Tamil Nadu government is likely to establish the TN Tech City Project in Madhavaram. 

A 150-acre parcel of land has been identified for this project. It will be implemented by the Tamil Nadu Industrial Development Corporation (TIDCO).

The aim of this project is to attract both global and domestic investments in various sectors, including information technology (IT), IT-enabled services (ITeS), global capability centers (GCC), Fintech, and Deeptech. 

The Tech City will provide premium office spaces with social infrastructure and residential spaces. 

Apart from this, the project will house centres of excellence, innovation hubs, and will also have a world-class convention centre. A massive data centre is also being planned.

“A preliminary study has already been done by the Electronics Corporation of Tamil Nadu Limited (ELCOT). We are now going ahead with a detailed feasibility study, and we will be roping in a consultant for this,” said Sandeep Nanduri, Managing Director, TIDCO.