Beyond the obvious
With its old world charm, Lucknow is a fast-rising aspirant in the IT-ITES industry.
Lucknow has many issues to address before it competes with the large metros. Reasons: lack of infrastructure and perceptions over law and order. Moreover, even for pioneers such as TCS, expectations have not been met in terms of rampup of business. However, Krishna and company are not backing down. In August, at the NASSCOM-backed ITBPO Destination Lucknow initiative, state government officials, led by Chief Secretary Atul Gupta, did their bit to sway some 200-odd investors to pitch their tents in Lucknow, which now has many big city amenities such as malls and several luxury hotels. “The trend towards Tier-II towns will accelerate in the coming years,” agrees NASSCOM Vice President Rajdeep Sahrawat. What will tip the scales decisively in Lucknow’s favour will be a few runaway successes.
Lucknow fact file |
Weaving a new story
Coimbatore has got off to a blazing start, but it needs to maintain its pace over the long-term
Cognizant was the first large IT company to enter Coimbatore back in August 2005, but now, a raft of others are following suit. Anurag Jain, Regional Managing Director, Asia-Pacific & President, Applications and Business Process Solutions, Perot Systems, says:
“We thought we would start off small and grow to 300 people over some years, but ended up with that figure in under a year.” Perot Systems already has 500 and is expanding again into its own campus, like Cognizant.
While top software exporter TCS already has a team of 150 here, several other companies, including Wipro, HCL Spheris and Robert Bosch Engineering & Business Solutions, are all queuing up to start or expand their Coimbatore facilities. TCS has signed an MOU with the Coimbatore District Small Industries Association (CODISSIA)— to provide end-to-end engineering solutions for TCS’s global customers.
Interest in the city was also generated by the state-promoted ELCOT developing an SEZ where TCS, Wipro and HCL have taken space. ELCOT is also setting up the Tidel Park in Coimbatore. It is as big in size as the one in Chennai—1.7 million sq. ft—to attract smaller players. B. Evanesan, Business Development Manager, ELCOT, expects this will result in direct employment for 25,000 people by 2010. Meanwhile, there are five other private IT parks in the city spread across 2.6 million sq. ft, and three other private SEZs are being constructed—by Coimbatore Hitech Infrastructure, Bannari Technologies and Span Venture—over a combined area of 68.5 hectares.
Coimbatore is a magnet for talent-starved companies, since it is a catchment area for people from the towns of Udumalpet, Pollachi and Palakkad. Coimbatore is also home to 27 engineering colleges, which churn out 19,222 engineers every year. Social infrastructure, too, is on the upswing, with 6-7 luxury hotels readily available. “The critical parameters that companies look at before they set up a facility in a new city are HR availability and costs, real estate availability and costs, physical infrastructure, business environment and social environment,” says Ramesh Nair Managing Director, Chennai, Jones Lang Lasalle Meghraj. With all this frenetic progress, Coimbatore could soon become more than just a challenger to Chennai and Bangalore.
Coimbatore fact file |
