Tata to Establish Rs 32.73 Bn IT Park in Whitefield, Bengaluru
The Karnataka Government has granted approval to Tata Realty and Infrastructure Limited (TRIL) to establish a cutting-edge IT and ITES business park in Bengaluru, entailing an investment of Rs 32.73 bn.
The forthcoming Tata Intelion Park will be situated within the Doddanekkundi Industrial Area in Whitefield, spanning 25.5 acres. The development is projected to generate employment opportunities for approximately 5,500 individuals.
TRIL acquired the land from Graphite India Limited in August 2023 at a cost of Rs 9.86 bn. The park will comprise infrastructure for IT, retail, and associated services.
As per a government notification dated 17 April, the project has been sanctioned with certain stipulations, including the employment and training of local residents, the promotion of local vendors, and the implementation of social infrastructure initiatives.
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