Ascendas India to set up IT parks
PM News Bureau
Ascendas India, in a joint venture with Maharashtra Airport
Development Company Ltd, will commence work on building an IT park at MIHAN in
Nagpur by end-June 2007. The park, spread over 63 acres of land, will be
implemented in six phases.
Ascendas and MADC will each hold 89 per cent and 11 per cent equity,
respectively, in the IT park. Ascendas expects the park to be ready by December
Ascendas India also plans to develop an international tech park at Hinjewadi,
Pune, in joint venture with Maharashtra Industrial Development Corporation. The
IT park would be spread over 25 acres of land and will be implemented in five
phases. The park is scheduled to complete by mid-2008.
Contact: Ascendas India, 3rd Floor, Discoverer Building, International
Tech Park, Bangalore (ITPB), Whitefield Road, Bangalore, Karnataka 560066. Tel:
080-41880000; Fax: 080-41880370; E-mail: firstname.lastname@example.org
[11 June 2007]