Published On:March 16 2015
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Sri City’s new mantra is 'soft infrastructure'.
Now that Sri City, the upcoming industrial township near Chennai, has gotten a critical mass of tenants, the promoters are turning their focus onto the other part of the plan: the soft infrastructure.
A barren piece of land barely seven years ago, Sri City recently houses over 100 units, some of them big names such as Cadbury's, PepsiCo, Alstom and Isuzu. They occupy a third of the 7,000-acre zone, and some 20,000 people, mostly from the neighbouring villages, work there.
The promoter of Sri City, Ravindra Babu Sannareddy, now believes that to get more tenants, it is necessary to work on the soft infrastructure part of the master plan – that is to build houses, schools, hospitals and recreation facilities. All of these are there today, but in tiny samples. Time has come for a bigger thrust.
HBL