Real estate major DLF Ltd has launched a 140-acre IT SEZ at the Multi-modal International Hub Airport at Nagpur (MIHAN), Maharashtra. The company will invest an estimated Rs 2,000 crore on developing this project. It will generate employment for about 50,000 people. The total work space within the IT Park will be 8.5 million sq ft, which makes it DLF’s biggest IT Park to date. The project will be completed in three years. It has already received formal SEZ approval. The IT Park is situated close to the international Hub Airport.
DLF executive director (commercial) Y K Tyagi said: “With other big cities getting saturated, a city like Nagpur, which has good infrastructure, offers a lot of opportunity for the development of space catering to the IT-ITES sector.” Maharashtra Airport Development Company (MADC) managing director R C Sinha, who laid the foundation stone for the park, said, “Today is a big day for MIHAN as work on the first project here has begun. Within the next three years, MIHAN will attract an estimated investment of Rs 17,000 crore.”
Other major IT companies that have purchased land in the MIHAN SEZ are Wipro, TCS, Shaporji and Pallonji, Dell Corporation, Satyam, L&T Infocity and Ascendas. Ascendas and TCS started work on their IT Parks.
