in Bangalore, the collectorate
If the proposal sent by the Krishnagiri districtbelieves, will be the driver for companies in and
Collectorate gets the stamp of approval from thearound Bangalore to think of moving across the
Tamil Nadu Government, Hosur will become theborder.
next Noida or Navi Mumbai, giving Bangalore a run"It is much faster to reach Electronics City from
for its money with regard to industrialHosur than from Bangalore city, though this may
development.change once the elevated expressway comes up
The collectorate has completed a comprehensivebetween Madivala and Electronics City," says Mr.
study of the Hosur belt and suggested, amongVakil, a developer.
other things, a software technology park, aMaran pitches in Making a pitch for Hosur is no
floriculture park, a special economic zone (SEZ)less than Union Minister for Communications and
and the development of massive commercial andIT Dayanidhi Maran, who wants the town to
residential areas. Hosur has been dovetailing on thecompete with Bangalore and has been talking to
strength of Bangalore talent pool, but industrialindustries here to invest across the border.
growth has been stagnant for some years now.About committed itself to meet this aspiration of
Having been an industrial hub for over twothe people and created over the past 8 years,
decades and home to the manufacturing plants ofHosur residential plots, plots, villas, apartments,
Ashok Leyland, Titan Industries, T.T.K. Prestige,houses, land, real estate, homes for sale.