TRIL enters into an agreement with TIDCO

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Kolkata, Apr 28(UNI) Tata Realty and Infrastructure Ltd (TRIL), a hundred per cent subsidiary of Tata Sons Ltd, today announced that it had entered into an agreement with Tamil Nadu Industrial Development Corporation (TIDCO) for developing an Information Technology Special Economic Zone (IT SEZ) at Taramani in Chennai.

The company would also set up in joint venture an international convention centre and a five-star hotel and service apartments with Indian Hotels Companyh Ltd (IHCL) involving a total investment of Rs 3,000 crore.

Company sources said here today that the IT SEZ was expected to generate direct employment to about 40,000 people and indirect employement to another 15,000.

To be implemented in two phases, the project would also include building up of commercial office spaces and retail malls.


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