Tamil Nadu Chief Minister Edappadi K Palaniswami laid foundation in Chennai for the construction of DLF DownTown, a joint venture of the Tamil Nadu Industrial Development Corporation (TIDCO) and DLF, for housing information technology (IT) firms under one roof.
At an investment of Rs 5,000 crore, the IT complex with all modern facilities would come up on 27.04 acres of land in Taramani. The project is expected to provide direct employment for 70,000 people.
Many new projects like Phase II of the Chennai Metro, widening of OMR Road with by-passes at Kelambakkam and Thiruporur and flyovers at key junctions at a total cost of Rs 1,150 crore are being taken up.