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Friday, March 13, 1998

Hyderabad, not Bangalore, is new destination: Ratan 

PRESS TRUST OF INDIA  
Bangalore, Mar 12: Chairman of the Tata group of companies, Ratan Tata, on Wednesday said the attraction of Bangalore as the high-tech city was on the decline and Hyderabad was fast emerging as a computer city.

"What is the attraction of Bangalore?, companies are moving towards Hyderabad," Tata replied, when asked about the poor response to the Information Technology Park Limited (ITPL) set up by the group in collaboration with the Karnataka government and a consortium of Singapore companies.

Tata's response came in the backdrop that only 30 per cent of the total offered space of the ITPL, commissioned last year, was sold, despite serious marketing efforts and even Microsoft had decided to set up its new facility at Hyderabad.

Asked what would be the strategy of ITPL, Tata, who was here to inaugurate the digital library at the Indian Institute of Science, the first of its kind in the country, said the park would remain there.

About the Tata-Raytheon international airport project, he said the techno- feasibility study of the project was over, and final clearances were expected from the new government. He parried questions on the Tata-Singapore airlines project.

Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.



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