Upcoming IT park will offer over 1l sq mt of space to companies, Real Estate News, ET Real Estate

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Indore: As the Industries Department is all set to issue work orders for a new IT Park, technocrats eyeing an advanced set up and plug and play workspace to create a conducive ecosystem for the IT/ITeS sector Are.

A new IT park of about 1.10 lakh square meters is coming up in the premises of Crystal IT Park Will be offered on lease and rental basis to tech firms as per Madhya Pradesh Industrial Development Corporation (MPIDC, Indore,

Mayank Pratap Singh, co-founder of an IT firm, said, “New IT parks should have dedicated spaces where startups can collaborate to develop innovative solutions to common challenges. The facility has shared equipment and resources such as 3D printers, office supplies And there should also be provision for meeting rooms.

The players said that the upcoming facility should be equipped with advanced facilities and necessary facilities for IT setup.

He said, co-working spaces have become a basic need and new IT parks should have ready-to-move-in space for budding entrepreneurs.

Some tech experts suggest the setup to have a dedicated space for hosting conferences, product launches and other large gatherings where companies can showcase their products and services.

Priyanshu Kumath, Founder, Sustainable Water Technologies Limited, said, “The new IT park should not be restricted to any particular domain, but the facility should be built in such a way that it caters to multiple sectors. The new facility will have facilities for engineering/hardware based startups There should also be space and facilities.”

The upcoming IT park has a total salable area of ​​around 65,000 square meters and the estimated cost of development is Rs 393 crore.

The technical experts also suggested plans for a gym, meditation room and other facilities in the IT park for the employees.

Savan Ladda, Secretary, Invest Indore said, “Indore is growing by leaps and bounds in the tech and startup sector given the policy and ecosystem prevailing in the city. The new IT park will further enhance its capabilities and attract investments. We expect The facility is expected to have state-of-the-art facilities catering to all the needs of the firms.

Some tech experts suggested lucrative services to help startups protect their data and information from cyber threats.

Dipika Pathak, another respondent, said, “The setup should have a crèche to help working mothers and a friendly space for physically challenged employees.”

  • Published on April 15, 2023 at 01:00 PM IST

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