DLF Ltd and the Tamil Nadu Industrial Development Corporation (TIDCO) have forayed into an alliance agreement for a Rs 1,500-crore Information technology Special Economic Zone (SEZ) here. The facility coming up at Taramani, on the Old Mahabalipuram Road, will be spread over 26.64 acres will have a total built up area of 4.5 million Sq ft. The project would be implemented in two phases with the first phase of 2.5 million sq ft ready by end of 2009. The project will create over 45,000 jobs directly and 10,000 indirectly.
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