Date:31/05/2008 URL: http://www.thehindubusinessline.com/2008/05/31/stories/2008053151940400.htm

Satyam takes on lease 4 lakh sq ft in Chennai SEZ

Our Bureau

Hyderabad, May 30 IT services provider Satyam Computer Services on Friday announced it has leased 4,00,000 sq ft of office space in Shriram-The Gateway, a special economic zone being developed by Shriram Properties Ltd at Perungalathur, Grand Southern Trunk Road, Chennai.

This facility is scheduled for completion in November 2008 and will host nearly 4,000 Satyam consultants, who will work on a broad range of technology applications, industries and regions. This will be in addition to Satyam’s own SEZ in Sholinganallur.

The Managing Director of Satyam, Mr B. Rama Raju, in a statement said “We are pleased to establish a strong Satyam presence in The Gateway, which accommodates Satyam’s needs for high-quality infrastructure and is in line with the company’s ambitious growth plans for Chennai.”

The Managing Director, Shriram Properties, Mr M. Murali, said “The Gateway has received tremendous response. It gives us great satisfaction to provide a large-scale, high-quality, integrated IT SEZ (in) Chennai.”