New IT park in Indore will be capable of housing over 50 tech firms, an incubation center and more
In a bid to boost the entrepreneurial spirit of aspiring innovators in the city, the upcoming IT park in Indore will house an incubation center and a data center, along with the capacity to house several thousand workers. The new IT park in Indore will be built on a land of 1.10 lakh square meters within the Crystal IT park campus and once constructed, over 50 tech firms will be able to rent and lease the place.
Work order for IT park to be issued by next fiscal year
Indore's new IT park, the work order for which will likely be issued by the start of next fiscal, will be built at a cost of ₹393 crore. The park will feature a slew of facilities including office spaces, lounges, cafeteria and plans are also underway to build a luxury 55-room hotel within the IT park.
Furthermore, the proposed IT park in Indore will also fire on the sustainability front, being a green building where all the natural resources will be used optimally.
And as for Indore's strides towards becoming India's next IT hub, the MPIDC (Madhya Pradesh Industrial Development Corporation) is also planning to come up with another IT park in the city, which will be Indore's fourth.