Delhi’s infrastructure pays off

Yesterday’s Economic Times had a front page news item titled ‘Capital cachet lures IT’, while the sub-head went on to elaborate that the ‘NCR pulls in offices thanks to better infrastructure’. The focus of quite a few large IT forms is shifting to the National Capital Region (NCR) that includes Gurgaon and Noida. Though Bangalore is still number three in the global rankings of office consumption, according to the ET article, it is now losing ground to the NCR which has a far better infrastructure. Bangalore, incidentally, had developed office space of 11 million square feet by end of this year, against 9.28 million square feet in 2005.

The scale of the office space being consumed by firms now in Delhi is telling. Wipro has acquired a 40 acre plot of land in Greater Noida and established a 250,000 sq ft office to begin with; Patni already has a 60,000 sq ft facility there. Meanwhile Google has invested in a (hold your breath!) 550,000 sq ft office in Gurgaon; while Dell will move into its new 500,000 sq ft office there by January 07; and Accenture will soon be moving into its 1 million sq ft plus office!

According to a real estate consultant, the factors leading to companies investing in the NCR go beyond good infrastructure to risk mitigation and business continuity. As Mumbai, Chennai and even Bangalore are prone to flooding, the NCR offers a very attractive alternative. Leave alone benchmarking against cities in South East Asia, its about time we focused on the competition in India to begin with. Otherwise we will soon be left behind by more progressive cities.

7 Comments so far

  1. ramesh (unregistered) on December 6th, 2006 @ 7:32 am

    David do you know what NCR really stands for National Crap Region, National Crime Region, National Communist Region. quite a gay name if you ask me. We are lead by a region full or criminals, ex cons and rapists the only think Delhi is good for is seeing hardcore criminals, cons and Poojabers.

  2. senthil (unregistered) on December 6th, 2006 @ 11:04 am

    Talking about infrastructure .??? what happened to our vey own IT highway we have been constructing for years …looks like there isnt any work in progress ? but before a month or so.. the work was in full speed … may be just beacause muncipal elections were around the corner, the politicians want to play a game .

  3. prabhu (unregistered) on December 6th, 2006 @ 12:19 pm

    yeah, the work on OMR seems to be on the slower side again. But the streach till tidel is good. Now the work is on to beautify this streach, rather than completing the remaining portion.

  4. vishal (unregistered) on December 7th, 2006 @ 6:27 am

    Delhi has adequate infrastucture but that is expected being the capital however I was in Delhi for two months and I hate this place it is another place I would classify as one of the worst places to live like Chennai. There is a stench around Delhi that doesn’t seem to go away maybe thats why the roads are so good so people can get out of Delhi asap without suffocating to death.

    OMR ha ha that is a joke in the making a road that will vanish when the rain comes and it will be the sludge expressway of the world. Maybe they should rename it Crapypira junction a road that leads to a shit hole called Chennai.

  5. independant (unregistered) on December 8th, 2006 @ 10:10 am

    The dumb NCR should allow the different states of India to become indepedant countries.
    The Indian government wants Hindi to flourish and other languages to languish. India should be destroyed the NCR should be burned to the ground.
    Hindia is a disease.

  6. thinkpad (unregistered) on December 8th, 2006 @ 10:15 am

    Fuck North Indians and anyone who supports them, they stink and deserve to rot in hell.

  7. Dan (unregistered) on December 12th, 2006 @ 8:05 am

    This is article from FDI magazine


    Winner: Tamil Nadu, India

    Competition was closer and the playing field more level in the regions section of fDi’s contest, with the Indian state of Tamil Nadu edging ahead of Australia’s New South Wales to claim the title Asian Region of the Future 2005/06. Tamil Nadu took first place in the all-important category of best FDI potential.

    As investors such as Ford, Hyundai, Nokia and, most recently, BMW have discovered to their delight, Tamil Nadu has managed to avoid or mitigate problems that dog other locations in India, such as infrastructure and energy failings. Through pro-active and business friendly government policies, the state has harmonious industrial relations, a matured business culture and abundant skilled manpower.

    Things should only get better: several new fly-overs and by-passes are under construction that will ease traffic congestion in heaving Chennai, and an ‘IT Expressway’ project will widen the main access road to that city’s thriving software cluster. This hints at Tamil Nadu’s real secret weapon: Chennai’s IT corridor employs nearly 50,000 people, and this number is set to increase to as much as 90,000 when some of the major IT companies investing there get their operations up and running.

Terms of use | Privacy Policy | Content: Creative Commons | Site and Design © 2009 | Metroblogging ® and Metblogs ® are registered trademarks of Bode Media, Inc.