Greenfield IT park to come up in Guindy
10, May 2019
Prelims level : What is the Role of Industries in Indian Economy? Explain. Mains level :
- Olympia Cyberspace, a unit of the Chennai-based Olympia Group, is coming up with a million square feet greenfield IT park jointly with US Private equity fund Apollo Global, in Guindy.
- The project will entail investments upto 750 crore.
- Apollo Global, an alternate investment platform with $270 billion in assets under management, is the joint venture partner of Olympia for this project.