Technology in Chandigarh
Many IT parks are establishing in and around chandigarh. Chandigarh as a financial services hub is also actively under consideration of the Administration. Projects like Chandigarh Technology Park, the education city and the film city are further likely to boost employment potential in Chandigarh. Chandigarh Technology Park of 70,000 sq.ft. made to Global standards,comprising of Six Office blocks and a Retail Plaza,developed along with Chandigarh Administration, is now largely operational. Chandigarh has traditionally been a city where not many multi-national companies had earlier set up their facilities and therefore a large number of professionals had left Chandigarh in the past for other cities, in search of high level employment. Chandigarh administration is also planning to establish nano Technology Park near chandigarh which makes it a more developed city. The quick connectivity to Chandigarh and the huge cost arbitrage involved along with the completion of a few ongoing quality projects in the infrastructure and real estate front, corporate interest in the region is increasing.