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City Overview - Salem

Salem is known as the ‘Steel City of Tamil Nadu’ owing to the presence of major steel factories operational in the city. The city is also known for Textile manufacturing. The city has one of the largest Magnesite and Bauxite deposits in India which is involved in steel manufacturing.

City Population

3.48 MN

Decadal Population Growth

15.37%

City Area

124 SQKM

Literacy Rate

72.86%

Key Highlights

STEEL MANUFACTURING

Salem city is best known for steel manufacturing and supplies throughout India

MINERAL DEPOSITS

Salem has one of the largest Magnesite, Bauxite and also Iron ore deposits in India

ELECTRIC & ELECTRONIC IE

An exclusive Electrical and Electronics Industrial Estate is located in Salem

4% OF GDDP

Salem contributes 4% of Gross District Domestic Product to the State GDP

LARGEST SAGO INDUSTRY

Salem houses the largest number of Sago Industries in Tamil Nadu

HANDLOOM INDUSTRY

Salem handloom industry is one of the most ancient cottage industry

32 Engineering Colleges

Salem ELCOSEZ

 

Infrastructure & Connectivity

Mode of Transport Details
Road Salem has three National Highways:

NH 7 connects Varanasi to Kanyakumari

NH47 connects Salem to Kanyakumari

NH 68 connects Salem to Ulundurpet

2 major bus stations are MGR Integrated Bus Terminus in Meyyanoor and Town Bus Station

Rail Salem Junction in Suramangalam provides excellent rail connectivity to key hubs in South India.
Air Salem airport located in Salem to Bangalore Highway is the sixth busiest domestic airport in Tamil Nadu

Proposed Physical Infrastructure

  • A greenfield highway of 8 lane has been proposed on the Salem Chennai road to reduce the travel time between two cities
  • Coimbatore Salem industrial corridor as manufacturing and business investment region is proposed which will be focused on heavy industries in Tiruppur and Salem districts bringing in employment opportunities in addition connecting the industrial areas and other hinterland with an investment of INR 7,200 Crores
  • Two flyovers of over 1895m have been planned on the Karur - Bangalore National Highway to ease traffic congestion

REAL ESTATE PRICING

Karuppur – INR 5,000 – 6,000 / sft

Salem Namakkal – INR 2,500 – 3,250 / sft

CBD & Other regions – INR 15 – 25 / sft / month

Parameters Details
Location Jagirammapalayam
Area 53.33 acres
Investment INR 44 crore
Built up area 62,174 sq. ft
Land Cost for 99 years lease INR 25 lakh per acre
Monthly rental charge for Warmshell space INR 17.36 per sq.ft + applicable maintenance charges
Key Tenants Mahima Technologies Pvt. Ltd., Vee Technologies Pvt. Ltd., TANTRANSCO Ltd., E- Mudhra Ltd., Anmol Technologies Pvt., Ltd., FocusR Consultancy and Technologies Pvt. Ltd., Nuratech Consultancy Services Pvt. Ltd., StinSoft Technologies Pvt. Ltd. Knowledge Lens Pvt. Ltd, Dilogy Solutions Pvt. Ltd, Reveille Technologies Pvt. Ltd.
Tenant Profile Software development, Consulting, business process management services and solutions

 

Photo Albums about Salem IT Park

 

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