Cerebral Shangrila

Tuesday, June 20, 2006

TN to woo Bangalore IT firms

The Financial Express reports, " A month after Andhra Pradesh chief minister YS Rajasekhara Reddy’s attempt to woo investments from Bangalore infotech firms, it is now Tamil Nadu (TN) chief minister M Karunanidhi’s turn. Mr Karunanidhi has taken the battle for IT investments to the heart of Bangalore by promising big-wigs like Infosys and Wipro all the help if they step up investments in Chennai and tier-II cities in the state. Much to chagrin of Karnataka, Mr Karunanidhi has the full backing of Union ICT minister, Dayanidhi Maran.

While Mr Reddy canvassed IT wizards at a hotel in the garden city, Mr Karunanidhi went a step ahead by directly visiting the Wipro and Infosys campuses. Infosys announced it would create 25,000 jobs in TN in three-to-four years with its largest campus coming up in Mahindra City near Chennai. Sources said, Wipro chief Azim Premji also assured more investments, particularly in tier-II cities. The TN chief minister’s visit to top IT firms in Bangalore is seen as a significant event, especially at a time when they are thinking of expanding operations outside Karnataka."

Seems MK has made a promising start in his new tenure or is there to more to it than it meets the eye ?


  • Obviously...he is an hardcore politician..and his family always knew where the money is like how they did by controlling the cement and Cable tv in their previous regime.

    Whatever he makes, if something good happens to TN out of it that effort should be appreciated(thinking abt Tier II cities is a welcome move).

    By Blogger gormandizer, at 3:49 PM  

  • gorm -- I am torn between cynicism and hope...

    By Blogger Cogito, at 4:05 PM  

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