Upcoming IT Park in Indore to offer over 1 lakh sq meter space to companies

April 15, 2023

INDORE: As the industry department is all set to float the work order for a new IT Park, techies eye for an advanced set up and plug and play workspaces to build a conducive ecosystem for IT/ITES sector.

A new IT Park of about 1.10 lakh square meter is coming up on the campus of the Crystal IT Park that will be offered to tech firms on lease and rental basis, according to the Madhya Pradesh Industrial Development Corporation (MPIDC), Indore.

Mayank Pratap Singh, co-founder of an IT firm said, “The new IT park should have dedicated spaces where startups can collaborate on developing innovative solutions to common challenges. The facility should also have provisions for shared equipment and resources such as 3D printers, office supplies, and meeting rooms.”

Players said the upcoming facility should be equipped with advanced features and facilities required for an IT setup.

They said, co-working spaces have become a basic need and the new IT Park should have ready-to-move spaces for budding entrepreneurs.

Some techies suggested the setup to have a dedicated space to host conferences, product launches and other big gathering events where companies can showcase their products and services.

Priyanshu Kumath, founder of Sustainable Water Technologies Ltd said, “The new IT Park should not be limited to any particular domain but the facility should be built in a way that it caters to multiple segments. The new facility should also have space and amenities for engineering/hardware based startups.”

Total saleable area in the upcoming IT Park is about 65,000 sq mt and the estimated cost of development is Rs 393 crore.

Techies also suggested plans for gyms, meditation rooms and other facilities in the IT Park for employees.

Sawan Laddha, Secretary of Invest Indore said, “Indore is growing by leaps and bounds in the tech and startup sector given the policy and ecosystem that prevails in the city. The new IT Park will further add to its capabilities and attract investments. We expect the facility to have advanced facilities catering to all the needs of the firms.”

Some techies suggested engaging services to help startups protect their data and information from cyber threats.

Another respondent Deepika Pathak said, “The setup should have a creche to help working mothers and a friendly place for physically challenged employees.”

  • Published On Apr 15, 2023 at 01:00 PM IST

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