Hosur is a mere 20 km away from Electronic City, Bangalore's IT hub, and the Tamil Nadu government wants to make the industrial township a giant satellite town like Gurgaon or Noida.
The Electronics Corporation of Tamil Nadu (ELCOT) will commission a study shortly along with the Confederation of Indian Industry on how Hosur can be transformed into an information technology and IT-enabled Services hot spot. The Software Technology Parks of India plans on setting up a park at Hosur.
The Union ministry of IT and communications has asked the Tamil Nadu government to allot land for the building. "With a TIDEL-type park, Hosur is a very viable idea. Lots of residential complexes will be thrown in between Hosur and Bangalore. Travel time is faster outside Bangalore to Hosur rather than within the city.