Bhaskar News | Last Modified - Jun 08, 2011, 03:58 AM IST
Indore: In a major jolt to TCS’ (Tata Consultancy Services) plan of making its campus in Indore, three government departments have raised their objections over the process of land allocation.
TCS had chosen Madhya Pradesh over West Bengal, Maharashtra, Rajasthan and Kerala to make its campus.
The IT giant had selected a 100-acre land adjoining the medical hub on the Super Corridor in Indore but its proposal has been stuck in government rigmarole for a while now.
According to sources, revenue, finance along with housing and environment departments of the Madhya Pradesh government have raised objections to giving the land at a discounted price to TCS. The departments also have problems with some other aspects of the proposals.
Due to these objections, the proposal of land allocation was not discussed during the recently held cabinet meeting.
The shocking aspect of the whole saga is that it was the government who had shown the TCS representatives the 100-acre land on the Super Corridor which the I-T company gave a nod to.
TCS plans to invest Rs 1000 crore in its Indore campus in the next five years. The I-T giant said that around 25000 people would be hired for its software and BPO operations in Indore.
It had also claimed that it would start its operations from the Indore campus by 2012 after the government nod. But given the government bureaucracy and rigmarole, that seems to be a distant dream for the company and the people of Indore.