Why Invest in Madurai?

The Madurai region has attracted huge infrastructure investments exceeding Rs.33,000 crores and the literacy rate and human development index were well ahead of State average. The turnout from the engineering colleges in the region was around 6,000 every year. The cost of expenses on various items compared to metros was 25 per cent to 35 per cent lower. The inherent strength and capabilities of the region should provide a platform for partnership and networking with foreign and domestic companies. Land prices have spurted significantly in the city since July2006. The announcement by the District Administration during the month that it has identified two sites, one in Madurai Kamaraj University campus and the other near Mattuthavani bus stand, for establishing an IT park and a TIDEL Park respectively. In Madurai, IT parks had been proposed in two areas Ilandaikulam and Vadapalanji. While 55 acres had been earmarked for the first site, 257 acres had been allocated for the second. At Vadapalanji, 36 acres had been earmarked for housing for the workforce. Another 500 acres R.R. IT park work also started in Cholankuruni Village.