Rs 600-cr Infinity Project Set to Change Guwahati IT Outlook

By Supratim Dey

Guwahati, Feb 22 : At a time when Assam and Northeast hardly figure as a promising investment destination for IT companies, Kolkata-based Infinity Infotech Parks Limited (IIPL), a company providing infrastructure solutions to IT companies, has ventured into the region with an ambitious Rs 600-crore world-class IT park project in Guwahati and, moreover, has said would try and rope in investments for the park.

Besides, the company will construct two "elite" residential projects in the city at a cost of Rs 200 crore. "If you can provide the IT companies a world class infrastructure, they would surely come and invest here," said Ravindra Chamaria, chairman and managing director of IIPL.

All the formalities and land acquisition have almost been completed and by this year, the work on the project will begin. Work on one of the residential projects has started and work on another will begin soon.

Pulak Chamaria, executive director of IIPL, told Business Standard that the company was in "touch" with its clients to impress upon them to invest in the park.

Some of IIPL’s clients include HCL Technologies, Mphasis, KPMG, Bharti Airtel, Nortel Networks and so on.

He added that though law and order and security was "surely a concern" that would not act as a deterrent for its clients to come and invest in the park.

He said: "If you create anything iconic, everyone will follow you. We are here to create a benchmark."

Ravindra Chamaria said that they were studying other North-Eastern towns and cities which have potential for growth of IT sector, especially Shillong and Agartala, and would like to venture into those places in future.

He said that the two residential projects would be based on "Green Homes" concept, which would be for the first time in eastern India, and would conform to the Indian Green Building Council norms. 

Infinity has been the pioneer in creating infrastructural solutions for the IT and ITes sector in India and abroad. The twin tower ‘Infinity Think Tank’, ‘Infinity Benchmark’ and ‘Godrej Waterside’, in collaboration with Godrej Properties, are few landmark infrastructures constructed by Infinity in Kolkata.

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Original source : http://www.sinlung.com/2010/02/rs-600-cr-infinity-...