ETL Infrastructure Services, is setting up an IT
park on Avinashi Road in Coimbatore district. It is estimated to cost
Rs.140 crore.
The company has acquired 14 acres of land for this venture and is planning to rent out eight lakh sq.ft
space in the first phase and a like area in the second phase of this project.
Work on the Phase I of the project is scheduled
for completion by September 2006.
In another development, the company is
also promoting a Home Linen Park in an area of 300 acres of land on the
outskirts of Coimbatore, near Avinashi. The project is entailing an investment
of Rs.110 crore. Work on the home linen park is underway with
completion scheduled by June 2006.